$BTC Here’s a comprehensive post on the latest Bitcoin updates, incorporating key developments from the search results:
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**🚀 Bitcoin Latest Update: Price Rally, Predictions, and Macro Trends (April 2025)**
### **1. Bitcoin Price Surges Past $93K Amid Macro Relief**
Bitcoin (BTC) has rallied for three consecutive days, climbing over 2% to **$93,660** as of April 23, 2025, and briefly touching **$94,617**—its highest level since early March. This rebound comes amid softening rhetoric from President Trump on tariffs and Fed Chair Jerome Powell, easing market tensions. Analysts attribute the rally to:
- **Short squeezes**: Over $300M in short positions were liquidated, fueling upward momentum .
- **ETF inflows**: Spot Bitcoin ETFs saw $936M in daily inflows, the highest since January, signaling renewed institutional interest .
- **Divergence from tech stocks**: BTC is increasingly behaving like gold, a hedge against macro uncertainty .
Next resistance levels: **$95,000**, with **$100,000** as the key psychological target .
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### **2. Bold Long-Term Predictions**
Experts remain bullish on Bitcoin’s future:
- **ARK Invest**: Projects BTC at **$300K (bear case) to $1.5M (bull case)** by 2030, driven by institutional adoption, nation-state reserves, and Bitcoin’s role as "digital gold" .
- **Fidelity**: Predicts **$1M per BTC by 2030** and **$1B by 2038–2040**, citing Metcalfe’s Law and network growth .
- **Bernstein**: Revises 2025 target to **$200K**, anticipating spot ETFs will hold 7% of BTC’s supply by year-end .
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### **3. Macro Risks and Fed Watch**
- **Trump vs. Fed**: President Trump’s push for rate cuts clashes with Fed Chair Powell’s cautious stance. Senator Elizabeth Warren warned of potential Fed upheaval, creating market uncertainty .
- **Tariff impact**: April’s tariff rollouts initially spooked markets, but Bitcoin’s resilience highlights its evolving role as a macro hedge .
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### **4. Bitcoin Halving Aftermath**
The April 2024 halving has historically preceded bull runs
