BtcPrice

#Bitcoin is currently trading around the $96,000 mark after a week of strong bullish price action that saw it reach $97,900 — its highest level since the March sell-off. The price now flirts with the psychological $100,000 barrier, a key milestone that could confirm the start of a new macro uptrend. However, global macroeconomic tensions remain, with concerns over inflation, trade conflicts, and monetary tightening still weighing on investor sentiment.
Despite the uncertainty, optimism is growing among long-term holders and market participants who expect a breakout in the coming weeks. Top analyst Ted Pillows shared an insightful comparison, suggesting that Bitcoin is currently mirroring gold’s recent price cycle: a deep accumulation phase followed by a breakout to all-time highs. According to Pillows, Bitcoin entered a re-accumulation phase after the March 2024 peak and successfully broke out of it in Q4 2024 — just as gold did before hitting record highs.
Now, $BTC appears to be following the same trajectory, with investor confidence building as supply tightens and demand climbs. If the pattern continues, a sustained push above $100K could usher in a new leg of the bull cycle, drawing even more capital into the crypto market.
Bitcoin Approaches Major Test As It Tracks Gold’s Path
#bitcoin is once again at a decisive moment, trading just below the highly anticipated $100,000 mark. After weeks of steady gains and a recent push above $97,000, bulls appear confident—but market participants remain cautious. A successful breakout above $100K would not only mark a major psychological milestone, but also signal the start of a new bullish macro phase. However, ongoing macroeconomic tensions, including inflationary pressure, global trade instability, and lingering recession fears, continue to weigh heavily on the broader market.
Pillows shared a compelling outlook, noting that Bitcoin appears to be tracing the same path as gold’s recent rally. According to his analysis, #BTC underwent a classic accumulation phase in early 2024, similar to gold’s behavior before it reached all-time highs. This was followed by a breakout and re-accumulation, culminating in another breakout during Q4 2024. Since then, Bitcoin entered a months-long consolidation phase, coiling within a defined range and building the necessary strength for its next leg up.

Bitcoin following Gold’s rally | Source: Ted Pillows on X
Pillows believes that the breakout has already begun and expects a new all-time high to be set in Q2 2025. If this scenario plays out, Bitcoin would likely surpass the $100K resistance and potentially open the door to a fresh wave of capital inflows across the crypto market.
#BTCPrice Consolidates Ahead Of Critical Test
Bitcoin is trading at $96,500 after several days of tight consolidation just below the $98,000 mark. The recent upward momentum has slowed, but bulls remain in control as BTC holds firmly above key short-term support levels. The $100,000 resistance remains the most important milestone on the horizon—reclaiming it would confirm a breakout and likely ignite the next leg of the bullish cycle.

BTC testing crucial supply | Source: BTCUSDT chart on TradingView
However, price action suggests that the market is waiting for a catalyst to break this range. A decisive move above $98K could set the tone for a push toward six figures, while continued rejection near this level could erode short-term momentum. If Bitcoin fails to hold the $95K support zone, it may trigger a correction into the low $90K region, where the next major support lies around the $88,500 level—home to the 200-day moving average.
Overall, the setup remains constructive, but bulls must prove strength soon. With macroeconomic uncertainty still looming and global liquidity conditions tightening, market participants are closely watching for signs of confirmation—or weakness—in Bitcoin’s current structure. Until then, the $95K–$100K range remains the battleground.

Bitcoin's price has been consolidating within a narrowing range, sparking speculation about an imminent breakout. Analysts are closely watching key support and resistance levels to determine the next significant move.​
Key Highlights
Current Price Action:Bitcoin has been trading between $93,000 and $95,800, indicating a tightening consolidation pattern.This range-bound movement suggests that a significant price shift could be forthcoming.​Technical Indicators:The four-hour chart shows a strong bullish trend from $83,300 to $95,800.A tightening price range often precedes a breakout, either upward or downward.​Potential Scenarios:A breakout above $95,800 could signal a surge toward the $98,000 mark.Conversely, a drop below $93,000 might indicate a short-term bearish trend.​
What Traders Are Watching
Support Levels:Key support is identified as around $93,000, with a more substantial base at $92,800.​Resistance Levels:Immediate resistance is near $95,800, with a potential breakout target at $98,000.​Market Sentiment:Traders are exhibiting cautious optimism, awaiting confirmation of the next directional move.​
Conclusion
Bitcoin's current consolidation phase is drawing significant attention from traders and analysts. The narrowing price range suggests that a decisive move is imminent, with the potential to reach new highs or retest lower support levels. As always, market participants should exercise caution and employ risk management strategies.​

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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.

