Bitcoin Price Forecast: April 2 Predictions & Outlook

Despite a bearish start to Wednesday, some cryptocurrencies are showing signs of positivity according to CoinStats. Bitcoin (BTC) has seen a modest gain of 0.22% over the last 24 hours. 📊 Looking at the hourly chart, BTC is attempting to regain its footing near $85,235’s resistance level. If bulls maintain their momentum, we might see a test of the $86,000 mark. 📈 On larger timeframes, traders should pay attention to the closing candle of the previous bar to gauge potential direction. If it closes around $86,000, expect a continuation upwards to potentially reach the $88,00-$90,000 region. Meanwhile, Bitcoin’s mid-term performance shows persistent accumulation of energy, with low volume signaling minimal short-term volatility. 📈 The price currently stands at $85,325 at press time.