📊 Bitcoin (BTC) and Its Dominance Analysis – April 2025

🔹 Current State of BTC

Currently, Bitcoin is trading around $94,000 USD, showing a slight correction from its recent high of $95,758 USD. The RSI on the 15-minute time frame is between 40 and 43, indicating a neutral zone with no clear signals of overbought or oversold.

🔹 BTC Dominance (BTC.D)

Bitcoin's dominance stands at 63.66%, showing a sustained upward trend. This increase suggests a market preference for BTC over altcoins, possibly due to the "unit bias," where investors perceive Bitcoin as a more solid investment compared to lower-priced altcoins.

🔹 Price Prediction

Analysts suggest that for BTC to surpass the barrier of $96,000 - $97,000 USD, it may require a correction of between $4,000 and $6,000 USD to consolidate a solid base before a new upward push.

🔹 Conclusion

The market shows an inclination towards Bitcoin, reflected in its growing dominance. However, it is essential to monitor potential corrections that could offer entry opportunities before a new bullish rally. #BTC $BTC