比特币（BTC）飙升至$ 93,000

比特币（BTC）目前的交易价格低于90,00美元，在过去24小时内的高额增长率超过5.5％。这个尖锐的尖峰

Bitcoin (BTC) is currently trading just under the $93,000 mark, posting a significant gain of over 5.5% in the past 24 hours. This sharp spike pushes Bitcoin BTC/USD to its highest levels in 45 days, solidifying its role as a safe-haven asset amid turbulent macroeconomic conditions.

比特币（BTC）目前的交易价格不到93,000美元，在过去的24小时内，比特币的交易量超过5.5％。这种尖锐的尖峰使比特币BTC/USD在45天内将其最高水平提高到最高水平，从而在湍流的宏观经济条件下巩固了其作为避风港资产的作用。

The cryptocurrency market is known for its volatility, and Bitcoin has experienced a mixed year so far. After a strong start to 2024, which saw Bitcoin rise above $80,000 for the first time since January, the cryptocurrency encountered resistance around the $88,000 level.

加密货币市场以其波动性而闻名，到目前为止，比特币经历了不同的一年。在2024年开始强劲的开局之后，自1月以来，比特币首次上涨了80,000美元，加密货币遇到了88,000美元的抵抗。

However, recent macroeconomic trends have shifted the balance in favor of Bitcoin. With US stock markets showing signs of a bear market and the US dollar weakening, investors are seeking alternative assets to hedge their risk.

但是，最近的宏观经济趋势已经改变了平衡，而有利于比特币。随着美国股票市场显示出熊市的迹象和美元削弱的迹象，投资者正在寻求替代资产来对冲其风险。

This institutional investment pattern provides some of the most convincing evidence for Bitcoin’s enhanced position. On April 21, these funds achieved their highest single-day net inflows since January, with about $380 million pouring into US spot Bitcoin ETFs.

这种机构投资模式为比特币提高地位提供了一些最令人信服的证据。 4月21日，这些基金获得了自1月以来的最高单日净流入，约有3.8亿美元涌入美国现货比特币ETF。

ETFs experience 33 days of net outflows against only 21 days of inflows since February, hence this turnaround follows a protracted period of outflows.

自2月以来，ETF经历了33天的净流出，而仅21天的流入，因此，这种转变遵循了旷日持久的流出期。

Significant corporate buyers are also returning to the market. At an average price of around $84,785 per coin, Michael Saylor’s MicroStrategy just acquired an extra 6,556 BTC for roughly $555.8 million, increasing their total holdings to an amazing 538,200 BTC, valued almost $48.4 billion at current pricing. On the same day, Metaplanet based on Japan also deposited 330 BTC to its treasury.

重要的公司买家也重返市场。迈克尔·塞勒（Michael Saylor）的微观票据平均每枚硬币的平均价格约为84,785美元，刚刚以约5.558亿美元的价格收购了6,556 BTC的额外价格，将其总持有量增加到了令人惊叹的538,200 BTC，其价值将近484亿美元，价值近484亿美元。同一天，基于日本的Metaplanet还将330 BTC存入其财政部。

At 0.16%, the Coinbase Bitcoin Premium Index—which gauges the price differential between Coinbase Pro—mostly utilized by US institutions—and Binance—with a larger retail base—has gone positive, therefore attesting to institutional buying demand.

Coinbase Bitcoin Premium指数占0.16％（衡量了Coinbase Pro之间的价格差异）（主要是由美国机构使用的主要是零售基地），其零售基础是积极的，因此证明了机构购买需求。

The rise in Bitcoin price corresponds with gold attaining fresh all-time highs above $3,500, a reflection of mounting investor worries on economic stability. Participating elements consist of:

比特币价格上涨与超过3,500美元以上的黄金达到新鲜的高价相对应，这反映了不断增加的投资者对经济稳定的担忧。参与元素包括：

BTC/USD Technical Analysis Shows Bullish Reversal

BTC/USD技术分析显示看涨

Following months of downward pressure following January’s all-time high of $109,346, Bitcoin has at last registered its first higher high of 2024. At $88,500, the breakout above past barrier marks the possible end of the multi-month downturn ruling the market.

