29TH APRIL LATEST CRYPTO NEWS DIGITAL MAGAZINE

Bitcoin broke through the $95,000 resistance on April 28, but bulls are finding it hard to hold that level. This tells us that bears haven’t backed off yet and are trying to keep control. Still, the fact that bulls aren't giving up much ground is a good sign it increases the chances of BTC making a run at the big $100K level. Another bullish factor is the return of institutional buying.

Last week alone, US spot Bitcoin ETFs saw a solid $3.06 billion in net inflows. While large inflows into ETFs have sometimes marked short-term tops, that's not always the case, so we can’t treat this as a sell signal on its own. Macro bulls like hedge fund founder Dan Tapiero are doubling down, with Tapiero posting on X that slowing economic data will likely push the Fed to inject more liquidity, which he believes could drive Bitcoin toward $180,000 by summer 2026.
Bitcoin is battling heavy resistance at the $95,000 mark, but the tight sideways action just below it is a classic sign that a breakout could be on the cards. The 20-day EMA is trending higher at $89,093, and the RSI is hovering near overbought territory—clear signals that bulls are still driving the momentum. If BTC closes above $95K, it could quickly push toward the $100K psychological barrier. Expect the bears to put up a strong fight there, but any dips after that will likely see buyers step in around $95K to try and flip it into support. That said, if Bitcoin fails to hold and dips below the 20-day EMA, the bullish setup starts to break down, and we might see the price fall back toward the 50-day SMA at $85,085.
Ether managed to close above the 50-day SMA at $1,792 on April 26, but the bulls couldn't keep the momentum going. The 20-day EMA at $1,719 becomes the key short-term support. If ETH bounces off that level strongly, it could reignite the rally toward the $2,111 breakdown zone. That’s a major level, and sellers are likely to put up a serious defense there. A clean breakout above $2,111 could flip the narrative and potentially drive ETH all the way to $2,550. However, if ETH breaks and closes below the 20-day EMA, it signals that bears still have the upper hand, and the pair might drop down to $1,537.

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