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AMiR🔮
@amir61
There is still hope for Bitcoin to turn bullish, but it depends on several factors. As of April 7, 2025, the market is in a fragile phase with significant selling pressure. Analyses suggest that if Bitcoin can hold the key support level around $60,000–$65,000, it might be able to kick off a new upward trend. Factors such as institutional investment inflows, positive news about ETFs, or improvements in macroeconomic conditions (like lower interest rates) could reignite buying momentum. On the other hand, if this support breaks, there’s a chance it could drop further to around $50,000. On-chain data shows that long-term holders are still holding and haven’t started widespread selling, which is a relatively positive signal. Patience and close market monitoring are necessary.
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