#ArizonaBTCReserve
Bitcoin (BTC) Price Analysis – April 30, 2025
Market Snapshot
Current Price: ~$95,500
24h Range: $93,850 – $95,800
Market Cap: $1.85T | Dominance: 52%
Bitcoin maintains bullish momentum, supported by institutional demand and macroeconomic uncertainty.
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Technical Overview
Support Levels:
$93,000 (critical, recently breached)
$90,000 (strong psychological/technical floor)
Resistance Levels:
$96,000 (key breakout level)
$100,000 (major barrier)
Indicators:
RSI: 71 (daily, overbought); 38 (4h, oversold dip)
MACD: Bullish (daily), bearish (short-term)
MAs: 50-day at $91,700; 200-day at $85,300
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Market Drivers
Institutional Inflows: $970M daily into spot ETFs; BlackRock’s IBIT hits $54B AUM
Regulatory Shift: Arizona moves to allocate state funds to BTC
Macro Support: Weak labor data & inflation concerns boost BTC’s hedge appeal
On-Chain: Active coin supply surging; NUPL at 0.45 (profit-taking)
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Outlook & Scenarios
Bullish Case: Close above $96K could spark a move to $100K
Bearish Risk: Drop below $93K opens door to $90K retest
2025 Forecasts:
$120K–$138K (Q2–Q4 estimates from major analysts)
$200K possible by year-end with continued ETF momentum
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Key Risks
High RSI + Fear & Greed Index at 83 (extreme greed)
Fed policy (next decision: June 18) may impact short-term price
Regulatory uncertainties remain
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Conclusion
Bitcoin remains in a bullish uptrend fueled by institutional flows and macro tailwinds. However, overbought signals and volatility require careful risk management. Watch $96K for breakout, $93K for downside risk, and monitor Fed policy closely.