The crypto market closed last week on a bullish note, with the global market cap jumping from $2.74 trillion to $2.95 trillion. Bitcoin (BTC) led the charge, smashing past $95,000 on April 25 before settling above the $93,000 mark — a key psychological level for traders.

BTC Dominance Climbs, Market Sentiment Neutral

At the time of writing, BTC dominance stood strong at 63.29%. The overall market mood stayed 'Neutral' with a Fear and Greed Index score of 51. Despite volatility, growing ETF inflows and hints of favorable U.S. economic policies kept optimism alive.

Key Numbers:


Bitcoin High: $95,480.48 (April 25)
Bitcoin Low: $86,696.50 (April 21)Ethereum High: $1,852.49 (April 27)Ethereum Low: $1,560.61 (April 22)DeFi Volume: $5.57 billion (9.01% of total 24-hour volume)Stablecoin Volume: $56.08 billion (90.74% of total 24-hour volume)

Institutional Inflows Drive Optimism

Spot Bitcoin ETFs in the U.S. attracted $3.06 billion in inflows last week, reinforcing Bitcoin’s resilience above $93K. Sathvik Vishwanath, CEO of Unocoin, pointed to $94,600 as the next breakout level. With institutional demand rising and potential regulatory clarity from the U.S. SEC, bulls are eyeing a move toward the $124,000 target.

Altcoin Spotlight: Pudgy Penguins And Walrus Surge

While Bitcoin and Ethereum held firm, certain altcoins like Pudgy Penguins and Walrus captured attention with notable gains. Altcoins could gain further momentum if Bitcoin consolidates at current levels.

Macroeconomic Watch: New U.S. Tariff Policies Loom

President Donald Trump hinted at upcoming federal income tax cuts tied to fresh trade tariffs — a development that could inject new volatility into global markets, including crypto.

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Geoffrey Kendrick from Standard Chartered has made another prediction on crypto; this time, he made some statements around Bitcoin that can reach new heights.

He predicts that the value of #bitcoin could escalate to $200,000 by the end of 2025 and even $500,000 by 2028. As per the current price of Bitcoin, which is around $93,000, Bitcoin can jump up to 100% by this year.

Kendrick’s bullish view is mostly due to Bitcoin’s singular position as a hedge against risks in the financial system, especially during times of uncertainty
As per him, Bitcoin’s primary function is as a safeguard against financial system risks. The cryptocurrency’s decentralized nature makes it a solid option during periods of financial instability.

When Silicon Valley Bank failed in March 2023, Bitcoin gave some relief. Similarly, Bitcoin’s decentralized structure can help reduce risks associated with government policies, such as concerns about the US Treasury’s actions or the Federal Reserve’s decision-making.
One metric that Kendrick is tracking closely is the US Treasury term premium, which recently reached a 12-year high. The term premium shows the additional risk that investors take in holding long US Treasury bonds. Bitcoin has been correlated with this premium since early 2024, Kendrick has noticed.

But lately, Bitcoin has not kept up with the term premium’s increase. Kendrick attributes this lag to earlier fears that tariffs would hurt technology stocks, and since Bitcoin often mirrors the performance of these stocks, it didn’t keep up.
Regardless of this, Kendrick is convinced that Bitcoin will continue to appreciate as long as there are continued worries regarding the independence of the Federal Reserve. With possible shifts at the Fed, including the possible ouster of Jerome Powell, these risks would propel further growth for Bitcoin.
Kendrick’s prediction continues to be hopeful, with a possibility that Bitcoin might shatter new all-time highs in the near term as these economic ambiguities unfold.
This isn’t the first time Kendrick has made bullish crypto predictions. In the recent past, he has also predicted that XRP could rise to $12.50 by the end of 2028 and AVAX could reach $250 by 2029.
Overall, although Bitcoin sometimes does not trend perfectly with other assets such as tech stocks, it is slowly being regarded more and more as a hedge asset during periods of financial uncertainty, with Kendrick predicting tremendous growth to come.
#BTC #BTCPrice $BTC

Why Crypto Market is Up Today and Will it Maintain Bull Run? Check Now
The global crypto market is seeing a fresh wave of positivity, and the numbers are clearly showing it. As of today, the total crypto market cap has reached $2.76 trillion, marking a 0.58% increase in the last 24 hours. Along with that, the 24-hour trading volume has jumped to $87.56 billion, up by 28.49%, as per CoinMarketCap.
Why Crypto Market is Up Today? Whale, Trump, and Bitcoin Effects
One of the big reasons behind the rise is massive whale activity. According to Lookonchain, a known whale just deposited another 300 BTC (worth around $26.46 million) to Binance. This same wallet has moved around 4,800 BTC ($406M) over the past year and still holds over 5,200 BTC, valued at $460 million.

