{"id":61377,"date":"2025-04-23T11:15:21","date_gmt":"2025-04-23T11:15:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=61377"},"modified":"2025-04-23T11:15:21","modified_gmt":"2025-04-23T11:15:21","slug":"is-bitcoin-btc-poised-for-a-new-ath-after-surging-past-94k-analysts-weigh-in","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=61377","title":{"rendered":"Is Bitcoin (BTC) Poised for a New ATH After Surging Past $94K? (Analysts Weigh in)"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

BTC climbed above $94,000, fueled by trade war de-escalation and other improving conditions.<\/span>
\nAnalysts predict further gains, with one foreseeing a cycle top of $180,000 at the end of 2025 or the beginning of 2026.<\/p>\n

<\/a><\/span><\/h2>\n

What Could be Next?<\/h2>\n

Bitcoin has been on the run lately, with its price <\/span>surging<\/span><\/a> past $90,000 on April 22. In the past 24 hours, the bulls remained in charge, and the valuation continued soaring to a seven-week high of $94,300. This represents a 22% increase on a two-week scale when it plunged below $75,000.
\n<\/span><\/p>\n

One factor that might have positively impacted BTC and the entire cryptocurrency market is the proposed de-escalation of the trade war between the USA and China. Several hours ago, US President Donald Trump <\/span>said<\/span><\/a> that high tariffs on goods from the Asian country will \u201ccome down substantially, but it won\u2019t be zero.\u201d Previously, America placed import taxes of 145% on China, <\/span>prompting<\/span><\/a> retaliation of 125% tariffs on American products.<\/span><\/p>\n

BTC\u2019s revival garnered the attention of multiple industry participants, some of whom expect the bullish trend to continue <\/span>in the near future<\/span>. X user Cas Abbe claimed<\/a> the market cycle is still in the \u201cbelief\u201d phase and has yet to enter into the \u201cthrill\u201d and \u201ceuphoria\u201d zones.\u00a0<\/span><\/p>\n

\u201c$109K was not the top <\/span>and<\/span> BTC will trade higher this year. I think <\/span>euphoria will most likely be hit<\/span> in Q4 2025 or Q1 2026 with BTC pumping above $180,000,\u201d they predicted.<\/span><\/p>\n

Captain Faibik <\/span>suggested<\/span><\/a> that BTC has invalidated a falling wedge pattern and is now poised to jump to $112,000. The analyst also believes people who were \u201cstupidly bearish\u201d when the price plunged to $75,000 earlier this month will <\/span>now<\/span> start buying due to Fear of Missing Out (FOMO).<\/span><\/p>\n

For their part, CRYPTOWZRD <\/span>thinks<\/span><\/a> BTC needs another daily close above the $91,500 resistance target \u201cto call it a perfect breakout.\u201d Such a move could push the price to $100,000 or even higher, the analyst envisioned.\u00a0<\/span><\/p>\n

Observing Some Indicators<\/span><\/h2>\n

The BTC exchange <\/span>netflow<\/span> also signals that the asset might continue its uptrend in the short term. Over the past week, outflows have <\/span>surpassed<\/span><\/a> inflows, suggesting a shift from centralized platforms toward self-custody methods, <\/span>which in turn reduces<\/span> the immediate selling pressure.
\n<\/span><\/p>\n

<\/a>BTC Exchange Netflow, Source: CryptoQuant<\/p>\n

Now, let\u2019s examine net inflows into spot Bitcoin ETFs, which <\/span>soared<\/span><\/a> above $930 million on April 22. This is the highest mark recorded since mid-January. The development indicates growing demand and confidence from institutional investors, which might lead to sustained price growth.\u00a0<\/span><\/p>\n

The post Is Bitcoin (BTC) Poised for a New ATH After Surging Past $94K? (Analysts Weigh in)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR BTC climbed above $94,000, fueled by trade war de-escalation and other improving conditions. Analysts predict further gains, with one foreseeing a cycle top of $180,000 at the end of 2025 or the beginning of 2026. What Could be Next? Bitcoin has been on the run lately, with its price surging past $90,000 on April […]<\/p>\n","protected":false},"author":0,"featured_media":61378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-61377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/61377"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61377"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/61377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/61378"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}