Bitcoin Crosses the Symbolic Threshold of $93,000

Bitcoin has just crossed the symbolic threshold of $93,000 for the first time since early March, following a spectacular rise of more than 25% from its low of $75,000

Bitcoin crossed the symbolic threshold of $93,000 on Saturday, April 22, for the first time since early March, following a spectacular rise of more than 25% from its low of $75,000. Has the upward train already passed or is there still room for growth for the star crypto?

While technical analysts are advising caution, several signals suggest that the price of Bitcoin could continue to rise in the coming days or weeks, potentially reaching the psychological level of $100,000.

Indeed, to confirm a true breakthrough of the major resistance, we need a daily close above $91,000.

This rise is partly due to significant inflows into US Bitcoin ETFs and sustained demand in spot markets.

The $91,000 to $93,000 range, which corresponds to Bitcoin’s annual open, represents strong technical resistance that analysts are closely watching.

Several experts, including Daan Crypto Trades, have highlighted the importance of this zone. If Bitcoin manages to close above $91,000, it could open the way to $100,000, a major psychological level that could be reached in the coming weeks.

However, it seems that several institutional investors are already massively accumulating BTC at these rates.

Moreover, we are told that we can never invest too late in Bitcoin, especially now, as the prospects for a bull run this year remain very realistic.

Michael Saylor, CEO of Strategy, has understood this well: he continues actively accumulating Bitcoin, strengthening his position with a recent investment of over $550 million to purchase an