$ETH Price Movement: Bitcoin has been volatile, recently surging to $93,000 on April 22 amid optimism regarding trade relations between the US and China, although it faced resistance in the $91,000-$92,000 range. As of April 23, it was trading around $91,713 after a 5% increase. Forecasts suggest a potential rise to $98,221 by April 24, with some analysts predicting a peak of $102,938 by the end of the month.Market Sentiment: Bulls are becoming increasingly optimistic, with $1.2 billion in call options on Deribit, indicating expectations that BTC will reach $100,000 in the second quarter of 2025. However, blockchain data shows a bearish forecast, with a decline in demand for 146,000 BTC over the past 30 days, which may indicate a possible correction.
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