According to Trader Tardigrade, a long-term ascending channel pattern observed since 2023 indicates a short-term price target of $117,000 for Bitcoin (BTC). This technical analysis, based on established trendlines, highlights significant upward momentum for BTC and provides traders with a clear price projection for 2025, supporting ongoing bullish sentiment in the cryptocurrency market (source: Trader Tardigrade, Twitter, April 26, 2025).

According to WallStreetBulls, BTCUSDT is exhibiting a breakout on the 1-hour chart as Bitcoin tests key resistance at $94,984 after a sustained uptrend from $92,819.9. Volume is notably spiking, signaling strong bullish momentum and increasing the probability of a new local high if resistance is breached. Traders should monitor for confirmation of a breakout above $94,984, as this level acts as a significant pivot for directional moves. The surge in trading volume further supports potential for continued upward momentum, making this price zone critical for short-term trading strategies (Source: WallStreetBulls, Twitter, April 25, 2025).