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Cryptocurrency News Articles

Bitcoin (BTC) Price Today at $84,951.59; Parabolic Move to $400K Could Be Ahead

Apr 19, 2025 at 03:27 pm

Bitcoin price today is $84,951.59, and while the market is cautious, experts believe a parabolic move to $400K could be ahead.

Bitcoin (BTC) Price Today at $84,951.59; Parabolic Move to $400K Could Be Ahead

Bitcoin price today is $84,951.59, and while the market remains cautious, experts predict a parabolic move to $400K could be ahead.

According to crypto analyst Joe Consorti, we can expect to see a Bitcoin bull run by late 2025. His analysis, shared with his followers on X (formerly Twitter), claims that Bitcoin follows gold’s directional trends with a delay of 100 to 150 days.

The gold spot price hit a new all-time high of $3,357 yesterday, April 25, sparking discussions about its possible ripple effect on the Bitcoin market. At the beginning of April, gold was trading at $3,114. However, volatility struck early in the month. Between April 3 and 7, as global markets reacted to President Trump’s aggressive tariff policies, gold dropped by over 4.77%.

A 90-day pause in tariff implementation brought relief. From April 9 to April 16, the gold market rebounded strongly, surging more than 12%.

This shift in the market is crucial for Consorti's predictions. He's keeping an eye on how this new record lows might influence the Bitcoin trends in the coming months.

Bitcoin Price Today and What’s Next

According to coinpedia markets, Bitcoin is currently trading at $84,951.59. Over the past year, BTC has seen a price increase of 36.9%. In April alone, it has risen by about 3%. The Relative Strength Index (RSI) stands at 52.62, indicating neutral momentum.

While 2025 has brought volatility for Bitcoin, with a 17.5% drop in February and 2.19% in March, April appears to be more stable.

Analysts Forecast a Massive Bitcoin Bull Run

As Consorti and other analysts like Apsk32 point out, the real BTC rally will begin in Q3 or Q4 2025. Apsk32 predicts a breakout between July and November. A technical model using Bitcoin’s power curve time contour chart shows the potential for BTC to enter a parabolic phase in late 2025.

This model, created by crypto analyst Ronny, predicts a final peak of $398,000 to $400,000 for the year 2025.

Final Thoughts

With the gold price today hitting new highs, attention is shifting to Bitcoin. If the expert predictions and past trends are anything to go by, then a Bitcoin bull run may be closer than many realize.

Disclaimer:info@kdj.com

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