Bitcoin Price Prediction: BTC/USD bulls struggling for juice to conquer $4000 – Confluence Detector

Bitcoin price in the second half of the session of Wednesday trading with gains of over 2%.
BTC/USD bulls continue to struggle to conquer the $4000 price territory.

Ken Chigbo Independent Analyst

Bitcoin price in the latter part of Wednesday session was trading up with gains of some 2%. As the bulls look to the further storm above the supply area seen within the early $4000 price territory. BTC/USD pushes up to the highest levels seen since 21st March.

BTC/USD bulls extend further to the north following a decent catch from support seen just below, a tracking ascending trend line. It has been active since mid-February, providing necessary comfort when required.

Given current upside momentum, eyes must be on the next big areas of resistance. Firstly; $3985.65, daily 10SMA, weekly pivot point support, weekly 38.2% Fibonacci, $4068.98, weekly pivot point resistance and $4193.98 weekly pivot point resistance.

BTC/USD daily confluence detector

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

Bitcoin slips below $90,000 as Trump's tariffs swing, ETF outflows pressure price

Bitcoin price struggles below $90,000 on Friday, correcting nearly 5% so far this week. Trump’s Davos speech on Wednesday, backing away from imposing further tariffs on the EU, triggered market volatility and risk-on mood.

Ripple holds losses above $1.90 amid mild ETF inflows, muted retail interest

Ripple is trading under pressure, hovering above the immediate support level at $1.90 at the time of writing on Friday. Despite mild inflows into spot ETFs, XRP has declined for a second consecutive day, reflecting weak retail demand and persistent selling pressure.

Pump.fun sees bearish reversal despite buyback

Pump.fun trades below $0.0025 at the time of writing on Friday, after a nearly 7% decline from the 50-day Exponential Moving Average at $0.002601. The recent purchase of over $1 million in PUMP tokens failed to revive retail support, as PUMP futures continue to see capital outflow.

Crypto Today: Bitcoin, Ethereum, XRP face elevated downside risk amid weak technical setups

Bitcoin is struggling to stay above support at $89,000 at the time of writing, as headwinds intensify across the cryptocurrency market on Friday. Ethereum and Ripple are facing low retail and institutional demand, while bearish indicators continue to flash subtle signals that losses may extend further.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC slips below $90,000 as Trump's tariffs swing, ETF outflows pressure price

Bitcoin (BTC) is trading below $90,000 at the time of writing on Friday, down nearly 5% this week. Despite a brief improvement in risk appetite following US President Donald Trump’s mid-week speech at Davos, the Crypto King remains under pressure as institutional demand continued to weaken so far this week.