$BTC

As of April 22, 2025, Bitcoin (BTC) is trading around $86,936, rebounding from a recent dip below $77,000. This recovery comes amid global market uncertainty and pre-election economic concerns. Despite the uptick, technical indicators suggest caution—BTC is nearing a "death cross," where the 50-day moving average dips below the 200-day, a historically bearish signal. Trading volume has declined, but the market appears more resilient than in past downturns. On the macro side, the U.S. has launched a Strategic Bitcoin Reserve, prompting mixed global reactions. While this may boost long-term confidence, it also raises regulatory concerns. Analysts are divided on BTC's future: some predict a rally toward $200,000 by year-end, driven by ETF flows and the recent halving, while others expect volatility due to shifting policies and sentiment. Overall, Bitcoin shows strength but remains susceptible to technical and economic pressures. Investors should watch key indicators closely.