On April 21, 2025, Bitcoin (BTC) surged to $87,400, marking its highest price since March 28, according to TradingView. This 3% jump from an intraday low of $84,000 on April 20 reflects a 16% recovery from its 2025 low of $75,000 on April 9. The rally coincides with a weakened US dollar, driven by President Trump’s push against Federal Reserve Chairman Jerome Powell, as reported by Bloomberg. Bitcoin’s price is now more correlated with gold, which hit a new all-time high, while decoupling from US markets, as noted on X. Analysts are optimistic, with Coinpedia projecting a potential 2025 high of $168,000, though resistance levels are under scrutiny. Bollinger Bands on related charts, like XRP’s, suggest a major price move may be imminent. However, recent volatility—stemming from Trump’s “Liberation Day” tariffs and institutional outflows from BTC ETFs—remains a concern. Posts on X highlight bullish sentiment, with some targeting $200,000, though economic uncertainty could temper gains. Bitcoin’s finite supply and growing whale accumulation, at its highest since April 2024, fuel confidence in a potential breakout, but market dynamics warrant caution.
# Step 1: Install the required library (you'd need to run this in your terminal first)
# pip install bitcoinlib
from bitcoinlib.wallets import Wallet
# Step 2: Create a new Bitcoin wallet
def create_btc_wallet():
# Create a wallet with a name (this will generate a new wallet)
wallet = Wallet.create("MyBTCWallet")
# Step 3: Get the wallet's main key (this contains the private and public keys)
key = wallet.get_key()
# Step 4: Extract the private key, public key, and Bitcoin address
private_key = key.wif # Wallet Import Format (WIF) for the private key
public_key = key.public_key
btc_address = key.address
# Step 5: Print the wallet details
print("Private Key (WIF):", private_key)
print("Public Key:", public_key)
print("Bitcoin Address:", btc_address)
return wallet
# Step 6: Run the function to create the wallet
if __name__ == "__main__":
btc_wallet = create_btc_wallet()