Bitcoin seeks to exceed $100,000, targeting $105,000, while crude oil has mixed signals near $73.90. Gold progresses towards $2,900; Ethereum struggles below $2,764.75. Today’s trading range is situated between $2,650 and $2,970, with an overall bullish trend forecasted.

As of April 2, 2025, Bitcoin (BTCUSD) is experiencing positive movements, attempting to surpass the $100,000 mark, which signals expectations of a sustained bullish trend. The primary target remains at $105,000; however, if the price fails to maintain above $100,000, it may face negative momentum, potentially retesting the $95,195 level before any new upward movements.

In contrast, crude oil prices are exhibiting a mixed trend. While it initially broke below the $72.30 level to approach $71.20, it quickly rebounded to test the critical resistance of $73.90. For the bearish trend to remain valid, it needs to consolidate below this resistance; otherwise, breaking it could lead to positive targets around $75.50.

Gold has shown strong upward movement, successfully breaching the resistance of its bullish channel and nearing the anticipated target of $2,850. The outlook appears promising for continued gains towards $2,900, provided that the price remains stable above $2,820.

Ethereum (ETHUSD) is currently facing downward pressure, having broken below $2,764.75 and stabilizing beneath this level, indicating weakened positive momentum. There is a potential for decline unless the price reclaims this threshold, which could resume the anticipated bullish trend, initially targeting $3,017.30.

The expected trading range for today encompasses a support level at $2,650 and a resistance level at $2,970. The overall market trend is projected to remain bullish, given the current indicators and price movements.

The report discusses the latest forecasts for Bitcoin, crude oil, gold, and Ethereum markets based on recent price movements. Key indicators for bullish and bearish trends are highlighted, alongside significant price levels that traders should monitor. Understanding these financial instruments’ trends and projected targets is crucial for informed trading decisions in the coming days.

In summary, Bitcoin shows attempts to establish a bullish trend above $100,000, while crude oil’s status remains uncertain amidst mixed trades. Gold is trending positively towards $2,900, and Ethereum faces challenges below $2,764.75, with a potential for decline unless this level is reclaimed. Overall, the market has a bullish outlook, contingent on the stability of prices around critical levels.

Original Source: www.economies.com

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