Bitcoin Price Up 2.73% in 7 Days — Can Bulls Overcome $90K Resistance?

Bitcoin social sentiment is heating up again. Santiment research indicates that traders on X and other platforms are becoming more optimistic as the Bitcoin price fluctuates around $85,000. The sentiment tracker on the site has entered bullish space, indicating that many traders anticipate that Bitcoin will regain the $90,000 level in the days ahead. Crypto influencers are predicting a strong rebound driven by macroeconomic fundamentals and enhanced market liquidity, even though price movement is still unpredictable.

Bitcoin Social Sentiment Turns Bullish: What the Buzz Is Saying

According to Santiment, Bitcoin-related social media activity turned bullish on April 16. It had a neutral sentiment score of 1.606 earlier in the week. Following that, it jumped to 1.973. Bitcoin shows signs indicating that traders expect a new upward movement toward $90,000. BTC last crossed that threshold on March 6. Since then, it has varied between $83,000 and $86,000, with price fluctuations raising the level of uncertainty.

Bitcoin briefly hit $86,000 in the last day before falling back to $84,390. Despite the price swings, Bitcoin social sentiment remains positive. Traders are placing faith in macroeconomic tailwinds and increased global liquidity to fuel Bitcoin’s next leg up.

Crypto Bulls Return: Traders Eye $90K BTC Breakout

Bitcoin’s recovery is gaining traction across social platforms. Well-known voices in crypto circles, such as Samson Mow, Ted, and Titan of Crypto, are expressing strong confidence in Bitcoin’s upside potential. Mow’s firm Jan3 said a $500,000 Bitcoin price “isn’t crazy,” while trader Ted pointed out that global liquidity trends suggest capital is poised to flow back into Bitcoin.

Meanwhile, Titan of Crypto cited Dow Theory to support the case for a continued BTC uptrend, emphasizing the pattern of higher highs and higher lows. However, not all sentiment trackers agree. The Crypto Fear & Greed Index currently shows a “Fear” rating of 30/100, indicating lingering hesitation in the broader market.

Chart 1: Bitcoin is up 2.73% over the past seven days, published on TradingView, April 17, 2025

Another important data point is the $254 million in short positions that would be liquidated if BTC breaks above $85,000 again, according to CoinGlass. This setup may act as a price accelerator, potentially triggering a short squeeze. Despite BTC’s 11.82% drop in Q1 2025, its weakest first quarter in years, many traders see current Bitcoin price levels as a base for a future surge. Ether (ETH) also fell 45.41% in Q1, amplifying fears of a broader market cool-down. Still, optimism is creeping back in.

Tariffs and Tensions: Can Bitcoin Price Break Free?

The movement of Bitcoin in the upcoming weeks can depend on institutional activity and macroeconomic factors. Many investors have been holding back due to the uncertainty caused by geopolitical concerns. This is particularly due to the intensifying tariff wars between major economies. Nonetheless, institutional flows are being closely monitored by market observers. If global liquidity improves and Bitcoin reclaims the $90K resistance level, it could spark renewed momentum. Historical data suggests that BTC tends to perform well when macro pressure eases and capital inflows rise. The next leg up may begin not with retail hype, but with silent moves by whales and long-term holders.

Final Thoughts: Bullish Tweets or Real Momentum?

Bitcoin’s online buzz is heating up with bullish calls, but will Bitcoin price action follow suit? While traders are confident, mixed signals from fear indexes and choppy price movements suggest caution. Still, with $254 million in shorts on the line, growing Bitcoin social sentiment, and influential names backing a bullish thesis, BTC might just have the firepower to test new highs if macro conditions cooperate.