$BTC As of April 30, 2025, Bitcoin (BTC) is trading near the $95,000 mark, maintaining a stable position despite recent market fluctuations. Analysts note that BTC has broken through immediate resistance levels but is still facing challenges at key resistance points, indicating a cautious market sentiment .

The Bitcoin Rainbow Chart places BTC in the "Still Cheap" zone, suggesting that the current price range between $73,358 and $95,164 offers potential value for investors . However, recent reports indicate that Fidelity's Bitcoin ETF experienced a daily outflow of $6.2 million, reflecting a decrease in institutional investment .

Despite these mixed signals, the long-term outlook for Bitcoin remains optimistic. The establishment of the U.S. Strategic Bitcoin Reserve in March 2025, which includes approximately 200,000 BTC, underscores the growing institutional acceptance of Bitcoin as a reserve asset . Analysts suggest that while short-term volatility may persist, the overall trend for Bitcoin is positive, with potential for significant growth in the coming months.