$BTC
:
---
$BTC Update – April 2025
Bitcoin is holding strong above $70,000 as bullish momentum continues into Q2 2025. After a brief correction in March, $BTC has rebounded sharply, supported by rising institutional demand and favorable macroeconomic trends. The anticipation of interest rate cuts by the Fed and ongoing global inflation fears are pushing more capital into crypto.
Recent spot Bitcoin ETF approvals in South Korea and renewed interest from sovereign wealth funds have added fresh buying pressure. On-chain metrics show declining exchange balances and increasing wallet accumulation—both bullish signals for long-term growth.
Meanwhile, Bitcoin’s dominance is climbing again, signaling renewed investor confidence in the original cryptocurrency amid broader altcoin market volatility. Analysts are eyeing the $73K-$75K range as the next major resistance.
With the halving just a few months behind, supply shock effects may begin to surface soon. Bitcoin's fundamentals remain strong—volatility persists, but sentiment is increasingly optimistic.
---
