Bitcoin (BTC) The price demonstrates updated strength, since it continues to promote higher due to resistance levels. The price action confirms the breakthrough scheme that reflects previous large rallies.
Bitcoin price is traded above 94,000 US dollars, which is supported by a strong purchase and growing institutional interest.
Bitcoin Price breaks key levels as volume and support structure.
The action at the price of Bitcoin has shown a series of higher minimums and higher maximums since the beginning of April. Trade volumes have grown steadily after each consolidation, which indicates the growing demand of both retail and institutional participants.
The collective line of the bull trend is visible with the support of about 94,200 US dollars in the hourly price diagram of the BTC. Data from TradingView confirm that Bitcoin remains higher than his 100-hour simple sliding average, demonstrating clear strength.
Analysts note that if Bitcoin cleanses the resistance zone in the amount of 95,500 US dollars, the next target can be $ 96,250, and then $ 97,500 and $ 98,800.
The hourly MACD was gaining momentum in the bull zone during the press. Moreover, the hourly RSI was higher than the level of 50. Short -term kickbacks remained small. Direct support was $ 94,200, and more strong support amounted to $ 93,500.
Institutional buyers add bitcoins, despite the short -term risks
The main buyers increased their bitcoin counts, which further supports the breakthrough. The strategy led by Michael Seilor announced the purchase of 15,355 BTC in April. The total cost amounted to 1.42 billion dollars. USA, average price $ 92,737 for Bitcoin.
Seilor confirmed X: “As of April 28, we purchased 553 555 BTC for about $ 37.90 billion. USA to 68,459 US dollars for Bitcoin. ” This step increased Bitcoin -Actions of the Strategy by 3%, which increased the total cost of its shares to more than 50 billion dollars.
$ Mstr acquired 15 355 BTC for ~ 1.42 billion dollars. The United States at a price of ~ 92,737 US dollars for Bitcoin and reached the return of BTC 13.7% in 2025. As of 27/27/2025, we acquired $ 553,555 for ~ 37.90 billion dollars. USA. https://t.co/5oos3udwlg
– Michael Seilor (@saylor) April 28, 2025
In accordance with the Strategy 8-K strategy, his return on Bitcoin is 13.7% from the beginning of the year. By 2025, the company seeks to achieve a 15% goal of the yield of bitcoins. Market observers note that the company’s shares are currently trading from $ 368.7, they can continue to benefit from Bitcoin’s impulse.
Short -term risks for the turn remain, but the quarterly bull structure prevails
There are some fears related to the FOMC collection planned on May 7, which caused some fears among some traders. The banking case of past indicators of the Bitcoin market, it is clear that prices have changed back near the FOMC dates.
This happened because of the changes in the mood of investors. This was explained by the famous analyst @astronomer_zero, who noted that the events of FOMC lead to local restoration, even on the upward trend.
Nevertheless, he emphasized that the current quarterly move is based on higher time frames. These time frames are usually more powerful than intestatic changes. He wrote: “The quarterly step is controlled by point, powerful and outweighs the short -term FOMC risks.”
$ BTC data analysis and our big long positions
Will BTC be in early May?
Well, the price of 95 thousand, which is slightly compared to our large long position, which we took now a few days ago (shown on the screen).
It seems like the world is against us … pic.twitter.com/ay9n6e8txk
– astronomer (@astronomer_zero) April 28, 2025
The market also sees stubborn point movements, with negative funding indicators and local kickbacks that create stronger bases for higher prices. The data show that sudden spotted shifts supported a constant increase in bitcoin pressure.
Mac: Bitcoin Price supports constant power
The macroeconomic environment additionally supports the growth of bitcoins at a higher level. The global expansion of the money supply M2, a growing institutional interest and the theory of deficiency forced more people to invest in an asset.
Colin talks about the crypto exchange: “The pump is confirmed by Global M2, the dominance of binding and the TA bitcooen price table.” Its analysis confirms the opinion that the price of bitcoins can reach new records in the coming months.
Jeff Kendrick from Standard Chartered also predicted that the price of bitcoins can amount to $ 120,000 in the second quarter. He added that he expects Bitcoin to reach $ 200,000 by the end of 2025 if the current trends continue.
Meanwhile, long -term holders delay the supply, refusing to sell, which increases pressure on affordable liquidity. With a large influx in ETF, associated with bitcoins and companies such as a strategy, continuing the aggressive accumulation, the bull case remains untouched.
Market participants closely monitor the resistance zone in the amount of $ 95,500. A successful breakthrough above this level can lead to a strong continuation of up to 98,800 dollars or more. Immediate support the price of bitcoins remains at the level of $ 94,200 and $ 93,500, softening any local repeated offers.
