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

Bitcoin has shone again by surpassing $87,000 on April 21, 2025, after consolidating near $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 like the MACD and ascending triangles reflect strong bullish support. Trump's reelection and his pro-crypto stance, along with the expectation 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 reach $90,000-$92,000 soon, with more ambitious targets of $150,000-$200,000 by the end of 2025, according to experts like Tom Lee and Anthony Scaramucci. If the support at $83,500 holds, the path to a new all-time high seems viable. Will Bitcoin continue its bullish path?