$BTC $BTC 📈 BTC Market Recap — April 24, 2025
Bitcoin made a sharp move yesterday, tagging a local high near $94K before easing back to ~$92.4K. Classic volatility, nothing unexpected. We're still up ~27% over the past two weeks — a run driven more by macro optimism (read: institutional inflows + easing geopolitical tension) than retail euphoria.
Technically, price is holding within a clean bullish channel. A golden cross between the 21D and 50D SMAs just printed. Momentum’s in favor — but we’re not out of the woods.
Interesting signal? BTC flipped above short-term holder realized price (~$91K). That often precedes stronger conviction — or becomes a trap. Time will tell.
📌 Bottom line: structure remains bullish, but we’re nearing key resistance. This is where patience pays more than prediction.
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