From Cointelegraph

April 11, 2025 1:30 PM:

Bitcoin (BTC) price has surged over 11% from the April 7 low of $74,400, with analysts predicting a sustained recovery if it holds above $81,500. A weekly close above $80,500 is crucial for Bitcoin’s recovery, according to analysts AlphaBTC and Rekt Capital. Onchain data suggests near-term seller exhaustion, potentially fueling price recovery. After hitting a five-month low on April 9, Bitcoin retested the lower Bollinger Bands boundary, hinting at new price highs if a W-shaped pattern is confirmed.

Read more at Cointelegraph: Bitcoin sellers tap out, clearing the path for a fresh run at new all-time highs