$BTC
As of April 21, 2025, Bitcoin (BTC) is trading around $87,450. Here's an overview of expert predictions for the upcoming week:
Short-Term Price Forecasts:
Binance projects a modest increase, with BTC potentially reaching $87,532 by April 28, 2025. Binance
CoinCodex offers a more optimistic outlook, anticipating BTC to rise to approximately $110,294 by April 26, 2025.
Coindcx suggests that if BTC maintains its current momentum and closes above $88,000, it could pave the way for a breakout rally, potentially closing the week near $92,000.
Market Sentiment and Technical Indicators:
Analysts have observed a bullish pennant formation on BTC's daily chart. If BTC breaks above the 200-day EMA near $90,000, it could target higher levels in the near term.
Potential Risks:
A significant event in the crypto space involves the imminent unlocking of 40 million Official Trump meme coins, valued at approximately $320 million. These tokens are likely to be sold quickly, sparking fears of a price drop due to dilution.
