Amid global economic instability, Bitcoin is once again in the spotlight. As of April 21, 2025, BTC is trading around $87,287, showing a 2.56% increase over the day. Investors are wondering: is this the start of a new rally or just a temporary spike?
Key factors influencing the market:
The halving is already behind us — historically, this event serves as a catalyst for growth in the months following it.
The Fed's monetary policy — expectations of interest rate cuts may boost interest in risk assets, including cryptocurrencies.
Institutional investments — for example, the Japanese company Metaplanet acquired 330 BTC for $28.2 million at an average price of $85,605.
Geopolitical instability increases demand for 'digital gold', especially in countries with devaluation and inflation.
Technical picture:
The current price is approaching key resistance at $88,000. A breakout above may pave the way for new highs.
During a pullback, important support levels are at $80,400, $74,000, and $65,000.
The market remains volatile, with sharp movements possible in both directions.
Bitcoin shows confident attempts at growth against a backdrop of favorable fundamental factors. However, investors should remain cautious, manage risks, and be prepared for market fluctuations. Watch the $88K level — it could become a turning point.
