$BTC

📊🔥Projections for this week:🔥

📌 According to Cryptopredictions, Bitcoin is expected to fluctuate between $65,610 and $96,486 during April, with an estimated monthly closing at $84,590. 

📌 The MEXC platform projects an average price of $88,255 for this week, based on an annual growth rate of 5%. 

💧Institutional purchases:

A report from EY indicates that 83% of institutional investors plan to increase their allocations in cryptocurrencies during 2025, highlighting interest in stablecoins, tokenized assets, and DeFi projects. 

💧Breakout of the downward trendline:

The breakout of the downward trendline is generally considered a positive signal, indicating a possible trend change towards a bullish market. However, it is important to consider other technical and fundamental factors before making investment decisions.

🤔In summary, Bitcoin shows signs of strength backed by institutional interest and favorable macroeconomic factors. Nevertheless, it is always advisable to conduct a detailed analysis and consider the inherent volatility of the cryptocurrency market before making investment decisions.