Bitcoin ($BTC) Crypto Forecast: Up 5.1% Today

What is Bitcoin?

Bitcoin (BTC) is the first and most well-known cryptocurrency, often considered a benchmark for the crypto market. Today, BTC experienced a strong bullish movement.

Why is Bitcoin going up?

BTC crypto is up 5.1% on Apr 23, 2025 13:17

• BTC price surged above $94,000, with a 9.75% rally this week, fueled by easing trade war fears after recent comments on China.
• The resurgence of $74M in decade-old dormant Bitcoin wallets coming to life may have sparked renewed interest and investment in BTC.
• Positive sentiment from influential figures maintaining a steady Bitcoin strategy despite recent events could have contributed to BTC's bullish momentum.

BTC Price Chart

BTC Technical Analysis

BTC News

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Here’s What XRP Has to Do to Challenge $3 Again: Ripple Price Analysis

https://cryptopotato.com/heres-what-xrp-has-to-do-to-challenge-3-again-ripple-price-analysis/

Musk Pledges Tesla Comeback, Keeps Bitcoin Strategy Steady Despite Q1 Miss

Musk Pledges Tesla Comeback, Keeps Bitcoin Strategy Steady Despite Q1 Miss

https://ecoinimist.com/2025/04/23/musk-pledges-to-step-back-from-doge/?utm_source=rss&utm_medium=rss&utm_campaign=musk-pledges-to-step-back-from-doge

Bitcoin (BTC) Price Under $100,000 Is Cheap: Adam Back

Bitcoin (BTC) Price Under $100,000 Is Cheap: Adam Back

https://u.today/bitcoin-btc-price-under-100000-is-cheap-adam-back

Bitcoin Price Forecast: BTC bullish momentum builds as premium exceeds 9% for first time in three months

Bitcoin price (BTC) is extending its gains, trading above $94,000 at the time of writing on Wednesday, following a two-day rally of 9.75% so far this week. BTC rally gathers momentum as trade war fears ease, following US President Donald Trump’s downplaying of tensions with China.

https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-forecast-btc-bullish-momentum-builds-as-premium-exceeds-9-for-first-time-in-three-months-202504231128

Skeleton Keys Turn: $74M in Decade-Old Sleeping Bitcoin Wallets Spring to Life

Skeleton Keys Turn: $74M in Decade-Old Sleeping Bitcoin Wallets Spring to Life

https://news.bitcoin.com/skeleton-keys-turn-74m-in-decade-old-sleeping-bitcoin-wallets-spring-to-life/

Trending Today

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Bitcoin Price History

23.03.2025 - BTC Crypto was up 5.5%

• A bullish prediction for another asset in 2025 did not deter investors from Bitcoin, which saw a strong surge today.
• The short liquidation cascade triggered by Bitcoin's rapid price increase over $94K likely contributed to the bullish momentum.
• The significant inflow of $912.7M into Bitcoin ETFs, the largest since January, signaled growing institutional interest in the cryptocurrency.
• Robinhood's stock (HOOD) climbing alongside Bitcoin's rally indicates a positive correlation between the two assets, with both recovering from previous lows.

23.03.2025 - BTC Crypto was up 5.7%

• Bitcoin's bullish movement is linked to the premium surpassing 9% for the first time in three months, signaling strong investor confidence.
• The re-awakening of $74M in decade-old dormant Bitcoin wallets could have reignited interest and investment in the cryptocurrency.
• Increasing retail interest and Google search volumes for Bitcoin and Ethereum point to a rise in mainstream adoption and curiosity within the digital asset space.
• Analysts foresee an imminent "Alt Season" as Bitcoin nears $95K, potentially driving optimism and drawing more traders to the cryptocurrency market.

23.03.2025 - BTC Crypto was up 5.8%

• Today's bullish movement in Bitcoin is a result of positive market sentiment and increasing investor interest in the cryptocurrency.
• Surpassing the $94K mark and nearing $100K indicates strong buying pressure and a potential continuation of the bullish trend.
• The notable open interest in Bitcoin futures point towards a rise in confidence and speculation within the market, further driving the upward movement.
• The recent easing of tensions between the US and China may have contributed to the surge in Bitcoin's price, as geopolitical factors can positively impact the market sentiment for cryptocurrencies.

23.03.2025 - BTC Crypto was up 5.8%

• The bullish movement in BTC today can be attributed to a significant number of short positions being liquidated, amounting to over $560 million. This short squeeze likely fueled buying pressure and drove the price up.
• Despite the market turbulence and liquidations, Tesla's decision to hold onto its Bitcoin holdings amidst a slump in its own stock price and Q1 earnings may have provided some stability and confidence in the cryptocurrency.
• The speculation around Bitcoin potentially hitting $100K this week could have also contributed to the positive momentum as traders and investors aim for new price targets.
• Cathie Wood's prediction of $1.5M per Bitcoin, despite facing losses, showcases the diverse range of opinions and forecasts in the cryptocurrency space, adding to the overall market narrative and intrigue.