在1月有史以来高点109,346美元之后的下降压力下，比特币终于登记了其2024年的首个高点。$ 88,500，超过障碍的突破标志着多个月下降的终点统治市场。

Rising above $91,000 on April 22, Bitcoin clearly broke out from its technical downtrend pattern and reached a 45-day high according to chart study. Rekt Capital, a crypto analyst, claims that “the multi-month downturn is ended. And technical uptrends arise when a technical downturn is broken.”

根据图表研究，比特币在4月22日上涨了91,000美元以上，比特币显然从其技术下降趋势模式中爆发出来，并达到了45天的高度。加密分析师Rekt Capital声称“多个月的衰退结束了。

BTC Futures Market Shows Growing Optimism

BTC期货市场显示出越来越乐观

The market for derivatives of Bitcoin is displaying really positive signals. Based on CoinGlass data, open interest in Bitcoin futures shot up 17% to a two-month high of $68.3 billion. The market is in contango, in which case futures prices exceed spot prices, suggesting traders expect increasing prices.

比特币衍生品的市场显示出真正的积极信号。基于Coinglass数据，对比特币期货的开放兴趣上涨了17％，达到了683亿美元的两个月高点。市场位于Contango，在这种情况下，期货价格超过现货价格，这表明交易者预计价格上涨。

Still within the neutral range of 5–10% normal for balanced markets, the Bitcoin futures annualized premium is 6%. This points to cautious optimism instead of too high expectations, therefore perhaps giving opportunity for more upward before overheated issues develop.

比特币期货年度溢价仍然在平衡市场的中性范围内正常5-10％。这表明了谨慎的乐观情绪，而不是过高的期望，因此可能在过热的问题发展之前为更多向上提供了机会。

Bitcoin Price Prediction: $200,000 by 2025?

比特币价格预测：到2025年$ 200,000？

Research studies from Standard Chartered and Intellectia AI indicate that institutional demand might drive Bitcoin’s price as high as $200,000 per coin in 2025 – more than tripling its present value. This estimate relies on ongoing ETF inflows and institutional adoption free from significant legislative restrictions or geopolitical disturbances.

来自标准特许和Infcestionia AI的研究表明，机构需求可能会使比特币的价格高达2025年的每枚硬币200,000美元，这超过了其现值三倍。该估计依赖于正在进行的ETF流入和制度采用，而没有重大立法限制或地缘政治骚扰。

With the Market Value to Realized Value (MVRV) ratio trying to recover the important level of 2, on-chain measures suggest a positive view. Historically, notable price swings have occurred from Bitcoin keeping an MVRV ratio of 2 over long stretches. If Bitcoin keeps this level for the next six weeks, DYOR crypto creator Hitesh Malviya advises it might gain “70% to 80%.

由于试图恢复2个重要水平的市场价值（MVRV）的市场价值（MVRV）比率，链措施表明了积极的观点。从历史上看，比特币在长时间的MVRV比率保持2次。如果比特币在接下来的六周内保持这一水平，Dyor Crypto的创建者Hitesh Malviya建议它可能会增长70％至80％。

Based on the MVRV Z-Score breaking below a long-standing uptrend support line, some analysts contend that January’s peak of $109,000 may already mark the top of this cycle. However, recent price action and institutional buying point to still great bullish potential should Bitcoin maintain its momentum into May.

一些分析师认为，基于MVRV Z分数在长期的上升趋势支持线以下打破，一月的峰值109,000美元可能已经标志着这一周期的顶部。但是，最近的价格行动和机构购买点仍然具有巨大的看涨潜力，应该将比特币保持到五月的势头。