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Cryptocurrency News Articles
It Seems the Bullish Days for Crypto Have Finally Arrived
Apr 21, 2025 at 01:55 pm
Bitcoin has surged past its $85K resistance and is now trading above the $87K level. This marks a 2.4% increase in the last 24 hours
It seems the bullish days for crypto have finally arrived, as Bitcoin (BTC) has surged past its $85K resistance and is now trading above the $87K level. This marks a 2.4% increase in the last 24 hours — a parabolic price shift that the community has been anticipating for a long time.
The current price action offers a degree of clarity, suggesting that Bitcoin may have already bottomed out, fueling anticipation for further growth. And if the bull run is indeed underway, then identifying and investing in the best crypto to buy now becomes the most strategic move for investors.
Bitcoin Price Analysis – Breaks Past $85K Resistance, Now Holding $87K as Support
The price surge occurred at 11:55 PM UTC, with the chart showing a parabolic move from the $85K resistance level to above $87K, now establishing it as a new support.
This price action represents a nearly 15% increase from Bitcoin’s recent bottom around the $76K level, and the community is now hopeful that continued upward momentum will follow.
The Relative Strength Index (RSI) currently sits at 57, suggesting that further upward movement is possible. If market conditions remain favorable, then Bitcoin could test the $94K level — the next key resistance — before pushing toward the crucial $99K mark.
However, rejection at the $94K level could trigger a short-term pullback, possibly dragging Bitcoin back to lower support zones.
While the recent surge is impressive, it’s not entirely unexpected. Institutional interest and a sharp rise in ETF inflows have been setting the stage for bullish momentum. For instance, BlackRock’s IBIT ETF recently recorded a $45.5 million inflow in a single day.
Whale accumulation and significant exchange outflows have also contributed to Bitcoin’s strength. Over 14,000 BTC were withdrawn from exchanges in February alone — an indicator that more holders are opting to store their Bitcoin long-term. This drop in circulating supply has created upward price pressure, further fueling the rally.
Lastly, regulatory developments are playing a role. Although not every update has been positive — especially in Oregon, where the Attorney General appears to be leading a crusade against Coinbase — the overall market sentiment remains optimistic.
With bullish momentum gaining traction, Bitcoin appears poised to break through the $100K mark. Some analysts, including Richard Hoskinson and Arthur Hayes, even believe that Bitcoin could reach $250K by the end of 2025.
Best Crypto to Buy Now in the Current Bullish Scenario
The current bullish momentum presents an ideal opportunity to identify and invest in high-potential cryptocurrencies. Most leading high-cap tokens appear to have already bottoמדout and now show strong potential for near-term growth, thanks to ongoing innovation and renewed investor interest.
At the same time, several crypto ICOs are generating significant buzz across the market. The best crypto to buy now could very well be found among these emerging projects — offering both early entry advantages and long-term value.
BTC Bull
Bitcoin’s recent price action has been driven by bulls who refuse to back down — enthusiasts willing to go the extra mile to support their favorite asset. While institutional momentum is receiving most of the credit due to its massive transaction volume, meme investors deserve their moment in the spotlight as well.
BTC Bull is a meme coin project that aims to capitalize on Bitcoin’s growth while giving meme investors a chance to share in the success.
The project’s tokenomics are designed to funnel Bitcoin’s upward momentum directly into the BTC Bull ecosystem. This includes token burns and Bitcoin airdrops that are triggered whenever BTC reaches key price milestones. The goal is to keep the reward cycle going until Bitcoin hits the $250K mark.
The approach is refreshingly minimalistic — it doesn’t pretend to offer deep long-term utility. However, since BTC Bull is directly tied to Bitcoin’s price action, it could experience explosive short-term growth if the bullish trend continues.
YouTubers like 99Bitcoins have already dubbed it the “official Bitcoin meme coin,” and given the current market momentum, BTC Bull could make a powerful debut on exchanges. A 10x rally isn’t out of the question.
SUBBD
With Bitcoin on the rise, attention may soon shift toward utility-driven cryptos offering new ways to earn in decentralized ecosystems. SUBBD is one such project — a Web3 platform that enables AI-powered content creation and monetization.
Modeled loosely after OnlyFans, SUBDD is a cryptocurrency project focused on providing creators with a platform to generate and distribute AI-driven content to their fanbase. These AI tools will likely use real models of the creators as a base, allowing for prompt-based customization to generate unique attributes.
Beyond creative applications, SUBBD’s AI tools will also handle administrative tasks. Content management
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Dogecoin (DOGE) Community Celebrated Doge Day, Despite the Lackluster Price Action
- Apr 21, 2025 at 07:15 pm
- The Dogecoin (DOGE) community just celebrated Doge Day, also known as D-Day, on April 20 or 4/20. However, similar to the coin's previous reception to the event, its price action was only mild
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