Bitcoin 'breaking out' as it retakes $87K after early April slump
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Bitcoin prices have reached their highest levels since late March as the asset is on the verge of a breakout.
Bitcoin prices appear to be breaking out of an extended period of consolidation as the asset climbs to its highest level since late March.
Bitcoin (BTC) surged above $87,400 on April 21, its highest price since March 28, according to TradingView. It has climbed by more than $3,000 from an intraday low of just over $84,000 on April 20.
The asset has now gained 16% since its 2025 low of just below $75,000 on April 9, and the distance from its peak price has been reduced to 20%.
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