Bitfinex: Bitcoin Bull Run Intact If $95,000 Level Holds, New Highs Possible

Bitcoin posted a strong April with a 14.08% gain, reversing previous losses and rallying more than 32% from early-month lows of $74,000 to touch around $98,000. Recent declines to $94,000 have sparked investor concerns, but Bitfinex analysts remain optimistic about the bull run’s continuation. According to Bitfinex’s latest weekly report, Bitcoin has upside potential as long as macroeconomic conditions remain stable. Analysts highlighted the $95,000 level as crucial—maintaining this pricepoint could signal a structural shift toward continued bullish action and pave the way for new all-time highs (ATHs). Conversely, failure to sustain above $95,000 could trigger further corrections. Despite short-term volatility causing unease, Bitfinex views the medium-term market picture as optimistic if Bitcoin holds above its short-term cost price of $93,340, emphasizing the significance of reclaiming and holding the lower end of the previous three-month range.