#BTCvsMarkets As of April 24, 2025, Bitcoin (BTC) has outperformed major U.S. stock indices year-to-date, despite experiencing significant volatility.

📊 Year-to-Date (YTD) Performance

• Bitcoin (BTC): Approximately +0.3%

• S&P 500: Approximately -8.9%

• Nasdaq Composite: Approximately -13.9%  

Bitcoin’s resilience is notable, especially considering its decline from a peak of over $109,000 earlier this year to around $87,000, before rebounding to approximately $93,700 as of April 23 . 

📉 Market Context

The U.S. equity markets have faced headwinds in 2025, primarily due to escalating trade tensions and political uncertainties. President Donald Trump’s tariff policies and criticisms of Federal Reserve Chair Jerome Powell have contributed to investor unease, leading to significant declines in major indices .  

In contrast, Bitcoin has benefited from a weakening U.S. dollar and increased interest as a potential hedge against traditional market volatility. However, trading volumes have remained relatively low, indicating cautious investor sentiment . 

🔍 Technical Outlook for Bitcoin

• Resistance Level: $100,000 — a psychologically significant threshold where selling pressure may increase.

• Support Levels: $85,000 and $76,000 — areas where buyers have previously shown interest.  

Bitcoin’s recent breakout above its 200-day moving average and an RSI above 50 suggest potential for further gains, but the low trading volume could limit upward momentum .