Bitcoin Holds Firm Above $90K as Dollar Weakness Boosts Safe-Haven Appeal

25.04.2025 07:47
Bitcoin continues to trade strongly above the $90K level, bolstered by persistent U.S. dollar weakness and a growing appeal as a safe-haven asset. Investors are attracted to BTC due to its fixed supply and historical resilience, especially amid volatile economic indicators and geopolitical tensions. The technical analysis highlights a firm support zone at $90K, with immediate resistance in the $94,500–$95K range. A decisive break above these levels could pave the way toward testing the $98,500 and eventually the $100K mark, potentially drawing both retail and institutional momentum. Simultaneously, Ethereum is consolidating around the $1,770 level, forming a bullish ascending triangle with resistance at $1,820. This consolidation pattern suggests that ETH may be preparing for a breakout toward the $1,920–$1,950 range if support holds, while a breakdown could reverse gains and push prices back toward the lower demand zone. Both assets are being watched closely by market participants amid a shift towards risk-averse strategies.