Bitcoin Price Rockets to $94K—Is This Just the Start?

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Arslan Butt

Crypto Writer

Arslan Butt

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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Last updated: 

April 22, 2025

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Bitcoin is trading around $94,200, extending a nearly 8% climb after reclaiming the $90,000 handle last week. The rally, driven by renewed institutional momentum and geopolitical alignment around crypto, has pushed BTC toward a key resistance near $95,100.

A clean breakout above this level could open the door toward $97,000 and possibly $99,700, although short-term exhaustion may invite brief consolidation.

On the technical side, the MACD remains bullish, while the 50-period EMA near $86,960 offers dynamic support. But as price action approaches the upper band of its rising channel, traders are cautious, watching for either breakout confirmation—or signs of pullback.

Wall Street and Web3: $3B Crypto Venture Gains Traction

Institutional conviction is again making headlines. A consortium led by Cantor Fitzgerald, SoftBank, Bitfinex, and Tether is reportedly behind a new $3 billion crypto acquisition company, 21 Capital, according to Financial Times.

The plan? Turn Bitcoin into a core treasury asset for a publicly listed vehicle—echoing MicroStrategy’s playbook.

The breakdown of the funding:

• Tether: $1.5 billion
• SoftBank: $900 million
• Bitfinex: $600 million

Bitcoin will be acquired directly and exchanged for shares in the new firm, taking advantage of regulatory clarity and a favorable policy backdrop under the Trump administration.

Although still in development, the project reflects rising confidence that crypto-native assets can anchor institutional capital structures—not just sit on the sidelines.

Although the strategy is not yet final, it calls for increasing bond and private equity funding in order to purchase more Bitcoin.

Malaysia Eyes Blockchain Leadership, Backed by Binance Founder

In Southeast Asia, momentum is also building. Malaysian Prime Minister Anwar Ibrahim confirmed a high-level meeting with Changpeng Zhao (CZ), the founder of Binance, to explore how blockchain could power financial innovation.

Their goal: position Malaysia as a leading regional hub for tokenized assets and digital finance.

According to the Prime Minister, regulatory agencies including the Central Bank and the Securities Commission are actively exploring policy frameworks to balance innovation with risk.

CZ later confirmed the meeting, calling the conversation “constructive.” For Bitcoin, this kind of government-aligned progress adds credibility—and global momentum.

Tesla Keeps Bitcoin, Musk Refocuses

Meanwhile, Tesla reported holding 11,509 BTC in its Q1 earnings, maintaining its crypto reserves despite a sharp year-over-year decline in earnings.

With Bitcoin now valued above $1 billion on Tesla’s balance sheet, the company continues to show long-term conviction—even as CEO Elon Musk steps back from political roles to focus on Tesla operations.

Tesla’s decision not to sell, despite macro headwinds, may offer a degree of stability in a market still prone to volatility. The recent rule change allowing Bitcoin to be marked at fair market value only strengthens its appeal as a treasury asset.

BTC Trade Outlook: Watch $95K, But Stay Measured

Bitcoin is now trading in a zone that could dictate the next leg. A confirmed breakout above $95,100 with volume may target $97,000, and if momentum holds, a push toward $99,700 isn’t out of reach.

However, a rejection here could prompt a healthy retest of support near $92,600.

Trade Plan

• Stop Loss: Below $90,700
• Buy Breakout: Above $95,100 with strong volume
• Buy Dip: Near $92,600 with bullish signals
• Targets: $97,000 → $99,700

Wait for confirmation—especially in this zone. With institutional flows heating up, it’s clear the Bitcoin narrative is entering a more mature phase. The next move could set the tone for Q2.

BTC Bull Token Presale Nears $4.92M with 84% Staking Yield—Price Hike Ahead

With Bitcoin trading around $95,000, investor appetite for BTC Bull Token ($BTCBULL) continues to surge. The Ethereum-based meme coin—backed by real Bitcoin reward mechanics—has now raised $4.8 million, approaching its next price milestone at $5.64 million.

This is not the end of the presale, but a checkpoint before the token price rises again from the current $0.002475.

Staking Offers 84% APY + Bitcoin Payouts

One of the biggest draws of $BTCBULL is its 84% APY staking program. Investors can stake tokens at any time, earn high-yield rewards, and still maintain flexibility by unstaking whenever they choose.

Current Staking Stats:

• Annual Yield: 84% APY
• Total Staked: 1,252,015,807 BTCBULL
• Unstake Anytime: Yes

This dual-reward model—staking yield plus Bitcoin airdrops—makes $BTCBULL more than just another meme coin. It’s earning utility with upside exposure, and that has helped it gain traction among seasoned crypto investors and meme coin enthusiasts alike.

Staking Snapshot:

• Annual Yield: 85% APY
• Total Staked: 1,235,352,755 BTCBULL
• Unstake Anytime: Yes

Whether you’re a long-term holder or a passive earner, this dual-reward structure enhances the token’s appeal beyond just meme coin hype.

Latest Presale Stats:

• Token Price: $0.002475
• Raised So Far: $4.92M

With limited time remaining and demand accelerating, this is a key window to secure BTCBULL at presale rates before the next price jump.