**Factors Behind the Price Increase to Date (April 24, 2025)**
The price of Bitcoin (BTC) continues to show bullish performance, with a significant increase in the past few days. On April 22, 2025, BTC even broke through the level of **$90,995.01** (up **+3.95% in 24 hours**), and the positive trend is still continuing. Here are the main factors that have driven the increase in the price of Bitcoin to date:
### **1. Weakening US Dollar (USD)**
- The Dollar Index (DXY) hit its lowest level in months after controversial comments from former US President Donald Trump urging the Federal Reserve (The Fed) to cut interest rates immediately.
- Looser monetary policy generally encourages investors to turn to alternative assets such as Bitcoin as a hedge against inflation.
### **2. Massive Inflows into Bitcoin ETFs**
- Bitcoin-based investment instruments, such as **iShares Bitcoin Trust (BlackRock)** and **FBTC (Fidelity)**, recorded inflows of **$300 million in just one day**.
- Institutional accumulation of Bitcoin exceeded new supply from miners, creating a supply-demand imbalance that pushed the price up.
### **3. Strong Technical Signals**
- Bitcoin is currently above the **20 & 50-day Moving Averages**, and the formation of the **"Golden Cross"** pattern (a short-term MA crossing over a long-term MA) indicates a potential for a continued rally towards **$92,000**.
- **The Crypto Fear & Greed Index** entered the **"Greed"** zone, indicating increasing market optimism.
### **4. Pro-Crypto Political & Regulatory Sentiment**
- The Trump administration's pro-crypto policies, including the planned replacement of the SEC chairman who is more supportive of digital assets, have boosted investor confidence.
- Potential regulatory changes in the US and the adoption of Bitcoin as a reserve of value by large institutions also drove positive sentiment.
### **5. Post-Correction Recovery & Macroeconomic Factors**
- Bitcoin was corrected in early April 2025, but managed to rebound strongly supported by high liquidity and recovery in market sentiment.
- Geopolitical tensions and global economic uncertainty have caused investors to turn to crypto assets as a safe haven.
### **What to Watch Out For?**
- **The Fed Speech**: Interest rate policy will impact short-term trends.
- **Trading Volume**: Stable flow of funds to Bitcoin ETFs is key to maintaining momentum.
- **Geopolitics**: US-China tensions or sudden regulatory changes could trigger volatility.
### **Future Price Forecast**
Analysts such as **Arthur Hayes (BitMEX)** and **Standard Chartered** predict Bitcoin could reach **$150,000–$200,000 by the end of 2025**, supported by institutional adoption and the impact of the 2024 Halving starting to be felt.
**🚀 Conclusion:**
Bitcoin’s recent rally is the result of a combination of macroeconomic factors, institutional demand, and positive sentiment. If the trend continues, **$100,000** could be the next target before the end of the year. Keep an eye on the market developments to make the right investment decisions!
