Bitcoin (BTC) Price Analysis: Outlook for April 2025
Bitcoin (BTC) Analysis Indicates Bullish Trends
As April approaches, traders are closely watching whether Bitcoin can maintain its current momentum or face another round of volatility. The leading crypto trades at $87,208, noting a 10% uptick in the past two weeks. With broader market recovery underway, BTC demand could strengthen in April, and its price could steadily recover and potentially retest the $90,000–$95,000 range.
Bitcoin's Market Bottom? Analyst Insights
Bitcoin (BTC) kicked off March with strong bullish momentum, surging to a high of $96,484 by March 2. However, as market sentiment took a bearish turn, profit-taking intensified, dragging the leading coin down to a four-month low of $76,642 on March 11. Since then, Bitcoin has staged a recovery fueled by a broader market rebound and renewed demand.
- Current Price: $87,208
- Price High (March 2): $96,484
- Price Low (March 11): $76,642
The coin now trades within an ascending parallel channel, a pattern that signals a gradual surge in BTC's price as buying momentum intensifies. In an exclusive interview with BeInCrypto, Julio Moreno, Head of Research at CryptoQuant, confirmed this bullish outlook.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.