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Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

cryptoweekly by cryptoweekly
April 28, 2025
in bitcoin, News
0

Bitcoin spot demand could taper off this week, but onchain and technical data highlight healthy fundamentals, which could pave the way to new all-time highs.

Key Takeaways:

Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued.

Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025.

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Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week

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Recent Posts
  • ‘Altseason is here’ — 5 Things to know in Bitcoin this week
  • Crypto funds post record $4.4B inflows as Ether ETPs break 2024 gains
  • ‘Rich Dad, Poor Dad’ author warns Bitcoin ‘bubble’ could burst soon
  • US bank lobby challenges crypto firms’ bids for bank licences
  • Ethereum’s Fusaka upgrade set for November, Glamsterdam planning next
  • Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge
  • Ethereum is scaling: TPS, gas limit up as validators back 45M target

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