From Cointelegraph

April 20, 2025 10:15 PM:

Bitcoin prices surged above $87,400, reaching the highest level since late March. The asset has gained 16% since April 9 and reduced the distance from its peak price to 20%. Analysts predict a fall to $83,000 but Bitcoin defies expectations by breaking out of a range-bound channel since early March.

Gold and Bitcoin are aligning for the first time in years, with gold hitting all-time highs and Bitcoin breaking out. The US Dollar Index has declined 10% this year amidst global trade tensions. Analysts observe tech futures down, dollar down, gold at new ATH, and Bitcoin decoupling. Bitcoin defies predictions by defying a fall to $83,000 and successfully retesting support.

Read more at Cointelegraph: Bitcoin ‘breaking out’ as it retakes $87K after early April slump