As of April 26, 2025, the price of Bitcoin (BTC) has shown significant movement. The current price of BTC is $91,563.27, reflecting a 4.8% increase. This surge marks a notable 2-day gain of over 8%, with the price briefly peaking at $91,754.28, the highest level since early March.
The recent price action suggests a decoupling from traditional risk assets, as Bitcoin has rallied almost 23% from its April 7 low. This upward trend is supported by a bullish market sentiment, with 27 technical analysis indicators signaling bullish signals, compared to only 5 bearish signals.
Looking ahead, forecasts predict that the price of Bitcoin will increase by 24.17% over the next week, reaching $114,819 by April 29, 2025. Additionally, the price is expected to rise by 20.71% over the next month, reaching $111,623 by May 24, 2025.
Overall, the outlook for Bitcoin remains positive, with expectations of continued growth and potential new highs in the coming months.$BTC
