#BTCvsMarkets #BTCvsMarkets
๐ Bitcoin vs Traditional Markets โ April 2025
Bitcoin Performance
Current Price: Bitcoin is trading at approximately $92,600, with a slight decline of 0.93% over the last 24 hours.
Annual Performance: Since the beginning of 2025, Bitcoin has achieved gains of nearly 25%, placing it among the top-performing assets compared to stocks and gold during the same period.
Technical Analysis
Overall Trend: After a clear breakout from the "descending wedge" pattern that lasted about four months, Bitcoin has returned to move in a clear upward direction.
Support and Resistance: The nearest support is currently around $88,000, while the most significant resistance is psychological and historical at $100,000.
Technical Indicators: RSI is above 50, indicating strong upward momentum. The price is also above the 200-day moving average, confirming the positive trend.
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Comparison with Traditional Markets
U.S. Stocks
The S&P 500 index has risen by only about 8% since the beginning of the year, making Bitcoin outperform it by more than 3 times.
Major investors have begun to shift part of their portfolios to digital assets as a store of value and a source of higher returns, especially after the poor performance of stocks.