#BTCRebound j

#BTCRebound Bitcoin recovers $87,000: What drives this rebound and what is its next target?

Bitcoin has shone again by surpassing $87,000 on April 21, 2025, after consolidating around $84,000 during the week. This bullish momentum is driven by several key factors. First, institutional inflows, led by ETFs like BlackRock’s IBIT, have injected millions into the market, with 14,000 BTC leaving exchanges, a sign of accumulation by large investors. Additionally, technical indicators such as the MACD and ascending triangles reflect strong bullish support. Trump's re-election and his pro-crypto stance, along with expectations of a favorable regulatory environment, have fueled optimism.

However, volatility persists. The Fear & Greed index shows “fear” (37), and trading volume has decreased, which could limit short-term momentum. Despite this, analysts are optimistic: projections suggest that Bitcoin could soon reach $90,000-$92,000, with more ambitious targets of $150,000-$200,000 by the end of 2025, according to experts like Tom Lee and Anthony Scaramucci. If support at $83,500 holds, the path to a new all-time high seems viable. Will Bitcoin continue its upward trajectory?