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Reading: Bitcoin Price Holds Above $84,000 Amid Institutional Support and Bullish Setup
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Thecryptonewshub > Blog > Crypto News > Bitcoin > Bitcoin Price Holds Above $84,000 Amid Institutional Support and Bullish Setup
Crypto NewsBitcoin

Bitcoin Price Holds Above $84,000 Amid Institutional Support and Bullish Setup

William
Last updated: April 14, 2025 3:25 pm
William
Published: April 14, 2025
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Bitcoin price holds above $84,000 with bullish signals
Bitcoin price holds above $84,000 with bullish signals

Bitcoin Price Holds Above $84,000 as MicroStrategy and Kiyosaki Back Bullish Sentiment

Bitcoin price holds above $84,000, showing strong recovery from last week’s dip to $76,000. Buyers have taken control again, with support from an ascending trendline and the 50-period EMA at $82,530 keeping momentum intact. The technical setup is still bullish, signaling possible upside in the near term.

Among the greatest confidence enhancers? MicroStrategy is back on its BTC purchasing binge. The company added 22,048 BTC on March 31, bringing its total holdings to an astounding 528,185 BTC. This gives them an unrealised profit of more than $8.6 billion—a significant indication of strong institutional confidence in the long-term worth of Bitcoin.

Read More: FDUSD Stablecoin Attestation Report Confirms Full Reserve Backing Amid Fraud Claims

Though Bitcoin fell below $80,000 during more general market downturn, it fast recovered. MicroStrategy’s continuous accumulation backs the theory that significant participants are taking use of declines as purchasing chances. This clarifies Bitcoin’s role as a hedge against macroeconomic unpredictability.

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Gold-backed cryptocurrencies as Tether Gold (XAUT) and Paxos Gold (PAXG) are leading the race in 2025 with 23–24% returns. Investors seeking safe-haven assets are drawn to these tokens supported by actual gold. Driven by worries of inflation and U.S.-China trade concerns, conventional gold has also skyrocketed.

Bitcoin, meanwhile, is still very unusual. Rich Dad Poor Dad author Robert Kiyosaki keeps publicly supporting BTC. Encouraging individuals to safeguard their riches from fiat currency depreciation, he lately referred to Bitcoin as “the people’s money.” Kiyosaki claims that for negotiating unpredictable times, Bitcoin, gold, and silver are necessary “non-sovereign assets.”

Technically, Bitcoin is now stabilising above $84,000. With an RSI of about 60, there is space for more increase before it becomes overbought. $86,110 is the resistance; $83,243 is the strong support. A breakout over that level might push BTC towards the $88,500–$88,567 zone.

Trade Setup

  • Entry: Buy above $86,200 (wait for breakout confirmation)

  • Target: $88,500

  • Stop Loss: $83,200

Before starting long positions, new traders should wait for a strong candle closure above resistance. Protect against fakeouts by using a narrow stop-loss.

BTC Bull ($BTCBULL), a new presale token rewarding owners with actual Bitcoin, is creating waves in other headlines. Holders get BTC incentives as BTC reaches new price milestones. Attracting long-term investors, the enterprise also provides staking with a 119% APY.

BTC Bull is approaching its $5.3M presale goal with more than 882.5 million tokens staked and $4.6M collected thus far. Currently valued at $0.00246, the token’s demand is rising quickly.

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TAGGED:Bitcoin priceBitcoin Price Holds Above $84Bitcoin support and resistanceBTC Bull presaleBTC trading strategyBTCUSD technical setupgold-backed cryptoKiyosaki BitcoinMicroStrategy Bitcoin purchase
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