Bitcoin Maintains Bullish Momentum
🟨According to Bitfinex, Bitcoin’s current bull cycle has not yet reached its peak — despite volatility and macroeconomic risks. In April, BTC rose by 14.08%, outperforming historical averages, and its resilience after dropping to $74,501 has only strengthened investor confidence in its potential. Miners also show trust, holding onto their reserves despite the price increase.
🟨However, further movement hinges on the $95,000 level. Turning it into support could open the path to new highs. As long as Bitcoin stays above the STH cost basis ($93,340), the rally still has room to continue.
https://crypto-jazz.com/bitcoin/2025/05/08/bitcoin-maintains-bullish-momentum/
