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Bitcoin BTC Reclaims $91,000 Amid Macro Uncertainty: Why is This Bullish?

by Sham
April 22, 2025
in Bitcoin, Crypto, Finance, Opinion
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Bitcoin BTC Reclaims $91,000 Amid Macro Uncertainty: Why is This Bullish?
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  • Bitcoin surged past $91,000, marking a two-week high as momentum builds and traders eye the $94K zone.
  • A weaker U.S. dollar and renewed ETF inflows are fueling optimism, with big names predicting BTC could hit $180K+.
  • Analysts say breaking above current resistance could spark further gains, especially with long-term holders tightening supply.

Bitcoin is back on the move. After a brief bout of uncertainty, the world’s top cryptocurrency has climbed to a fresh two-week high, clearing the $91,000 mark like it’s got something to prove.

NEW: Bitcoin $BTC just reclaimed $91,000, up $17,000 (23%) over the last 2 weeks 👀🚀 pic.twitter.com/HBN4WvQWt3

— BlockNews (@blocknewsdotcom) April 22, 2025

BTC Breaks Past $88.7K Resistance, Targets Higher

So, what’s actually happening here? BTC didn’t just inch upward—it surged. It broke clean through that $88,700 resistance and now, traders are eyeing that $90K to $94K zone with growing interest. At last glance, Bitcoin was floating around $91,245, up 3% from the intraday low and around 7% in the green for the week.

Market analyst Daan Crypto Trades chimed in, pointing out that BTC is bumping into its 200-day SMA near $89K. According to him, “a few percentage moves and you’ll break through all of them.” Sounds optimistic? Sure, but the charts might be backing him up.

Why’s Bitcoin Heating Up Right Now?

It’s not just vibes driving this rally—there’s a mix of macro and market-specific tailwinds. First off, the U.S. dollar has been looking a little tired lately, which tends to make Bitcoin look more appealing, especially for folks hedging against inflation.

Also, let’s not forget about ETFs. Bitcoin exchange-traded products in the U.S. have seen their biggest daily inflows since January 2025. That means institutional interest is picking up again, which usually isn’t a bad sign.

Even “Rich Dad, Poor Dad” author Robert Kiyosaki threw in his take, saying he sees BTC hitting $180K or even $200K by next year. Bold, but he’s not alone in thinking the ceiling’s still far off.

Momentum Meets Resistance—What’s Next?

Now that we’ve punched past $91K, the next challenge seems to be that tricky $92K to $94K zone. Some are calling it a make-or-break moment. Bitcoin’s dancing near the edge of the Kumo Cloud, a known resistance area according to analyst Titan of Crypto. If BTC closes above it? We might be looking at a clean shot to the Fair Value Gap around $92K.

Crypto Rover added to the chorus, noting that long-term holders are stacking sats. That kind of diamond hands behavior usually tightens supply, which could crank up the pressure on price in the coming weeks.

Bitcoin Btc Price Chart

Final Thoughts

Bitcoin’s latest move is more than just a number jump. It’s a signal that despite global market jitters, BTC might be carving out its own narrative—again. Whether this rally has legs or fizzles out will depend on how it handles the next resistance zones. But for now, bulls are back in the driver’s seat, and honestly? It feels like we’ve seen this movie before… and it didn’t end too badly.

Tags: BitcoincryptocurrencyDaan Crypto TradesinflationRobert Kiyosaki
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