Bitcoin (BTC)
Current price: $95,010, up 0.6% from yesterday.
š Market trends
BTC continues to maintain above the important support level of $93,500, indicating that the upward trend is still being reinforced.
Trading volume remains stable, reflecting ongoing interest from investors.
š Whale activity
The number of wallets holding over 1,000 BTC has risen to the highest level in 4 months, with more than 60 new wallets appearing since the beginning of March.
Several large institutions have announced plans to buy additional BTC using funds from other investments, indicating long-term confidence in this asset.
š Market sentiment
The "Fear & Greed" index reached 60, shifting from "Neutral" to "Greed," reflecting increased optimism in the short term.
š® Price prediction for April 30, 2025
Bullish scenario: BTC could reach $98,500, which is an increase of 3.7%.
Bearish scenario: BTC could drop to $91,000, a decrease of 4.2%.
š§ Technical analysis
RSI: At 53.2, indicating that the market is in a neutral state.
MACD: Currently giving buy signals, supporting the current upward trend.
Support: $93,500, $90,000
Resistance: $95,500, $100,000
ā Conclusion
Bitcoin remains in a stable upward trend, supported by active participation from large investors and optimistic market sentiment. However, it is important to monitor technical indicators to identify early signals for short-term corrections. Maintaining above the support level of $93,500 is a key factor for continuing the upward momentum in the coming days.