1. Price rise and market indicators
- Current price: BTC continued its movement towards the psychologically important level of $100,000, reaching $96,400 and setting a new monthly high. Support was provided by breaking long-term resistance at $94,000 and increasing demand from institutional investors.
- Trading volumes: The daily trading volume of BTC exceeded $83 billion, confirming high market participant activity.
- Market capitalization: The total capitalization of the cryptocurrency market has risen to $2.75 trillion, with BTC remaining a key growth driver.
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2. Institutional demand and ETFs
- BlackRock Bitcoin ETF: The IBIT fund from BlackRock owns 2.77% of the total BTC supply (about 582,000 BTC worth $56 billion). On April 22, the fund attracted $643 million — a record in the last 13 weeks.
- BlackRock forecasts: The company's management believes that uncertainty in the global economy (including trade conflicts) enhances the attractiveness of BTC as a safe-haven asset. CEO Larry Fink noted that Bitcoin could become an alternative to the dollar amid rising national debt.
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3. Technical analysis and key levels
- Resistance: The main target is $100,000, the next key level after breaking $94,000.
- Support: As of April 26, the nearest support level was in the $91,500 zone.
- Risks: Analysts note a high concentration of long positions, which could lead to a correction with decreasing volumes.
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4. Regulatory context
- Easing in the US: The Federal Reserve and the Office of the Comptroller of the Currency have simplified banks' operations with cryptocurrencies, including the integration of crypto services and custodial accounts. This has strengthened trust in BTC.
- Switzerland's position: The Swiss National Bank (SNB) refused to include BTC in reserves due to volatility, despite pressure from the Bitcoin Initiative.
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5. Market sentiments
- Fear and Greed Index: Decreased from 72 to 60 in 24 hours, despite BTC's stability above $90,000. This indicates investor caution ahead of potential volatility.
- Forecasts: Experts expect a breakthrough of $100,000 in the coming weeks, but recommend monitoring volumes and regulatory news.
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Daily summary
On April 26, 2025, Bitcoin continued to strengthen its position as the main asset of the cryptocurrency market:
- Technical and fundamental factors support the movement towards $100,000;
- Institutional demand through ETFs remains a key growth driver;
- Regulatory easing in the US and global economic instability enhance the role of BTC as a hedge instrument.
For investors, it is critically important to monitor price dynamics at the $100,000 level, trading volumes, and news about macroeconomic risks.
$BTC #CryptoAdoption #BinanceAlphaPoints