On April 22, the price of the first cryptocurrency surpassed $90,000, reaching levels of early March. As of the evening, according to Coinmarketcap, the price of the first cryptocurrency reached $90544. The asset rose by 2.3% overnight.
Earlier on April 22, analysts told Cointelegraph that the price of BTC met serious resistance at $90,000. Sellers’ pressure prevented the rate from rising, but as a result, the coin overcame an important psychological mark.
According to Julio Moreno, head of research at CryptoQuant, the next test for the bulls maybe $91-92 thousand.
CoinDesk notes that key technical resistance levels are still ahead, with Bitcoin slightly below several critical marks. These are $91,565, the average cost of buying a bitcoin in 2025, and $92,385, the real price of buying a bitcoin by a short-term holder (less than six months).
The report said that historically, bitcoin tends to enter a sustained bull market when it trades above these key technical levels.
Amid the rate’s rise over the past four hours, traders who opened short positions against Bitcoin have collectively lost more than $56 million due to forced liquidations, according to Coinglass.
Other major cryptocurrencies showed growth. The total capitalization of the crypto market rose to $2.81 trillion, adding 2.7% per day.
Ethereum (ETH) rose by 1.9% to $1.64 thousand, Dogecoin (DOGE) grew by 5%, and Solana (SOL) by 4%.