#BTCRebound
As of April 21, 2025, Bitcoin (BTC) has experienced a significant surge, reaching $87,350. This increase is attributed to a weakening U.S. dollar, growing optimism surrounding a pause in the U.S.-China trade war, and heightened demand for decentralized assets amidst rising inflation and geopolitical risks. Analysts predict that Bitcoin may break the $100,000 mark this month, particularly bolstered by Binance's Token Generation Event (TGE) taking place on April 22 at 17:00 UTC, which is expected to enhance market liquidity.
The ongoing geopolitical tensions have notably influenced Bitcoin’s performance. Following China's imposition of 34% tariffs on U.S. goods, Bitcoin briefly dipped to $82,000 on April 4 but rebounded impressively to $88,400 by mid-April. This resilience demonstrates Bitcoin's capacity as a hedge against market instability. Increased investor interest during U.S.-China tensions has led to a 22.90% spike in trading volumes in early April, despite the inherent price volatility. Moreover, the decentralized nature of cryptocurrency has become particularly appealing to investors looking to mitigate risks associated with government policies and sanctions, as highlighted by JPMorgan's observations on the rise of "debasement trade" strategies.
Historically, Bitcoin has shown its strength as a non-correlated asset; for instance, on April 9, it fell by 3.85% to $62,500 but quickly recovered, reinforcing its role as a safe haven. Given these factors, many are now watching closely to see if Bitcoin will reach the anticipated $100,000 milestone within the week.
WOULD you think $BTC cound arrive 100.000$?