Over the past four hours, Bitcoin (BTC) has exhibited modest volatility against Tether (USDT), reflecting cautious sentiment as traders await clearer signals from the broader market. As of April 24, 2025, BTC is trading at approximately $93,049, marking a slight decrease of 0.86% from the previous close. During this period, the price fluctuated between an intraday low of $91,810 and a high of $94,147.
This price movement aligns with recent market analyses, which highlight the $94,000 level as a significant resistance point. Analysts suggest that surpassing this threshold could pave the way for further gains, potentially targeting the $100,000 mark. citeturn0news14 Conversely, if BTC fails to maintain support above $91,000, it may retest lower support zones around $87,000.
Trading volume has remained steady, indicating sustained interest from both institutional and retail investors. Notably, corporations have emerged as a dominant buying force in 2025, surpassing traditional entities like ETFs and sovereign funds. citeturn0news6
Technical indicators present a mixed outlook. While the Relative Strength Index (RSI) hovers in neutral territory, suggesting neither overbought nor oversold conditions, the Moving Average Convergence Divergence (MACD) hints at a potential bullish crossover. Traders are advised to monitor these indicators closely, as they may signal impending price movements.
In summary, BTC/USDT is currently in a consolidation phase, with key resistance at $94,000 and support around $91,000. Market participants should stay vigilant, as breaking these levels could determine the next significant price direction. $BTC