The world's renown digital asset Bitcoin (
BTC) surged nearly 4% today to reclaim the $90k resistant zone, amidst breaking out of a bullish symmetrical triangle pattern enroute to $100k.
Bitcoin for almost 1 month now has been swinging within the $80k price range, since losing it's $100k resistant in the month of February, 2025 but with increasing momentum a move to the $100k resistant doesn't seem far fetch because
BTC has already broken the ceiling of the symmetrical triangle.
With the 4-hours RSI at 79, we may experience a respite before the major leap to $100k price point. Notable firms like Micro strategy and Michael Saylor the CEO were integral in this price movement.
The company purchased 6,556
BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved
BTC Yield of 12.1% YTD 2025. As of 4/20/2025, Micro strategy holds 538,200
BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin.
Notably, financial bodies like Standard Chartered Bank says Bitcoin (
BTC) could reach a new all-time high due to concerns over the Federal Reserve's independence.
As of the time of writing,
BTC is up 3.70% currently trading at $90,715 per
BTC setting the coast for $100k resistant.
However, on bearish tone, should
BTC fail to pull up that stunt, a price correction might send
BTC back to
83K support.
Bitcoin for almost 1 month now has been swinging within the $80k price range, since losing it's $100k resistant in the month of February, 2025 but with increasing momentum a move to the $100k resistant doesn't seem far fetch because
With the 4-hours RSI at 79, we may experience a respite before the major leap to $100k price point. Notable firms like Micro strategy and Michael Saylor the CEO were integral in this price movement.
The company purchased 6,556
Notably, financial bodies like Standard Chartered Bank says Bitcoin (
As of the time of writing,
However, on bearish tone, should
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