Key Points
- Bitcoin’s price is currently between $94,000 and $96,000 as of April 29, 2025, showing strong bullish momentum.
- Recent ETF inflows reached $381.4 million on April 21, 2025, indicating growing investor interest.
- Technical indicators suggest Bitcoin may reach $100,000 soon, though market volatility remains a factor.
Current Price and Market Trends
Bitcoin has shown resilience in April 2025, reclaiming and surpassing the $90,000 level earlier in the month. As of today, April 29, 2025, research suggests the price is ranging between $94,000 and $96,000, with technical analysis pointing to strong bullish momentum. This upward trend is supported by patterns like a cup-and-handle breakout and a double bottom near $76,000, though resistance is noted near $96,000–$97,000.
Investor Activity and ETF Inflows
Investor interest remains high, with U.S. spot Bitcoin ETFs seeing significant inflows of $381.4 million on April 21, 2025 (CNBC – Crypto Market Today). This marks the largest daily inflow since January 30, 2025, and the fourth inflow in five trading sessions, suggesting strong institutional and retail buying.
Future Outlook
Analysts predict Bitcoin could potentially reach $100,000 soon, driven by reduced exchange inflows and increased stockpiling by long-term holders. However, the evidence leans toward caution due to market volatility and potential resistance levels at $93,000 and $95,900.
Comprehensive Analysis of Bitcoin News as of April 29, 2025
This detailed report provides a thorough examination of Bitcoin’s current state, market trends, and investor dynamics as of April 29, 2025, based on recent data and expert insights. The analysis aims to offer a complete picture for both novice and experienced investors, highlighting key developments and their implications.
Market Performance and Price Movements
Bitcoin has demonstrated significant resilience and bullish momentum throughout April 2025. Earlier in the month, on April 22, 2025, Bitcoin reclaimed the $90,000 level for the first time since March, reaching a high of $91,754.28 and trading at $91,563.27 with a 4.8% increase on that day (CNBC – Crypto Market Today). This marked a 2-day gain of more than 8% and a 23% increase from its April low, reflecting a strong recovery amid market turbulence.
As of April 29, 2025, the latest data indicates Bitcoin’s price is expected to range between $94,000 and $96,000, according to recent analysis (Coinpedia – Bitcoin Price Prediction). This upward movement is supported by technical indicators, including a sharp surge above the 9-day Simple Moving Average (SMA), signaling robust bullish momentum. The Relative Strength Index (RSI) at 67.9 is nearing overbought territory, suggesting potential short-term cooling, but overall, the market sentiment remains positive.
Technical analysis further reveals a bullish breakout pattern resembling a cup-and-handle formation, alongside a double bottom pattern near $76,000, which supports reversal strength. However, crucial resistance levels are identified near the $96,000–$97,000 zone, which could pose challenges to further immediate gains. Analysts note that a retest of the current all-time high of $109,000 is plausible in the coming months if momentum persists, with the potential for new highs driven by institutional flows.
Investor Activity and ETF Dynamics
Investor interest in Bitcoin remains strong, as evidenced by significant inflows into U.S. spot Bitcoin Exchange-Traded Funds (ETFs). On April 21, 2025, these ETFs logged $381.4 million in inflows, marking the largest daily inflow since January 30, 2025, when they posted $588.2 million (CNBC – Crypto Market Today). This was the fourth day of inflows in the past five trading sessions, indicating robust demand from both institutional and retail investors.
On-chain data further supports this trend, with Bitcoin exchange outflows increasing dramatically in recent weeks, particularly after a brief pause following a spike around April 7–9, 2025. This suggests strong stockpiling by long-term holders, as reduced exchange inflows indicate accumulation rather than selling pressure (Coinpedia – Bitcoin Price Prediction). Such behavior is often interpreted as a bullish signal, reinforcing confidence in Bitcoin’s long-term value.
Market Context and Comparative Performance
Bitcoin’s recent price surge has occurred amidst turbulence in traditional financial markets, particularly U.S. equities, which experienced a sell-off due to President Donald Trump’s renewed criticism of Federal Reserve Chair Jerome Powell, demanding immediate rate cuts (CNBC – Crypto Market Today). Despite this, Bitcoin has shown signs of decoupling from traditional assets, with its 30-day correlation with the S&P 500 dropping to 0.65, compared to historically higher correlations (around 1.0) during market sell-offs. This decoupling suggests Bitcoin is increasingly viewed as an alternative asset, akin to digital gold.
Comparatively, Bitcoin was up 10% in April 2025, outperforming gold, which rose 8%, while the S&P 500 and the U.S. dollar index each declined by 5% (CNBC – Crypto Market Today). This performance underscores Bitcoin’s appeal as a hedge against traditional market volatility, particularly in the context of macroeconomic uncertainty.
Analyst Insights and Future Outlook
Analysts have provided varied insights into Bitcoin’s trajectory. Ed Engel from Compass Point noted that Bitcoin has been resilient despite light trading volumes, with resistance at $93,000, and highlighted that long-term holders are buying while liquidity is declining (CNBC – Crypto Market Today). Katie Stockton from Fairlead Strategies identified $88,000 as a key resistance level, with the next resistance at $95,900 if cleared, suggesting potential for further rallies (CNBC – Katie Stockton on Bitcoin).
Predictions for the near term are optimistic, with some experts suggesting Bitcoin could reach $100,000 before the end of April 2025, driven by solid bullish confirmation from both price structure and indicators (CoinDCX – Bitcoin Price Prediction). Robert Kiyosaki, a notable figure, predicted Bitcoin could rise to $180,000–$200,000 by the end of 2025, citing its rebound of nearly 20% since April lows despite stock market declines (Finance Magnates – Bitcoin Price Surge).
However, the market remains volatile, and factors such as regulatory pressure, liquidity shortages, and macroeconomic trends could influence future movements. For instance, past cycles indicate that strong price surges may be followed by corrections, as seen in 2017–2018, when Bitcoin lost around 75% of its value (Bitpanda Academy – Bitcoin Forecast 2025).
Price Predictions for 2025 and Beyond
For a broader perspective, here are the predicted price ranges for Bitcoin in 2025 and beyond, based on recent analyses:
| Date/Year | High Price | Low Price | Average Price |
| April 2025 | $95,000 | $76,000 | $84,000 |
| 2025 | $167,598.22 | $71,827.81 | $119,713.02 |
| 2026 | $234,637.51 | $100,559.00 | $167,598.22 |
| 2027 | $328,492.51 | $140,782.60 | $234,637.51 |
| 2028 | $459,889.52 | $197,095.64 | $328,492.51 |
| 2029 | $643,845.33 | $275,933.89 | $459,889.52 |
| 2030 | $901,383.47 | $386,307.45 | $643,845.33 |
These predictions, while informative, should be approached with caution, as cryptocurrency markets are highly volatile and influenced by numerous factors, including regulatory changes and macroeconomic conditions (Coinpedia – Bitcoin Price Prediction).
Conclusion
As of April 29, 2025, Bitcoin is experiencing a strong bullish phase, with prices ranging between $94,000 and $96,000, significant ETF inflows, and positive technical indicators. The market’s resilience amidst traditional asset volatility, coupled with increased accumulation by long-term holders, suggests a promising outlook, though investors should remain mindful of potential resistance levels and market corrections. This comprehensive analysis provides a foundation for understanding Bitcoin’s current state and future potential, supported by recent data and expert insights.
Key Citations