Bitcoin (BTC) Price’s Strong Performance in April Renews Investor Optimism as Bullish Signals Emerge

Bitcoin's (BTC) strong performance in April has renewed investor optimism as bullish signals continue to emerge across the crypto market.

After rebounding sharply, Bitcoin (BTC) is trading steadily, positioning itself for a possible push to new highs. The price action and growing accumulation suggest that Bitcoin may aim for $155,400 in the coming months.

ETFs See Record Bitcoin Inflows Amid Price Consolidation

Last week, Bitcoin spot ETFs recorded inflows of 31,324 BTC, the highest weekly figure since November. These inflows reflect rising demand from institutional investors even as BTC price consolidates above the $90,000 mark.

Bitcoin's acceptance back into its previous range came after liquidity was taken during a period of macro uncertainty and fear. Despite the risks that remain, the strong buying activity is adding support to the bullish outlook for the asset.

Bitcoin is now trading well above both the 200-day EMA and 200-day MA. These two key moving averages are rising gently, suggesting that the macro trend remains upward. Historically, prices tend to rise when BTC stays above these long-term averages.

Exchange Supply Remains Tight, Supporting Higher Price Potential

On-chain data shows very low Bitcoin inflows to exchanges. A flat or slightly negative trend in exchange inflows indicates strong holding behavior by investors.

Historically, large inflows have been linked to major sell-offs, which is not the case at present. The supply of Bitcoin (BTC USD) on exchanges continues to decline.

Investors seem more willing to hold their Bitcoin off exchanges instead of selling. If demand increases while supply remains tight, prices could surge rapidly, based on previous market patterns.

Bitcoin's market structure remains bullish, forming higher lows even after sharp corrections. The long-term trend has been upward since late 2022, suggesting strength.

Key Levels to Watch As BTC Price Action Develops

Technical analysts are closely watching the $95,500 resistance level for BTC price. A confirmed break and hold above this level could open the path toward a new target of $113,800, based on the MVRV Pricing Bands model according to Ali chart post in space X.

Support remains strong near $90,896, while the primary target on the high side is seen at $107,975. If Bitcoin manages to break above the $95,500 mark and sustain the move, attention may quickly turn to higher targets, including the ambitious $155,400 figure.

However, if Bitcoin closes strongly below $90,000 on a daily timeframe, it could weaken the bullish case. Traders are advised to watch these levels carefully to gauge the strength of the ongoing trend.

Macro Factors And Institutional Strategies Boost Confidence In BTC Price

The BTC price surge occurs during a period where overall financial market conditions show positive signs of improvement.

The weakening U.S. dollar plus diminishing trade tensions brought back market confidence throughout financial sectors. Bitcoin's price stability receives additional validation from macroeconomic factors which drive its performance.

Meanwhile, MicroStrategy chairman Michael Saylor revealed ambitious plans to expand the company's Bitcoin-focused strategy.

Saylor said,

"We are building a Bitcoin bank model to target a $500 trillion market by securitizing Bitcoin and offering various securities to investors."

This approach could deepen institutional adoption of Bitcoin over time. Bitcoin achieved its best April performance in 2025 with a 13% increase in value.

Market participants received renewed energy after BTC price recovered in April following its first quarter decline which dropped by 25% between peak and trough values.

Market strength indicators are present at the high consolidation zone near $90,000 because investors are accumulating which points toward potential further upward movements.