The US Dollar Index (DXY) plummeted below the 98 level on April 21, hitting a three-year low, causing gold to reach a new all-time high. Bitcoin (BTC) also displayed strength by exceeding $88,000. BitMEX co-founder Arthur Hayes believes it could be the final opportunity to purchase Bitcoin below $100,000, anticipating US Treasury buybacks that could significantly impact Bitcoin’s price trajectory. Whales have been accumulating Bitcoin since March, with the number of wallets holding over 1,000 Bitcoin rising from 2,037 in late February to 2,107 by April 15. The question remains whether Bitcoin bulls can maintain these higher levels and trigger a rally towards $100,000, with a focus on altcoins as well. Analyzing the market performance, the S&P 500 Index encountered resistance at the 20-day exponential moving average, with critical support at 5,119. On the flip side, the US Dollar Index continued its downtrend, potentially falling to 97.50, while the first sign of strength would be a breakthrough above 100.27. Bitcoin’s price surged, reaching a crucial resistance at the 200-day SMA, with support at the 20-day EMA. Ether remains in a downtrend, with resistance around $1,754 and potential support at $1,368. XRP has shown strength by surpassing the 20-day EMA and faces resistance at the 50-day SMA. BNB broke out of a downtrend line, targeting $645, while Solana is climbing towards the $148 to $153 resistance zone. Dogecoin clings to the 20-day EMA, Cardano aims to maintain above the 20-day EMA, and Chainlink closed above the 20-day EMA, eyeing the 50-day SMA. This article provides insights into the recent market trends but does not offer investment advice. Readers are encouraged to conduct their research before making any decisions.