As of April 22, Bitcoin noted a notable increase in the momentum, trading at $ 92,600 – up approximately 6% compared to its intra -day hollow of $ 87,400. This decision not only attracts the attention of retail merchants, but is also accompanied by a significant increase in institutional participation.
On April 21, BTC Spot ETF recorded $ 380 million in net entries, marking the highest day entries since the end of January – a period that coincided with the renewed trust of investors after the president Donald TrumpBack to the office. The peak of the activity of the ETFs is a strong signal for institutional re -engagement with bitcoin after a relatively silent Q1, where the entries were tapered after the summits of January.
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The market seems to react to broader macro changes, including movements in traditional security assets. Gold, which recently printed new heights around $ 3,500, has since experienced a net reversal, which allowed more than 184 points to be negotiated almost $ 3,300 – a decrease of 5%. Analysts suggest that this decline is linked to technical conditions and taking profits on ignition, while the evaluations seemed stretched. Gold shift can also contribute to renewing flows in alternative assets such as Bitcoin, as a portfolio rebalancing on investors.
From a technical point of view, BTC approaches a key level of interest between $ 92,000 and $ 93,000, which represents Fibonacci’s retrace to 50% of the negotiation range of $ 110,000 wider at $ 74,400. Historically, such levels of retracement often act as areas of temporary resistance, where traders can seek to lock the gains or re -evaluate the directional bias. A withdrawal from here would not be unusual and could offer better risk reward configurations for those who have a longer -term bullish perspective.
Trend: Blackrock calls 2025 the year of alternative assets. A New York company has quietly built a group of more than 60,000 investors who have all joined a class of ALT assets previously exclusive to billionaires like Bezos and Gates.
Although the recent price action and ETF data indicate the strengthening of demand and renewed institutional confidence, patience remains a key virtue. The BTC testing a technical inflection point, pursuing the price of the impulse can expose traders to an unnecessary risk, in particular on a market always defined by volatility and macro uncertainty.
As the institutional flows return and the capital begins to turn, the coming weeks could be essential to confirm whether the bitcoin is ready for the continuation – or simply to cool after an impressive race.
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