You can check this Chart for your referrence we have weekly support around price 85k level if this level can hold or stay for 1 month we are surely Bullish for bitcoin.
As of April 26, 2025, Bitcoin (BTC) is trading at approximately $94,032 USD, reflecting a slight decrease of about 1.1% over the past 24 hours. Despite this minor dip, Bitcoin has experienced a notable upward trend, gaining nearly 10% over the past week and approaching the significant $95,000 resistance level.
Fundamental Analysis
The recent surge in Bitcoin's price is influenced by several factors:
Geopolitical Developments: A recent call between U.S. President Donald Trump and Chinese President Xi Jinping to discuss trade tariffs has positively impacted market sentiment, contributing to a rally in risk assets, including cryptocurrencies.
Institutional Interest: The Federal Reserve's rollback of certain regulations has made it easier for Wall Street institutions to engage with Bitcoin and other cryptocurrencies, potentially increasing institutional investment.
Forbes
Market Predictions: Notable figures like Robert Kiyosaki have set optimistic price targets for Bitcoin, with Kiyosaki predicting it could reach $180,000 to $200,000 by the end of 2025.
Binance
However, technical analysis indicates that Bitcoin is forming a bearish triangle pattern, suggesting potential resistance around the $95,000 mark. If the price fails to break through this resistance, it could lead to a short-term pullback.
In summary, while Bitcoin's current trajectory is upward, investors should remain cautious and monitor both technical indicators and geopolitical developments that could influence its price movement.
If you like my content Analysis Please follow me :) Thank you for support I'll be giving more daily updates on this page if I got more followers here By the way I started Crypto Trading since 2014 11 Year's now in this Trading Journey I would like to give more Idea's for you guys
As of April 26, 2025, Bitcoin (BTC) is trading at approximately $94,032 USD, reflecting a slight decrease of about 1.1% over the past 24 hours. Despite this minor dip, Bitcoin has experienced a notable upward trend, gaining nearly 10% over the past week and approaching the significant $95,000 resistance level.
Fundamental Analysis
The recent surge in Bitcoin's price is influenced by several factors:
Geopolitical Developments: A recent call between U.S. President Donald Trump and Chinese President Xi Jinping to discuss trade tariffs has positively impacted market sentiment, contributing to a rally in risk assets, including cryptocurrencies.
Institutional Interest: The Federal Reserve's rollback of certain regulations has made it easier for Wall Street institutions to engage with Bitcoin and other cryptocurrencies, potentially increasing institutional investment.
Forbes
Market Predictions: Notable figures like Robert Kiyosaki have set optimistic price targets for Bitcoin, with Kiyosaki predicting it could reach $180,000 to $200,000 by the end of 2025.
Binance
However, technical analysis indicates that Bitcoin is forming a bearish triangle pattern, suggesting potential resistance around the $95,000 mark. If the price fails to break through this resistance, it could lead to a short-term pullback.
In summary, while Bitcoin's current trajectory is upward, investors should remain cautious and monitor both technical indicators and geopolitical developments that could influence its price movement.
If you like my content Analysis Please follow me :) Thank you for support I'll be giving more daily updates on this page if I got more followers here By the way I started Crypto Trading since 2014 11 Year's now in this Trading Journey I would like to give more Idea's for you guys
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join Mining Website: digitalcrowd.biz
Join telegram: t.me/+vPbtgtLu70A3MmRl
Join telegram: t.me/+vPbtgtLu70A3MmRl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.