#BTCRebound
On Monday, April 21, 2025, Bitcoin (BTC) experienced a notable rise, surpassing a price of $87,000, marking its highest level since late March.
📈 Current Bitcoin Price
As of 3:29 PM Beirut time, Bitcoin is trading at $87,300, an increase of 2.95% from the previous day.
🔍 Factors Influencing Price Increase
• Important Technical Break: The first trend breakout of 2025 has been confirmed, indicating a potential shift towards a new bullish trend .
• Institutional Flows: Bitcoin exchange-traded funds have seen positive inflows, reflecting renewed interest from institutional investors .
• Political Support: The state of Texas is discussing a bill to create a strategic reserve of Bitcoin valued at $500 million, boosting confidence in the currency . 
• Global Economic Influences: The US dollar has weakened amid trade tensions between the United States and China, making Bitcoin an attractive option as a safe haven .
📊 Technical Outlook
Analyses suggest that Bitcoin may target a range between $90,000 and $92,000 if the upward momentum continues $BTC