Technical analysis by digitalcrowdmining about Symbol BTC: Buy recommendation (4/25/2025)

Bitcoin looking bullish as of this moment will try to hit 100k level again.​As of April 25, 2025, Bitcoin (BTC) is exhibiting a bullish trend, trading at approximately $95,203. This marks a significant recovery from earlier in the month when prices dipped below $76,000, and it's approaching the 2025 peak of over $100,000. ​InvestopediaSeveral factors contribute to this positive momentum:​Macroeconomic Environment: The U.S. dollar has weakened, and gold prices have reached record highs, prompting investors to seek alternative assets like Bitcoin. ​New York PostInstitutional Interest: Organizations such as ARK Invest have reaffirmed their bullish long-term outlooks for Bitcoin, with projections ranging from $300,000 to $1.5 million by 2030. ​InvestopediaRegulatory Developments: Recent federal guidance has reduced oversight for banks offering crypto services, enhancing confidence in the cryptocurrency sector. ​InvestopediaHowever, caution is advised. Market indicators suggest that Bitcoin may be approaching overheated conditions. Metrics like the Net Unrealized Profit/Loss (NUPL) and Market Value to Realized Value (MVRV) are nearing levels that historically precede corrections. ​Crypto TrackerIn summary, while Bitcoin's current trajectory appears bullish, investors should remain vigilant of potential market corrections.