Bitcoin is once again showing a bullish trend — in recent weeks, its price has returned to February levels, surpassing the $95,000 mark. A technical indicator — the crossover of the 20-day moving average above the 50-day — has become a catalyst for market optimism.

Analysts note that such “bullish crossovers” often precede sharp price increases. And while only 15% remains until a new all-time high of $109,000, the upward path is not guaranteed. In early April, Bitcoin fell below $75,000 amid fears of a global recession.

Now, the market is supported by news of a tariff pause and expectations of crypto-friendly policies from the Trump administration. Nevertheless, investors should remember Bitcoin’s high volatility: any deterioration in macroeconomic sentiment could cause a sharp drop in its value.

If positive momentum continues in the coming months and Bitcoin maintains its rally, a new all-time high could be reached by the end of the year.