BREAKING
290d 9h ago

Bitcoin Set to Soar as Analysts Predict $95,000 and $100,000 Targets Amid Growing Optimism

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On April 25th, *COINOTAG News* reported insights from a Bitfinex analyst regarding the current state of the Bitcoin market. Following the recent options expiration, a subtle yet *notable optimism* has emerged among traders. Although the potential for price fluctuations remains, there is a growing consensus that Bitcoin may advance towards *elevated price points* in the second quarter of 2025. The analyst observed that the breach of the *$90,000 strike price cluster* has considerably reduced the resistance implied by options trading. Furthermore, there is a marked shift in focus among traders, with increasing open interest seen for call options at *$95,000 and $100,000*. This trend is particularly evident for contracts set to expire at the end of April and in May. Additionally, the analyst highlighted that a surge in inflows into a *spot Bitcoin ETF* this week could significantly bolster Bitcoin’s potential to maintain levels above the *$90,000 mark*.

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