Bitcoin Market Analysis – Thursday, April 24, 2025

1. Current Price:

Bitcoin has dropped to $92,600 after reaching a peak of $94,000. The movement reflects profit-taking after a strong rise in recent days.

2. Market Capitalization and Trading Volume:

The market capitalization of Bitcoin is at $1.83 trillion, while the daily trading volume has decreased to $37.5 billion, indicating a temporary calm period before an upcoming movement.

3. Support and Resistance:

• Expected Support: $89,000

• Strong Resistance: $94,000 – $95,000

Analysts expect a bullish rebound from the current support levels if buying momentum is maintained.

4. Investor Confidence:

Money inflows into Bitcoin exchange-traded funds have increased to over $900 million in 24 hours, which is a positive sign of the return of institutional liquidity.

5. Forecasts:

Optimistic forecasts remain for a price exceeding $100,000 during the third quarter of 2025, with some major investors discussing targets reaching $180,000 – $200,000 by the end of the year.

⸻

Tip of the Day:

“Correction periods do not mean permanent decline. The market needs a breath to rise again. Keep an eye on the supports, and learn when to enter.