#BTCvsMarkets #BTCvsMarkets – April 2025 Update

Bitcoin (BTC) is currently trading around $92,759, showing a strong 25% rebound from its April lows. This surge is largely driven by increased investor optimism following U.S. President Trump's hints at easing tariffs on China and his reassurance regarding the Federal Reserve’s leadership. These developments have boosted market confidence, positively impacting Bitcoin and broader financial markets.

Technically, BTC has broken out of a four-month falling wedge and climbed above its 200-day moving average, with the RSI crossing 50—signaling bullish momentum. Key resistance lies at the $100,000 level, while support is around $85,000.

Looking ahead, analysts forecast that Bitcoin could reach $116,731 soon, with a potential year-end high near $169,000. This outlook is supported by growing institutional interest and more favorable regulatory conditions. However, the low trading volumes suggest that some investors remain cautious due to lingering economic uncertainties.

Overall, Bitcoin is showing resilience and renewed strength, positioning itself for a potentially bullish run if key resistance levels are broken.