Bitcoin Shows Signs of Strength!💪

Bitcoin rallies past $90,000, is this the start of the recovery?

Apr 22, 2025

Hey Thinkers 💡

Bitcoin officially smashed through the $90,000 level today — a huge milestone after months of downward price action and sideways consolidation.

Even more importantly, BTC has now decisively moved above its 200-day moving average — a major technical signal that historically precedes parabolic price action during bull markets.

📉 In past cycles, we’ve seen:

✅ Above 200 MA = Bull Continuation
❌ Below 200 MA = Trend Uncertainty

BTC’s RSI also shows there is room for upside before it hits the overbought zone. But don’t get too comfortable just yet. Corrections and retests are always on the table. Remember last summer’s pullback during the Japanese Yen carry trade crisis? We could see similar short-term dips. But overall, the momentum is clearly shifting.

📊 On the weekly chart, the MACD shows bears are losing steam, and we’re nearing a bullish crossover — just like we saw in Q4 2024 before the last leg up.

🧠 Smart Money Still Accumulating — Bitcoin Whales Know

The signs have been there.
Data from Santiment confirms that wallets holding 10+ BTC continue to climb — whale accumulation has been relentless.

Add to that:

📈 Bitcoin Dominance is Rising, NOT crashing (as it usually does during altcoin peaks). That suggests room to grow before altseason kicks in.
🌎 Global Liquidity is surging, and Bitcoin has historically followed that trend.
💵 The U.S. Dollar Index (DXY) is falling to new lows, making risk assets — especially BTC — more attractive.

The writing is on the wall. Bitcoin’s fundamentals, macro environment, and technicals are aligning.

Recent Crypto News

New pro crypto SEC Chair Paul Atkins was sworn into office yesterday. Expect to see a lot more crypto activity to happen at the SEC with Paul in office
Deutsche Bank and Standard Chartered Bank seek to expand crypto operations in the United States.
Circle, the firm behind the $60 billion USDC stablecoin, is launching a new payments and cross border remittance network. “Circle is launching a payments network that is initially targeting remittances but is ultimately aiming to rival Mastercard and Visa," said a person familiar with the plans.
Coinbase, Circle, BitGo, Paxos and other crypto firms plan to apply for bank charters or licenses per the WSJ
Charles Schwab CEO says spot crypto trading will 'likely' launch within 12 months

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