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In recent days, it appears evident that the price of Bitcoin (BTC) seems to be heading once again towards the fateful psychological threshold of $100,000. The thing is curious, because instead many were expecting a drop towards the end of April, and a May still relatively difficult.  The recent rebound of the Bitcoin (BTC) price In fact, until mid-April, the descending phase that began in February seemed to still be in progress.  This phase had begun precisely with a return below $100,000, after the highs of mid-January, but it was not linear.  In fact, since then there have only been two individual peaks above $100,000, and a third attempt to approach this psychological threshold in the second half of February, but it failed.  However, observing the chart of the price of Bitcoin in this 2025, it is clearly noticeable that at the end of January a new phase characterized by a descending trend began, even though with ups and downs.  It is noted, however, that this trend stopped after April 8.  To tell the truth, at first even after April 8th it seemed that it could resume, but on April 21st there was the turning point.  In fact, the Dollar Index, which had already fallen below 100 points, on April 9th also fell below 99 points, somewhat unexpectedly, and this triggered a rebound in the price of BTC.  From the chart, it is clear that this rebound is still underway.  Bitcoin (BTC) aims towards $100,000 The last time the price of Bitcoin was above the psychological threshold of $100,000 was on February 7, and on February 21 it had stopped at $99,500. In fact, it was precisely since that February 21 that it had not returned above $97,000.  Yesterday, for a brief moment, it managed to climb back above $97,000,…

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Filed under: News - @ May 2, 2025 10:19 am