$BTC Current Analysis of Bitcoin (April 29, 2025)

As of April 29, 2025, Bitcoin (BTC) is at a crucial moment, showing a strong upward trend and consolidating above the $94,000 USD mark (with variations depending on the exchange platform, hovering around €83,000 in Europe). This surge has generated renewed optimism in the market, with many analysts suggesting that Bitcoin could be on track to surpass $100,000 USD again in the short term.

Key Factors Driving the Price:

* Sustained Inflows into Spot Bitcoin ETFs: Bitcoin ETFs in the United States continue to record positive net inflows for several consecutive weeks, indicating growing institutional demand and greater integration of Bitcoin into traditional financial markets.

* Bullish Market Sentiment: The overall market sentiment appears to be strongly bullish, driven by the narrative of Bitcoin as a digital reserve asset and a hedge against inflation.

* Potential "Synthetic Halving" by MicroStrategy: Some analysts suggest that MicroStrategy's ongoing investment strategy in Bitcoin could be acting as a "synthetic halving," reducing the available supply in the market.

* Resilience in an Uncertain Macroeconomic Context: At a time when traditional markets are experiencing some volatility due to the release of key macroeconomic data, Bitcoin has demonstrated resilience, reaffirming its role as an alternative asset.

* Bullish Outlooks from Analysts: Several analysts have raised their forecasts for Bitcoin in 2025, with some even suggesting significantly higher price targets, ranging from $130,000 - $140,000 USD to even $250,000 USD in more optimistic scenarios.

Key Levels to Monitor:

* Major Resistance: The $95,000 - $100,000 USD zone is considered an important psychological and technical resistance.