Recently, Bitcoin (BTC) has shown a strong upward trend.

On April 22, after a long period of consolidation, Bitcoin broke through the 92,000 point mark, closing the day with a strong bullish candle. On April 23, the upward momentum continued, further breaking through the 92,000 point level, demonstrating robust bullish energy. From a technical indicator perspective, according to the analysis from Investing.com on April 22, several indicators are showing buy signals, such as the Relative Strength Index (RSI) at 51.168, which is neutral, the Stochastic Indicator (STOCH) at 71.454, and the Moving Average Convergence Divergence (MACD) at 0, all indicating buy signals.

Previously, Bitcoin broke above 90,000 USD for the first time since early March, rebounding nearly 23% from the low on April 7, to some extent decoupling from the trend of moving in sync with U.S. tech stocks, and its trading performance is beginning to resemble that of gold. Amid uncertainties regarding tariffs that are disturbing the market, it has become one of the safe-haven assets.

However, there are also some uncertainties in the market. Although the current situation is favorable, the cryptocurrency market as a whole is highly volatile and uncertain, and a correction may occur at any time. While investors are paying attention to the rising trend of Bitcoin, they also need to closely monitor market dynamics and manage risk effectively.