Source: Lookonchain
At the time of writing, BTC price was trading at $88,558.31, after an intraday spike of 1.50% with $1.75T in market cap and $37.55B in 24-hour trading volume. Additionally, on April 22, the physical asset hit the psychological level of $3,500, its highest price ever. This jump came as the U.S. dollar dropped to its lowest in 3 years.
Based on the current Bitcoin performance, it would be interesting to see whether BTC follows Gold? 
It’s not just Bitcoin. Big wallets are also showing interest in memecoins like Fartcoin. Wallets labeled CTRWQ3, Gti2oW, and FUTwwa recently spent over $5 million combined to buy large amounts of Fartcoin at prices between $1.09 and $1.15. This kind of activity often creates excitement and builds trust in the community.
As of now, Fartcoin was hovering at $1.06, after an intraday surge of 17.40%. 
Another factor influencing prices is politics. Donald Trump has been openly criticizing Federal Reserve Chairman Jerome Powell, saying Powell is “too late and wrong” about interest rate decisions. Analysts say that if Trump replaced Powell with someone who is more favorable to lower interest rates, it might propel crypto prices even further, with Bitcoin and other coins typically performing better during low-rate regimes.
To add to the momentum, Spot Bitcoin ETFs are demonstrating solid inflows. Through April 21, total net inflows amounted to $381.40 million, while cumulative net inflows totaled $35.76 billion. 

Source: SoSoValue
These ETFs currently manage assets of $97.61 billion, equivalent to approximately 5.63% of the market cap of Bitcoin. This indicates that institutional investors are still backing BTC.
Also noteworthy is the Fear and Greed Index. It has risen from "Fear" to "Neutral" at 47, which indicates that the people are becoming more optimistic about the market.
What's Next for Crypto? Predictions and Warnings
Renowned financial writer Robert Kiyosaki is also enhancing investor optimism. Recently, he mentioned, "Bitcoin is $84K today. Strongly believe it will reach $180K to $200K in 2025." Several experts are also discussing the beginning of potential altcoin season, when small tokens could begin to increase rapidly.

Source: X
But though things seem fine for the moment, there is still caution required. Trump's continued fights with China and Powell could bring about uncertainty. If tensions increase, the market will suffer.
Conclusion
Today's crypto price surge is supported by solid whale demand, increasing ETF support, and political intrigue that may change future interest rates. Short-term confidence is high, but the long-term trajectory will continue to be subject to global events and investor sentiment. For now, the crypto community is observing closely—and cautiously enjoying the upswing.
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Explore why Bitcoin prices fluctuate, analyzing key factors behind its rise and fall, including market demand, regulations, and volatility.
Understanding Bitcoin Price Fluctuations: Reasons for Its Rise and Fall
Bitcoin (BTC) is one of the most significant assets in the cryptocurrency market. In December 2024, its price surpassed $100,000, sparking immense interest among investors. But what drives Bitcoin's price to rise or fall? Let’s delve into the key factors influencing its volatility.
Reasons Behind Bitcoin Price Increases
1. Limited Supply:
Bitcoin has a fixed supply of 21 million coins. As demand increases, scarcity pushes its price higher, making it a valuable asset.
2. Institutional Investments:
When large institutions invest in Bitcoin, market confidence grows, leading to significant price increases. Recent years have seen heightened institutional interest.
3. Hedge Against Inflation:
Bitcoin is often viewed as digital gold. During times of economic uncertainty or currency devaluation, people turn to Bitcoin as a store of value, boosting its price.
4. Public Adoption:
Increased usage and acceptance of Bitcoin for transactions and as a financial instrument contribute to its value appreciation.
Reasons Behind Bitcoin Price Decreases
1. Market Volatility:
The cryptocurrency market is highly volatile. Large-scale selling by investors can trigger rapid price drops.
2. Regulatory Pressures:
Government restrictions or unfavorable regulations can erode investor confidence, causing prices to fall.
3. Security Risks and Hacking:
Major hacking incidents or security breaches on exchanges can lead to panic selling, driving the price downward.
4. Bearish Market Trends:
When sellers dominate the market and buyers are scarce, Bitcoin prices can decline significantly.
Analysis and Future Outlook
Bitcoin's price fluctuations are part of its nature as a volatile asset. While it has shown a tendency to rise over the long term due to limited supply and increasing adoption, short-term drops are influenced by external factors like market sentiment, regulations, and global events.
Investors should stay informed, conduct thorough market analysis, and evaluate risks before making decisions.
Conclusion
The rise and fall of Bitcoin prices are influenced by various interconnected factors. Understanding these dynamics is crucial for anyone looking to invest in cryptocurrencies. Proper market research and risk management strategies are essential to navigating the highs and lows of this exciting yet unpredictable market.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before investing.
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