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The Bitcoin price climbed 2% in the last 24 hours to trade at $95,970 as of 11p.m. EST on a 19% pump in trading volume to $39.5 billion.
The increase in the BTC price comes as Semler Scientific continues to expand its Bitcoin holdings after buying 111 BTC for $10 million at an average price of $90,000 per coin. The healthcare technology company now holds over 3,300 BTC worth approximately $300 million.
Semler Scientific acquires 111 #bitcoins for $10 million and has generated BTC Yield of 23.5% YTD. Now holding 3,303 $BTC. Just getting started. 🚀 $SMLR
— Eric Semler (@SemlerEric) April 25, 2025
Bitcoin Price Climbs Above $90K
Bitcoin (BTC/USDT) is trading at $94,970 after posting a modest daily gain of 0.35%, moving within a range of $95,527 to $95,199. On the daily chart, the cryptocurrency had earlier broken out of a bearish channel that dominated price action between September and October 2024, signaling a shift in market sentiment.
That breakout sparked a sharp rally in November, as Bitcoin surged past resistance levels and cleared upside liquidity, making a strong push toward the psychologically significant $100,000 mark.
However, Bitcoin met stiff resistance around $100,000, facing repeated rejections from December 2024 through February 2025. The failed attempts to break higher led to a corrective downtrend, which eventually found solid footing at $80,000.
Bitcoin has also formed a double bottom pattern, a widely recognized indicator of a potential bullish reversal in market structure.
BTCUSDT Analysis Source: Tradingview
Double Bottom Launches Bitcoin Toward Critical $100K Level
Bitcoin has staged an impressive rally after confirming a bullish reversal, fueled by a breakout above the key resistance zone between $88,000 and $90,000, marked by a significant market structure shift (MSS) on the charts. The move came after Bitcoin formed a strong double bottom pattern around $80,000, signaling the end of its recent downtrend.
Currently, Bitcoin is trading near $95,000, with traders closely watching the critical $100,000 resistance level. A clear breakout above this psychological barrier could pave the way for further gains, with potential upside targets set at $110,000 and $120,000.
However, on the downside, immediate support is now seen at $90,000, while a more robust support level remains at $80,000, the base of the double bottom formation. Meanwhile, the Relative Strength Index (RSI) stands at 69.62, hovering just below the overbought threshold.
Since the RSI is also above its signal line (at 58.20), this supports a continued bullish outlook. Still, traders should watch for signs of RSI divergence or overbought conditions that might signal a short-term pullback.
The breakout above $90,000 points to growing bullish strength, with the next short-term target likely in the $100,000–$106,000 range. However, if BTC falls below $90,000, it could drop to test the $85,000–$80,000 support area again.
BTC Bull Token Zooms Past $5M In Presale – Best Crypto To Buy Now?
As the Bitcoin price climbs, a new meme coin called BTC Bull Token (BTCBULL) has just surged past $5 million in funding in its presale.
The project offers a unique reward system: giving real Bitcoin to holders via airdrops when Bitcoin reaches new price milestones.
The first airdrop is set for when Bitcoin hits $150,000, and more will follow each time Bitcoin increases by another $50,000, giving holders a strong reason to stay invested long term.
#BTCBULL doesn’t skip leg day. 🐂
Join the $BTCBULL herd presale today: https://t.co/7eJGZriFZb
For any further enquires send a message to our team @BTCBULL_TokenPR pic.twitter.com/2Lp5TcUkYR— BTCBULL Official Team (@BTCBULL_TokenPR) March 16, 2025
Along with Bitcoin rewards, BTCBULL also has a deflationary system. As the Bitcoin price climbs, the supply of BTCBULL tokens will decrease through scheduled burns.
The first burn will happen when Bitcoin reaches $125,000, with more burns occurring every time Bitcoin increases by $25,000. This planned reduction in supply creates scarcity that puts upward pressure on the token’s price.
The popular YouTube channel 99Bitcoins, with over 725k subscribers, predicts that BTCBULL could offer 100x returns after launch.
Buy And Stake BTCBULL For 83% APY
BTCBULL also offers an 83% annual return to investors who stake their tokens on the official platform.
The token is priced at $0.00248 and can be bought with crypto or a bank card. Buy before a price hike in less than 24 hours to lock in the best deal.
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