Bitcoin Price Analysis: BTC Sets Sights On $90,000

The crypto market has started the week on a very bullish note, with Bitcoin (BTC) registering substantial increases. The flagship cryptocurrency is up almost 4% over the past 24 hours as it sets its sights on $90,000. BTC has surged past $85,000 after a relatively quiet start to the weekend and currently trades around $87,500.

Markets have a lot to look forward to over the next few days, with Friday’s PCE reading, the Federal Reserve’s preferred inflation gauge, and the Senate Banking Committee’s hearing with Paul Atkins and the Comptroller of the Currency nominee Jonathan Gould.  

Bitcoin (BTC) Likely To Hit $110,000 Before $76,000 

Market analysts believe Bitcoin (BTC) could surge to a new all-time high of $110,000 before witnessing any significant decline. The analysts cited easing inflationary pressure and rising global liquidity as factors supporting the rally. BTC has traded upwards since March 10 with bullish sentiment picking up since Sunday and achieving a bullish weekly close. This combined with the factors mentioned above could set BTC up for a rally to $110,000 and set a new all-time high, according to Arthur Hayes, co-founder of BitMEX and the Chief Investment Officer at Maelstrom. Hayes seated in a post on X, 

“I bet $BTC hits $110k before it retests $76.5k. Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause of “transitory inflation”. What I mean is that the price is more likely to hit $110k than $76.5k next. If we hit $110k, then it’s Yahtzee time, and we ain’t looking back until $250k”

Quantitative tightening (QT) is when the Federal Reserve sells bonds or lets them mature without reinvesting proceeds to shrink its balance sheet. On the other hand, quantitative easing means the Federal Reserve actively purchases bonds and pumps money into the economy to lower interest rates and encourage spending. However, others like Benjamin Cowen, founder and CEO of IntoTheCryptoVerse, pointed out that while the Federal Reserve had slowed down quantitative tightening, it had yet to fully pivot to quantitative easing. 

“QT is not “basically over” on April 1. They still have $35B/mo coming off from mortgage-backed securities. They just slowed QT from $60B/mo to $40B/mo.”

Strategy Acquires 6,911 BTC To Take Holdings Past 500,000 

Michael Saylor’s Strategy (previously MicroStrategy) has announced the acquisition of 6,911 BTC, taking its total BTC holdings to 506,000. Strategy Founder Michael Saylor announced the purchase, revealing the firm had made its latest acquisition for $584 million. 

“$MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of 7.7% YTD 2025. As of 3/23/2025, @Strategy holds 506,137 BTC acquired for ~$33.7 billion at ~$66,608 per bitcoin.”

According to a disclosure filing with the Securities and Exchange Commission, Strategy made the purchase at an average price of $84,529 per BTC. The latest purchase takes Strategy’s BTC yield to 7.7% YTD. The purchase comes after the company announced plans to raise additional capital to fund Bitcoin purchases

Bitcoin (BTC) Price Analysis 

Bitcoin (BTC) is rallying during the current session as Bitcoin bulls set their sights on $90,000. Market sentiment has changed dramatically after reports the next round of Trump tariffs, due April 2 could be more measured and targeted than initially expected. As a result, BTC gathered momentum, with investor appetite returning, taking the price past $88,000. Trump’s tariffs substantially impacted the market in February, sending stocks and crypto plummeting. BTC registered a substantial decline at the time, dipping below $80,000. The Federal Reserve also revised inflation targets and downgraded growth figures due to Trump’s aggressive trade policies. 

BTC’s jump also impacted altcoins, leading to a significant jump in prices. Popular crypto trader Daan Crypto stated, 

“I think this next week will be telling where the market wants to head for the next higher timeframe move.”

Rekt Capital also reiterated encouraging signs of a breakout on the daily timeframes of BTC’s Relative Strength Index (RSI), stating, 

“The Daily RSI is showcasing early signs of retesting the Downtrend dating back to November 2024 as new support.”

BTC ended the previous weekend on a bearish note, dropping over 2%, slipping below the 200-day SMA, and settling at $82,611. However, the price recovered on Monday, rising almost 2% and settling at $84,016. Despite the positive start to the week, BTC was back in the red on Tuesday, falling to an intraday low of $81,187 before settling at $82,725, ultimately registering a drop of 1.54%. Markets rallied on Wednesday following the FOMC meeting. As a result, BTC surged over 5%, moving above the 20 and 200-day SMAs and settling at $86,875. However, the rally lost momentum on Thursday, and BTC dropped over 3%, slipping below the 20 and 200-day SMAs and settling at $84,215.

Source: TradingView

Price action remained muted on Friday as BTC registered a marginal decline. Sellers retained control on Saturday as BTC registered another marginal decline and settled at $83,822. However, sentiment changed on Sunday as risk appetite returned. As a result, BTC registered an increase of almost 3% to move past the 20 and 200-day SMAs and settle at $86,116. The current session sees BTC up over 2% as it reached a high of $88,824 before moving to its current level. Bitcoin bulls are eyeing the $90,000 level, and if buyers retain control, BTC could break past the key psychological level. A break past this level could set BTC to $100,000. The RSI is above the neutral zone, while the MACD is bullish, indicating buyers have the upper hand.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.