Bitcoin’s Bullish Surge: Price Prediction for April 21, 2025

Bitcoin is experiencing a significant price increase today, surging past $87,500 and exceeding the previous resistance level at $83,061. The current breakout suggests a shift from a range-bound market to an upward trend driven by expanding DeFi applications and increasing institutional investment. The bullish momentum is supported by indicators like the MACD, which has shown clear crossover signals with rising histogram bars. This technical confirmation is further backed by positive macro factors such as institutional inflows and growing anticipation of the upcoming Bitcoin halving cycle.