Bitcoin (BTC) price climbed to its highest level since early March, trading above $88,800

Bitcoin (BTC) price climbed to its highest level since early March, trading above $88,800 as the cryptocurrency market capitalization expanded

Bitcoin (BTC) price today, April 24: BTC climbs to highest level since early March as crypto market cap expands amid growing unrest over Fed independence following President Donald Trump’s renewed criticism of Chair Jerome Powell.

The newest Bitcoin price prediction from Rich Dad Poor Dad author Robert Kiyosaki suggests, that the oldest and biggest cryptocurrency may more than double its current value this year, reaching a range between $180,000 and $200,000.

Bitcoin Price Is Going Up Today. BTC Hits The Highest Levels In 6 Weeks

The world’s largest cryptocurrency is rapidly approaching the upper boundary of the consolidation range it has been in since late February. The lower limit is defined by the March-April lows around $76,500, while the upper boundary lies at around $88,800, coinciding with the January lows.

A breakout above this consolidation zone is crucial for Bitcoin to attempt a move toward the upper edge of a broader consolidation that spanned November–February, in the vicinity of the all-time highs.

Despite the fact that BTC/USDT has yet to pierce through this resistance, it is noteworthy from a bullish standpoint that the pair has exited the bearish regression channel which had been keeping a lid on its gains over the past three months.

What scenario do I anticipate for BTC at this stage? A short-term pullback after testing the current resistance, but ultimately a breakout to new highs. The unfolding outlook can be visualized in the chart below:

ETFs Record Largest Day of Net Flows

U.S.-based Bitcoin ETFs experienced their largest day of net inflows since late January, with a combined $381.3 million flowing into the funds on April 24, according to the latest data from Morningstar.

The ARK 21Shares Bitcoin ETF (ARKB) led with $116.1 million in new investments, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) with $87.6 million.

BlackRock’s iShares Bitcoin Trust ETF (IBIT), the largest of the group by assets under management, saw net inflows reach $41.6 million, while Grayscale’s Bitcoin products—Bitcoin Trust (GBTC) and Cryptocurrency Trust (CRPY)—attracted a combined $69.1 million.

Bitcoin price predictions vary widely among experts

As Bitcoin approaches the $90,000 mark, market observers are offering varied forecasts for its future performance. However, a few days ago I highlighted another bullish price prediction from Robert Kiyosaki, who projects that Bitcoin could reach a price of one million dollars by 2035.

Among the experts who have shared their thoughts on Bitcoin’s price in 2025, we can highlight:

Benzinga’s Titan of Crypto predicts that BTC could trade at $137,000 by 2025.

Analysts at Bernstein see Bitcoin reaching $200,000 by 2025.

Standard Chartered strategists project Bitcoin to trade in the range of $200,000 to $250,000 by 2025.

Bitcoin price analysis: BTC hits 6-week highs as dollar slides and Trump sparks new Fed commentsprovides an update on the latest developments in the cryptocurrency market.