Bitcoin Remains in Active Buy Signal for 114 Weeks Amid Price Volatility

Crypto analyst Tony Severino updates on Bitcoin's price action, highlighting a potential bullish reversal while cautioning against a possible end to the current bull run.

Key Insights

Bitcoin remains in an active buy signal for 114 weeks on SuperTrend weekly.
The price is targeting the psychological $90,000 level.
A sell signal could indicate the end of the bull run, potentially dropping BTC to $22,000.
Analyst PlanB believes Bitcoin could double this year, possibly reaching $180,000.
Standard Chartered predicts a rally to $200,000 is achievable.
Focus on the impact of Donald Trump's tariffs starting April 2nd; previous tariffs led to a drop to $77,000.

New ATH Potential

Analyst Titan of Crypto suggests a new all-time high (ATH) could occur this year, estimating a target of $121,000.
The BTC uptrend remains intact, reacting positively around the weekly 50-day EMA.
Whales are actively accumulating, with over 22,000 coins withdrawn from exchanges recently.

Current Bitcoin price is approximately $87,500, showing an increase in the last 24 hours.