Sure! Here is an explanation of the current state of Bitcoin ($BTC) in English:
• Current Bitcoin price: approximately $90,222 (as of April 22, 2025).
• Price change: increased by about 3.4% from the previous day.
• Highest price during the day: approximately $90,272.
• Lowest price during the day: approximately $86,639.
What is happening in the market right now?
• Bitcoin is experiencing a strong increase these days, especially during trading hours in the American market.
• Some analysts believe that Bitcoin may face strong resistance at the $90,000 level, as there are many sell orders (liquidity) at this level.
Why is Bitcoin rising now?
• Due to strong demand from investors, especially large institutions.
• For example, MicroStrategy recently purchased 6,556 Bitcoins worth approximately $555.8 million, bringing its total holdings to 538,200 Bitcoins.
• Additionally, there are massive financial flows towards Bitcoin-linked ETFs.
General economic situation:
• Global markets are experiencing significant volatility.
• The U.S. stock market is in decline, and the U.S. dollar is losing strength.
• Despite Bitcoin's volatility, it remains at levels much higher than previous years (having reached over $109,000 before dropping to around $87,000).