$BTC

As of April 29, 2025, the price of Bitcoin (BTC) is approximately $94,917, with daily fluctuations ranging between $93,580 and $95,533, showing an overall consolidation pattern.

On the technical side, BTC recently broke through a four-month descending wedge pattern and has risen above the 200-day moving average, indicating strengthening bullish momentum. The Relative Strength Index (RSI) remains above 50, further supporting the upward trend.

On the fundamental side, institutional investors' interest in BTC continues to rise. Reports indicate that an increasing number of listed companies are incorporating BTC into their corporate balance sheets, reflecting a long-term optimism towards crypto assets.

However, in the short term, BTC faces a resistance level at $95,000; if it can break through this level, it may challenge the psychological barrier of $100,000. The support level below is around $85,000, and investors need to closely monitor the price performance in this range.