Bitcoin continues to demonstrate strength, surpassing the $88,000 mark again after a slight correction in early April. At the time of publication (April 22, 2025, 15:07 EEST), the price remains steadily near this level.
What drives Bitcoin up?
* Insatiable appetite of institutions: Major players continue to actively invest in Bitcoin. Reports of new significant purchases from public companies such as MicroStrategy and Metaplanet are emerging.
* The power of ETFs: The ongoing inflow of funds into spot Bitcoin ETFs in the US remains a strong price support factor.
* Weak dollar - strong Bitcoin: The weakening of the US dollar also positively affects the value of cryptocurrency.
* Anniversary of the halving: The recent annual halving event (April 20, 2024) reignites discussions about potential supply shortages and further price increases. Some analysts predict reaching the $90,000 mark soon.
* Technical triumph: Technical analysts note the confident breakout of Bitcoin from key resistance levels, which may signal the continuation of an upward trend.
* Ambitious forecasts: Predictions regarding Bitcoin's price by the end of 2025 range from $91,000 to $250,000 and higher, depending on the expert and the analysis methods used.
Interesting facts:
* About 3% of the total Bitcoin issuance is controlled by public companies that have placed it on their balance sheets.
* Investment guru Robert Kiyosaki ("Rich Dad, Poor Dad") once again confirmed his forecast of a Bitcoin price of $1 million by 2035.
* In Switzerland, the Spar supermarket chain has started accepting Bitcoin as payment.
Be vigilant! The cryptocurrency market is known for its volatility. No news or analysis can guarantee the future price of Bitcoin. Always conduct your own research before making any investment decisions.
