| by Blend Visions | Coinmonks | Apr, 2025
The bear phase in the cryptocurrency market is at its roughest stage of development. Several of the largest names on the crypto market — that is, Bitcoin, Ethereum, Solana, XRP, and Chainlink — have been battered with significant price declines. There are still tough questions being asked by investors: When will the market recover? Or has the bearish trend upon it? We will do a thorough analysis of price movements, resistance and support levels, and predictions for these cryptocurrencies in this blog. Whether a typical trader or a neophyte, this guide will inform you on how to make wise choices in this dubious period. 
However, Bitcoin is under pressure as it attempts to overcome vital resistance. However, the super trend indicator is still giving a bearish signal on larger time frames, and the last price action seems to support this.
A bullish or bearish divergence on Bitcoin’s weekly chart clearly appeared seemingly late 2024. This divergence is a useful marker for traders to avoid expecting any big bullish spurts in the near future. Additionally, they have a bearish crossover from MACD (Moving Average Convergence Divergence) as well, which occurred in early February 2025, indicating a downward trend.
Bitcoin’s resistance levels are located at $86,000–$88,000. A breakout above $88K can bring further resistance at the $92K and the $96K levels. But these levels have yet to convince bulls to regain control. The downside is that there is major support between $70,000 and $74,000. Short-term support levels include $78.5K and $80K.
Pro Tip : If Bitcoin’s price closes below $78.5K on the daily timeframe, you can assume Bitcoin will be pulled back to the lower $70K range.
