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Bitcoin broke the bearish trend with a surge towards $92,600, but who is behind the price momentum?

The surge in Bitcoin during the Easter weekend marks a shift in market sentiment, as institutional players are making moves. Will it last?



Market Analysis

The price of Bitcoin (BTC) skyrocketed during the Easter weekend, rising by 9% and crossing the threshold of $91,000 on April 22. This strong performance diverged sharply from the lukewarm rebound of the stock market and reflected the bullish behavior of gold, which briefly reached a new all-time high of $3,500.

While the BTC surge and its growing decoupling from stocks are noteworthy, it is the derivatives market that offers an even more bullish signal.