Bitcoin Price Analysis: BTC Gathers Momentum As Trade War Tensions Ease
Bitcoin (BTC) extended its gains on Wednesday as its strong start to the week continues. The flagship cryptocurrency has surged over 9% in two days and continues to push higher, setting its sights on a move to $100,000. BTC’s recovery comes after Treasury Secretary Scott Bessent stated that a prolonged trade war with China was unsustainable.
BTC is up almost 6% over the past 24 hours and has crossed a key resistance level at $93,000 to trade at its current level of $93,840.
Metaplanet Targets 10,000 BTC By The End Of 2025
Metaplanet is planning to increase its Bitcoin holdings to 10,000 BTC by the end of 2025, according to CEO Simon Gerovich. The company has accumulated 4,855 BTC over the past year, making it Asia’s largest publicly listed Bitcoin holder and the 10th largest in the world. The CEO also addressed shareholder concerns about stock price volatility, adding that Metaplanet aims to generate long-term corporate value rather than short-term returns. Gerovich highlighted one KPI, Bitcoin holdings per share, which has risen 119.3% since the beginning of the year, surpassing the quarterly target of 35%.
Gerovich also credited the company’s financial strategy for unlocking an additional 2,174 BTC in value without relying solely on physical BTC purchases. Investor interest also registered a substantial increase along with Metaplanet’s BTC accumulation as shareholders grew from a modest 10,000 to 65,000. Institutional demand is also rising, highlighted by Metaplanet shares appearing in ETFs and other indexes. Gerovich has said the company plans to increase its BTC holdings to 10,000 by the end of the current year.
Bitcoin ETFs Rebound, Register $912M in Inflows
Spot Bitcoin ETF inflows rebounded to January levels as investor sentiment registered a dramatic recovery as concerns about tariffs and a global trade war eased. As a result, US spot Bitcoin ETFs registered over $912 million worth of net inflows on April 22, the highest daily investment in over three months, according to Farside investor data.
“Bitcoin ETPs just saw the largest daily inflows since January 21 in a dramatic improvement in sentiment.”
Investor sentiment recovered after President Donald Trump said that import tariffs on China would come down substantially, adopting a softer approach to negotiations. This de-escalation and surging ETF inflows combined to drive BTC past $90,000. Additionally, the US Dollar’s weakness could contribute to the growing demand for BTC. The US Dollar Index has declined over 9% since the beginning of 2025, dropping to a three-year low. Ryan Lee, Chief Analyst at Bitget Research, stated,
“Macro factors like a weakening dollar and rising gold correlation may reinforce Bitcoin’s appeal as a hedge against economic volatility.”
Bitcoin’s CME Futures Surge While Leveraged Short Positions Routed
The CME futures exposure has surged to 140,000 BTC, with premiums exceeding 9% for the first time since January 22, indicating improved investor sentiment and long-term demand. The report also stated that Open Interest rose by 5000 BTC over Easter, driven by an influx of activity from active market participants. As a result, Open Interest surged to a three-week high of 140,000 BTC.
BTC’s rise also triggered a wave of liquidations over the past 24 hours, with over $316 million liquidated out of which 94.8% were short positions.
Bitcoin (BTC) Price Analysis
Bitcoin (BTC) extended its gains past $94,000, rising almost 10% over two days after President Donald Trump downplayed trade tensions with China and adopted a softer tone during negotiations. Trump also added that he had no plans to fire Federal Reserve Chair Jerome Powell after markets reacted negatively to previous comments about the Fed Chair.
“It won't be that high. No, it won't be anywhere near that high. It will come down substantially, but it won't be zero.”
Additionally, Treasury Secretary Scott Bessent stated at an investor summit that he expects the trade war with China to de-escalate and believes a favorable deal can be concluded. The Treasury Secretary also said that a prolonged trade war was unsustainable.
BTC started the previous week positively, rising 1% and settling at $84,619 after reaching an intraday high of $85,861. The price rallied to an intraday high of $86,533 on Tuesday but lost momentum after reaching this level and fell to $83,703, ultimately registering a decline of 1.08%. Buyers returned to the market on Wednesday as BTC registered a marginal increase. The price continued to push higher on Thursday, rising 1.10% to cross the 50-day SMA and settle at $84,956. However, BTC lost momentum on Friday, registering a marginal decline and settling at $84,518.
Source: TradingView
Positive sentiment returned over the weekend as BTC rose 0.61% on Saturday and 0.24% on Sunday to settle at $85,240. Bullish sentiment intensified on Monday, and BTC surged past $87,000 to settle at $87,497, rising almost 3%. BTC surged nearly 7% on Tuesday as markets rallied, crossing the 200-day SMA and $90,000 to settle at $93,380. The current session sees BTC marginally up as buyers look to build momentum and cross the resistance at $95,000. With markets rallying, analysts expect BTC to cross $100,000 over the next few sessions. The MACD indicates strong bullish sentiment, suggesting BTC could continue its uptrend.
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.
Investment Disclaimer
