Bitcoin Price Prediction for April 14: Week Starts Positively

The cryptocurrency market experienced positive momentum early this week, according to CoinMarketCap. Bitcoin (BTC) price saw a 0.65% increase over the past 24 hours. Analyzing hourly charts reveals BTC is currently situated within the local trading range between $84,224 and $85,496. A close above $86,000 level could signal a test of this resistance by tomorrow. Meanwhile, on longer timeframes, sideways trading appears most likely. However, if the price closes above the interim resistance of $86,000, accumulated energy might trigger a move towards the key resistance of $88,772. It’s still too early to predict long-term trends for Bitcoin. Notably, traders should watch the level of $88,772 closely. Breaking this level would signal positive momentum and could lead to further gains to reach $90,000 by the end of April.