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Bitcoin Defies Gravity—Here’s Where the Rally Could Peak

Bitcoin Defies Gravity—Here’s Where the Rally Could Peak

Author:
FXleaders
Published:
2025-04-28 10:48:50
10
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Bitcoin Still Bullish; How High Will It Go?

Bitcoin’s bull run isn’t just alive—it’s accelerating. With institutional FOMO and weakening dollar dynamics, the king of crypto keeps punching through resistance levels like a Wall Street intern on espresso.

Key drivers: Spot ETF inflows, halving scarcity, and that classic human greed algorithm. Even the SEC’s usual saber-rattling can’t derail this train.

Price targets? Analysts whisper $150K by EOY—though, let’s be real, predictions in crypto are about as reliable as a banker’s handshake.

One thing’s certain: The suits still hate it. Which probably means we’re not done yet.

Over the last week, Bitcoin (BTC) has gained nearly 8%, and it looks like it is going even higher. The coin is up 0.72$ for the last day to a price of $84,774 (BTC/USD).

Bitcoin looks to be closing on $100K.

With Bitcoin surging above $94K, it seems like it is only a matter of time before it is above $100K again. With momentum still high from paused tariffs and incoming earnings reports hype, Bitcoin could surpass that important level. However, it could also stall out very soon and plummet back below $90K, and we want to share with you how that could happen.

Bitcoin on the Rise

The BTC price is enjoying a surge that has caught up the rest of the cryptocurrency market in its movement. Ethereum (ETH) gained nearly 10% in a week, and XRP (XRP) added 8.72% in that timeframe. Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) are all bullish too, making for a very exciting cryptocurrency market that could continue higher on its own steam.

BTC/USD

President Donald Trump put a pause on tariffs that is supposed to extend for almost three more months, and that gives the cryptocurrency market time to breathe and spread its wings separately from tariff influence. We could see incredible upward movement throughout the market during this 90-day period.

Many of the Magnificent Seven stocks are reporting their quarterly earnings this week, and if those earnings reports are positive, then Bitcoin could benefit from the boost they give to the wider markets.

Because Bitcoin is so close to $100K, we could see the whales help propel it over that mark and work to keep it there. We have already seen some major buying power from MicroStrategy give Bitcoin some help, and other whales have been active as well lately, helping to push Bitcoin to where it is now.

Bitcoin Could Plummet

There are a few factors that could hurt Bitcoin, however, and investors need to be aware of those. The stock reports coming in this week, as well as the economic data that is scheduled, could be very negative. We could see that the economy is stagnating or tightening, and that would be very bad for Bitcoin investors.

There is also the possibility that Trump will change his mind about tariffs and resume them or add new ones that are not affected by the pause. This will limit how much money investors have to spend on volatile investments like Bitcoin.

We also have to take into account that Bitcoin and the wider crypto market have been riding high for days. That trend may be coming to an end, though, naturally running out of steam and stopping short of $100K.

With all of these factors to consider, we think it is likely that Bitcoin will hit $100K in the NEAR future but will struggle to stay above that level for very long.

 

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