#BTCRebound Bitcoin (BTC) has rebounded strongly, trading around $88,133 as of April 21, 2025, marking a 4.2% increase from the previous close.

This recovery follows a dip below $77,000 earlier in the month and is driven by several factors:

Weakening U.S. Dollar: President Trump's criticism of the Federal Reserve and discussions about replacing Fed Chair Jerome Powell have led to a decline in the dollar, prompting investors to seek alternative assets like Bitcoin and gold.

Institutional Investment: Companies like Japan's Metaplanet have increased their Bitcoin holdings, and U.S. spot Bitcoin ETFs have seen net inflows, indicating renewed institutional confidence.

Technical Indicators: Bitcoin has broken past the $85,000 resistance level, with analysts anticipating a potential rally towards the $90,000–$92,000 range. The formation of a "golden cross" further supports a bullish outlook.

Analysts caution that Bitcoin must break through the $88,800 resistance level to confirm a sustained bullish trend.