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$BTC At the end of April 2025, the price of Bitcoin ranges between $93,000 and $95,000, up 25% from its April low of $76,000. This increase is driven by investor optimism following President Trump's statements regarding tariff reductions and strengthening the independence of the Federal Reserve, which has restored confidence in financial markets.
Technically, Bitcoin has surpassed the 200-day moving average, indicating strong upward momentum. However, trading volumes remain low, reflecting caution among investors.
Analyst Jeff Kendrick expects the price of Bitcoin to reach $120,000 in the second quarter of 2025, driven by a strategic shift among investors towards Bitcoin as a safe haven amid economic uncertainty.
CEO of BlackRock Larry Fink has warned that the US dollar may lose its status as the world's reserve currency due to rising debt, suggesting that Bitcoin could be an alternative.
Finally, it seems that Bitcoin is benefiting from institutional support and favorable government policies, enhancing its position as a reliable investment asset. However, investors should exercise caution and monitor economic and political developments that may impact the market.