BTC Forecast – Week of April 24 to 30, 2025
Bitcoin has surpassed $93,000 USD, reaching a high of $94,147 today. This momentum is due to a combination of factors:
Pro-crypto policy of Trump: The president signed an executive order to establish a Strategic Bitcoin Reserve, positioning the U.S. as a leader in digital assets. The White House
Signs of trade peace with China: Trump indicated possible tariff reductions, which has improved confidence in the markets. Investopedia
Institutional entry: Large investors are accumulating BTC, driving the price.
Technical analysis
Key support: $85,000
The Guardian
Immediate resistance: $100,000
Bullish target: $107,000 if resistance is surpassed.
Investopedia
+1
FX Leaders
+1
RSI: Above 50, indicating positive momentum.
😂 Market memes
"BTC rising while everyone expected a correction"
"Me watching BTC close to 100k without having bought at 63k"
"Confused trader: buy or sell?"
📌 Conclusion
Market sentiment is optimistic, but volatility remains present. It is crucial to manage risk and stay informed.
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