$BTC

April 29, 2025, the price of Bitcoin (BTC) is trading at $94,177, down 0.74% compared to the previous close

. Intraday volatility shows a range of $94,173 to $95,444. High liquidity with a daily volume reaching $15.44 billion. Market sentiment turned negative after a $212 million sell order on Binance was canceled, triggering concerns of spoofing. Nevertheless, analysts at Standard Chartered estimate that BTC could break through $120,000 in the second quarter of 2025. On-chain data shows strong accumulation by whales. The push from ETF inflows supports short-term recovery. Technically, the relative strength index (RSI) is in neutral territory, opening up opportunities for consolidation before trend continuation

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