Bitcoin traders turn to $93K yearly open as BTC price hits 6-week high

Date: 2025-04-22

Bitcoin (BTC) hit six-week highs on April 22 as US trade war tensions emboldened crypto bulls.BTC/USD 1-hour chart with 200SMA. Source: Cointelegraph/TradingViewBitcoin lines up resistance flips around $90,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD above $91,000 after the Wall Street open — its highest since March 7.Bitcoin and gold benefited from increasing market nerves over how China, Japan and others would respond to US trade tariffs.XAU/USD set fresh all-time highs on the day, while BTC/USD faced a key bull market support trend line that has been acting as resistance since early March.BTC/USD 1-day chart with 200SMA. Source: Cointelegraph/TradingViewFor traders, the 200-day simple moving average (SMA) at $88,...

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