Bitcoin ($BTC ) has exhibited significant bullish momentum, surging above the $78,000 mark to reach its highest level since early February. This rally is largely driven by a combination of geopolitical de-escalation, specifically the indefinite extension of the US-Iran ceasefire, and massive institutional accumulation led by MicroStrategy's $2.54 billion purchase. Technically, the price has broken out of a two-month consolidation range, with analysts eyeing a psychological test of $80,000 in the immediate term; a sustained hold above the $76,000 support level could pave the way for a broader move toward $85,000 or even $90,000 by the end of the month. However, traders should remain mindful of upcoming liquidity shifts, such as the US Treasury’s $15 billion debt buyback plan and the looming FOMC meeting on April 29, which may inject further volatility into the digital asset market.

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BTC

77,711.65

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