As of today, Tuesday, April 29, 2025, Bitcoin ($BTC ) is trading around $94,000 - $95,000 USD.

Short-term analysis suggests:

Bullish Momentum: Bitcoin has shown strong upward movement recently, breaking above the $90,000 level. Some analysts point to an ascending channel formation indicating continued bullish sentiment.
Resistance Levels: The $95,000 and potentially $100,000 levels are acting as significant resistance. Breaking through these could signal further upward potential.
Support Levels: Key support levels to watch are around $92,000 and $89,000, which could act as bounce-back points if there's a temporary pullback.
ETF Influence: Significant inflows into Bitcoin ETFs, particularly BlackRock's iShares Bitcoin Trust, suggest strong institutional demand, which can positively impact price.
Consolidation Possible: Some technical analysis indicates a potential consolidation phase in the short term as the price hovers below the $100,000 mark.

Overall: While short-term bullish momentum is present, the ability of Bitcoin to overcome the psychological $100,000 resistance remains a key factor to watch. Traders should be aware of potential volatility and monitor key support and resistance levels.

I may suggest right time to buy.

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