Bitcoin's price reached six-week highs on April 22, surpassing $91,000 amid rising US trade war tensions, which have fostered bullish sentiment among traders. This upward movement comes as Bitcoin approaches significant resistance around $93,000, its yearly open. Popular trader Daan Crypto Trades noted that reclaiming this level could confirm a trend reversal. Similarly, Keith Alan from Material Indicators emphasized the importance of this resistance, stating that the confirmation of the trend reversal would occur upon reclaiming the yearly open, potentially leading to several Golden Crosses in upcoming weeks. Despite the bullish indicators, some traders, including Roman, expressed skepticism about the sustainability of this price spike, suggesting that a breakout above $93K is necessary to reignite bullish momentum. Ecoinometrics also sounded a cautionary note, highlighting a divergence between Bitcoin's rise and the Nasdaq 100's decline, which historically can create macro headwinds for Bitcoin. Overall, while bullish signals are present, traders are advised to remain cautious and wait for confirmations before making significant moves.

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