Bitcoin’ Long Bullish Trend Strengthens Amid Worldwide Adoption
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Bitcoin’s Long Bullish Trend Strengthens Amid Robust Institutional Adoption Worldwide

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Azeez Mustapha

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Bitcoin’s long bullish trend strengthens amid robust institutional adoption worldwide. Institutions and industry experts are fueling optimism for Bitcoin’s future. Prominent figures like Adam Back and Joe Burnett have set high long-term targets. They envision Bitcoin reaching extraordinary levels by 2035. Educational institutions are also joining the movement. Scotland’s Lomond School now accepts Bitcoin for tuition and offers a curriculum that covers both Bitcoin fundamentals and Austrian economics.


Michael Saylor’s company has resumed its aggressive acquisition strategy after a brief pause. Recently, the firm purchased over 22,000 BTC, raising its total holdings above 528,000 coins. Data reveals a 26% surge in their Bitcoin investment, translating to more than $8.6 billion in unrealized gains. Although Bitcoin’s price recently dipped below $80,000, investors remain confident. Institutional buyers continue their steady accumulation, underscoring their belief in Bitcoin’s long-term growth potential and reinforcing the current bullish trend.

Key Bitcoin Levels To Watch – April 13

Bitcoin’s Long Bullish Trend Strengthens Amid Robust Institutional Adoption Worldwide

BTCUSD has broken above the descending trendline and is trading above the 9-day SMA (Simple Moving Average), signaling a shift in market structure toward bullish momentum. The recent sweep of the swing low followed by a strong rebound suggests liquidity has been captured and buyers are stepping in.

MACD (Moving Average Convergence Divergence) has flipped bullish, with the MACD line crossing above the signal line. Since the $85,010 resistance is cleared, price may rally toward the psychological level at $100,000.

BTCUSD Key Levels 

Resistance Levels: $85,010, $100,000, $108,400
Support Levels: $74,420, $66,780, $53,500

Bitcoin METRICS

Total Market Capitalisation: $2.67T
Bitcoin Market Capitalisation: $1.68T
Bitcoin Volume: $32.87B
Market Rank: #1

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