[2025-04-22] Bitcoin’s Recent Surge Signals Potential Market Rebound

[CoinTürk]

Market data shows that Bitcoin’s open position value reached $58.7 billion in 24 hours. This situation reflects optimistic expectations, contrasting with the downward trend seen in earlier periods this year. The surge in trading volume suggests that active trends may emerge in the derivatives market.

Read the full article here: https://en.coin-turk.com/bitcoins-recent-surge-signals-potential-market-rebound/

[Oshosondy]

Have you noticed that bitcoin was unable to get to $89000 on the 3rd of March, 2nd of April and also yesterday and today was 21st. This is the strong resistance that we have that bitcoin first need to break. Then we can later speculate about if we are going to $100000 again. We need to break the $89000/90000 barrier. Bitcoin price was at $88400 when I was about to post this.

[VashaUdacha777]

Thank you, it was very interesting to read the article. I think we will soon have good news.
I think the future belongs to Bitcoin. Soon it will cost $100,000 
The main thing now is to survive the bear cycle.

[cr1776]

Have you noticed that bitcoin was unable to get to $89000 on the 3rd of March, 2nd of April and also yesterday and today was 21st. This is the strong resistance that we have that bitcoin first need to break. Then we can later speculate about if we are going to $100000 again. We need to break the $89000/90000 barrier. Bitcoin price was at $88400 when I was about to post this.

And it is around 93000 today.  There is a lot of short-termism going on where instead of looking at the long term trends people are more concerned about what happened in the last 30 seconds vs the last 10 years.  Every time the answer has been the same: right now most people who have held for any reasonable length of time are way ahead of the game, people who have a few months, maybe they are ahead or maybe they are close to breakeven.