23.03.2025 - BTC Crypto was up 5.7%

• Bitcoin's price surged by $120 billion in a day, approaching the $100k mark, indicating strong investor interest and bullish sentiment in the market.
• The easing of US-China relations contributed to the crypto market frenzy, with BTC benefiting from the positive market environment.
• Arthur Hayes' prediction of a $200k Bitcoin price fueled by treasury buybacks likely added to the optimism and buying pressure on BTC.
• Despite the bullish momentum, there are concerns about potential obstacles that could hinder Bitcoin bulls from reaching the $100k target, highlighting the market's cautious optimism.

23.03.2025 - BTC Crypto was up 5.6%

• Exchange buying returning and the dismantling of a $90K sell wall suggest increased bullish sentiment and buying pressure in the market.
• The alignment of MACD and moving averages in a bullish formation indicates technical indicators supporting the upward price movement of Bitcoin.
• The breakout of Cardano (ADA) and its attempt to reach $0.80 resistance may be contributing to positive market sentiment and potentially boosting Bitcoin's price as well.
• The weakening Bitcoin dominance and the surge of top altcoins could be attracting more investors to the cryptocurrency market, including Bitcoin, driving its price higher.

23.03.2025 - BTC Crypto was up 5.1%

• BTC price surged above $94,000, with a 9.75% rally this week, fueled by easing trade war fears after recent comments on China.
• The resurgence of $74M in decade-old dormant Bitcoin wallets coming to life may have sparked renewed interest and investment in BTC.
• Positive sentiment from influential figures maintaining a steady Bitcoin strategy despite recent events could have contributed to BTC's bullish momentum.

23.03.2025 - BTC Crypto was up 5.8%

• Tesla's decision to hold onto its Bitcoin despite a slump in its stock price and Q1 earnings may have provided a vote of confidence in Bitcoin, contributing to its bullish movement.
• Speculation around Bitcoin potentially reaching $100K this week might have fueled investor optimism and buying pressure, driving the price higher.
• Bitcoin surpassing Alphabet in valuation to rank fifth among global assets showcases the growing mainstream acceptance and adoption of cryptocurrencies, attracting more investors to the market.
• The significant increase in Bitcoin spot volume and the influx of $912 million into Bitcoin ETFs indicate a renewed interest and positive sentiment from investors, leading to a surge in demand and driving the price of Bitcoin upwards.

23.03.2025 - BTC Crypto was up 6.4%

• A 28% daily increase in SUI may have positively impacted market sentiment and boosted confidence in the cryptocurrency market, including BTC.
• Public statements made by Peter Brandt expressing optimism about BTC could have influenced other market participants, leading to increased demand for the digital asset.
• The introduction of a new Bitcoin investment option by Cantor, SoftBank, and Tether may have attracted institutional investors, contributing to the rise in BTC's value.
• BTC's price surge, fueled by investors seeking secure assets during economic uncertainty, may have further supported the positive momentum in BTC today.

23.03.2025 - BTC Crypto was up 5.9%

• Bitcoin's price surged above $91,000, with spot volume nearly tripling, indicating strong bullish momentum.
• The significant inflows of $912 million into Bitcoin ETFs suggest a renewed investor confidence in the cryptocurrency.
• The disappearance of resistance at $90,000, attributed to a whale known as "Spoofy the Whale," contributed to the bullish movement.
• The overall positive market sentiment and Bitcoin's price recovery above $90,000 led to a 28% daily increase in SUI, reflecting the impact of Bitcoin's price movements on other cryptocurrencies.

23.03.2025 - BTC Crypto was up 5.7%

• Bitcoin experienced a strong bullish movement today, likely fueled by several factors:
• The significant $912.7 million inflow into Bitcoin ETFs, the largest since January, indicating growing institutional interest in the cryptocurrency.
• Robinhood's stock (HOOD) climbing alongside Bitcoin's rally, showing a positive correlation between the two assets.
• The milestone of Satoshi Nakamoto's Bitcoin holdings reaching $100 billion, adding to the positive sentiment around the cryptocurrency.
• Tesla's announcement of its Bitcoin holdings surpassing $1 billion again may have also contributed to the overall bullish sentiment in the market.

23.03.2025 - BTC Crypto was up 5.4%

• The warning of a potential price crash for Bitcoin and Dogecoin may have initially caused some uncertainty in the market.
• However, an optimistic outlook on Bitcoin for the next 12 months, citing the need for a weaker dollar to service debt, likely reassured investors and contributed to the bullish momentum.
• The news of XRP gaining institutional traction and the prediction of a major breakout against Bitcoin could have further fueled positive sentiment towards cryptocurrencies in general, including Bitcoin.
• Additionally, the return of exchange buying and the dismantling of a significant sell wall at $90K might have provided further confidence in Bitcoin's upward trajectory, leading to today's bullish movement.