TLDR

• Bitcoin has rebounded to around $85,000, up 6.79% over the previous week
• Corporate Bitcoin holdings have increased 16.1% in Q1 2025, reaching 689,000 BTC worth $56.7 billion
• US Treasury liquidity injections of over $500 billion since February may be supporting the price rise
• Technical analysis shows bullish trend, with potential targets of $90,000 in the near term
• Bitcoin faces resistance at $85,500, $88,000, and $92,000 levels according to chart patterns

Bitcoin is currently holding steady above the $85,000 level after bouncing back from last week’s decline to $74,500. The largest cryptocurrency in the world has shown weekly performance increase of about 6.79%, the highest since January 2025.

Bitcoin Price on CoinGecko

The price recovery appears to be supported by several macroeconomic factors. One major driver is the massive cash infusion from the US Treasury.

Since February, the Treasury has injected over $500 billion into financial markets. This comes after reaching the $36 trillion debt ceiling on January 2, 2025.

The Treasury is drawing from the Treasury General Account (TGA) to support government operations. This liquidity explosion has increased the net Federal Reserve liquidity to $6.3 trillion.

Financial analyst Lyn Alden claims that Bitcoin has moved in line with global liquidity 83% of the time over any given 12-month period. This makes Bitcoin something of a “Global Liquidity Barometer.”

Some analysts estimate that if debt ceiling negotiations last beyond August, net liquidity might rise to a multi-year high of $6.6 trillion. This could provide a strong favorable environment for Bitcoin.
 

Growing Institutional Adoption

Corporate Bitcoin holdings have seen a major increase in the first quarter of 2025. According to crypto fund issuer Bitwise, Bitcoin held on publicly traded companies’ books grew by 16.1% in Q1.

Public companies added 95,431 BTC for the quarter. This brings their overall count to around 689,000 coins.

By the end of Q1, these holdings’ combined value reached $56.7 billion. This represents a 2.2% rise in value at a price of $82,445 per BTC.

Companies are buying bitcoin, Q1 2025 edition. pic.twitter.com/qZc62N8vu5

— Bitwise (@BitwiseInvest) April 14, 2025

The count of public companies owning Bitcoin climbed to 79, with 12 companies making their first Bitcoin acquisitions during Q1.

Hong Kong construction company Ming Shing emerged as the largest first-time buyer through its subsidiary Lead Benefit. They purchased 833 BTC in total—500 BTC in January followed by an extra 333 BTC in February.

Video platform Rumble also joined the corporate Bitcoin holders with a purchase of 188 BTC in March.

Japanese investment company Metaplanet revealed on April 14 that it had bought an extra 319 Bitcoin at an average price of around $82,770 per coin. With overall holdings of 4,525 BTC, now valued at $383.2 million, this acquisition confirms Metaplanet’s position as the tenth-largest public corporate Bitcoin holder worldwide.
 

Technical Outlook and Price Targets

The price behavior of Bitcoin points to a possible short-term bullish path. After forming yearly lows at $74,500, BTC recovered 15% to $86,100 during April 9–13.

Trading resource material indicators showed that Bitcoin has stayed bullish above its 50-weekly moving average. It also remains above the quarterly open of $82,500, suggesting lower chance of revisiting past weekly lows.

There are liquidity constraints at $88,000 and $92,000 according to technical analysis. The view shows opposition between the current trend line and the 200-day moving average.

Should Bitcoin be able to clear these obstacles, a near-term trend approaching $90,000 seems logical.

Some experts have set a more ambitious target of $137,000 by July-August 2025. This is based on a bullish pennant pattern on the daily chart.

For this to happen, Bitcoin must break and hold above its 200-day exponential moving average (EMA). It would also need to overcome resistance from the 50- and 100-day EMAs.

On the hourly chart, there is a connecting bullish trend line forming with support at $84,200. Immediate resistance is near the $85,000 level, with the first key resistance near $85,500.

If Bitcoin can close above $86,200, the price could rise further and test the $87,500 resistance level. Any additional gains might send the price toward the $88,000 level.

However, if Bitcoin fails to rise above the $85,500 resistance zone, it could start another decline. Immediate support is near $84,200 and the trend line. The first major support is near $83,200, followed by $82,200.

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