The price of Bitcoin (BTC) has rebounded by 6% to $91,264 from its low of $83,000 on February 27. This increase is attributed to easing trade tensions and renewed institutional confidence. Analysts are divided on whether this indicates sustainable growth or a temporary reprieve. The positive momentum in the Bitcoin market has also driven gains in altcoins such as Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE). Technical indicators on the BTC daily chart, including hammer patterns, suggest potential buying opportunities. Bitcoin's decline from its January peak to its February low was caused by institutional profit-taking, geopolitical tensions, and technical breakdowns. Its resurgence is attributed to tariff relief, institutional accumulation signals, technical re-entry patterns, and regulatory tailwinds. Bitcoin's 2025 price action reflects its maturity as a macro asset class, with predictions from institutions suggesting it could reach between $180,000 and $250,000 by that year. However, a more conservative forecast places it between $120,000 and $150,000.
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