**Bitcoin (BTC) Analysis – April 30, 2025**
**Price:** $94,930
**24h Range:** $93,883 – $95,444
**Market Cap:** ~$1.88 trillion
**24h Volume:** ~$26 billion
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**Technical Overview:**
- **Trend:** BTC is trading above its 50-day EMA, maintaining a strong bullish trend.
- **Resistance:** Immediate resistance at $95,150; a breakout could target $100,000.
- **Support:** Strong support around $91,600; holding this supports bullish continuation.
- **Indicators:** RSI shows near-overbought conditions, suggesting short-term consolidation possible.
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**Market Sentiment:**
- **Fear & Greed Index:** 60 – Greed.
- **Short-Term Forecast:** Mild upside expected; potential to touch $95,500–$96,000.
- **Long-Term Outlook:** Bullish projections toward $120,000 in Q2 and $200,000 by year-end, driven by institutional demand and macro trends.
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**Institutional Activity:**
- Some ETFs (e.g., Fidelity) saw outflows today, indicating slight caution, but overall demand remains solid from long-term investors.
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**Key Takeaway:**
Bitcoin remains in a bullish phase. Short-term pullbacks may occur, but the broader trend points upward. Watch the $95,150 level closely as a breakout point for the next rally.#AltcoinETFsPostponed $BTC
