$BTC As of Wednesday, April 30, 2025, Bitcoin ($BTC) is trading around the $94,000 - $95,000 mark, showing some consolidation after a recent rally that took it to near two-month highs. Market sentiment appears cautiously optimistic, fueled by continued inflows into US spot Bitcoin ETFs and some positive corporate earnings reports.

However, there are also signs of caution in the derivatives market, with some indicators hinting at potential bearish sentiment. Despite this, institutional buying interest seems to be growing, which could provide support for further upward movement. Analysts have issued bullish predictions for the coming months, with some eyeing the $100,000 level and beyond, citing factors like institutional adoption and potential tariff reductions.

Overall, Bitcoin is currently in a dynamic phase, balancing recent gains with potential headwinds, while the broader market watches to see if it can break through key resistance levels.