Bitcoin Briefly Hits $88,000: What’s Next?
Posted On April 21, 2025
Bitcoin (CRYPTO: BTC) briefly tapped $88,000 in Monday trading, eliciting bullish calls from traders that cite a strong high-timeframe structure and improving macro backdrop.
What Happened: Crypto trader Astronomer flagged the move as significant, calling $88,000 a key target from his original bottom thesis.
Despite hitting this milestone, he has not opened short positions, citing a lack of meaningful sell walls, ongoing order book strength and continued whale-led accumulation.
Astronomer says the only short trigger would be a sweep of $88,700, signs of whale distribution and …
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