Currently, Bitcoin is holding around $94,400, demonstrating confident stability after the recent upward surge.
💎 Analysts note: BTC has confidently broken the resistance level at $94,000 and is now targeting the next goal — $98,000, supported by strong bullish momentum and increasing trading volumes.
🖌 From a technical perspective:
— Bitcoin has emerged from a four-month descending wedge.
— Confidently secured above the 200-day moving average, confirming a trend change to bullish.
📈 Fundamental factors are also on the side of growth:
On April 22, spot Bitcoin ETFs attracted over $936 million — this is a direct signal of high demand from institutions.
Miners secured a profit at the level of $18.57 million after surpassing the $93,000 zone, which only strengthens confidence in the current trend.
📉 At the same time, one should be ready for a possible correction to the $92,000 zone — there is a concentration of liquidity, and a stop hunt is possible before the next jump.
📊 BTC dominance is already approaching the important zone of 65–66%, which could mark the beginning of a new wave of altcoin growth. 🔑 A great time to consider entering promising altcoins.
Conclusion:
The forecast for BTC in the coming days remains bullish — if the growth pace continues, we could see a movement towards $98,741 and even higher! 🚀