Veloria
@veloria
Based on recent market insights, Bitcoin (BTC) is experiencing volatility with signs of a potential trend shift. After a multi-month decline, posts on X suggest BTC may be nearing a bottom, with some analysts predicting a rebound in April-May 2025, potentially reaching $100,000 by year-end, driven by expected U.S. interest rate cuts and pro-crypto policies. However, others warn of a possible downward break due to recent ETF outflows and shrinking trading volume, indicating market indecision. Technical indicators show BTC oscillating in a descending channel, with a bullish divergence hinting at a breakout above $85,330. Yet, risks remain if global economic uncertainties persist or regulatory hurdles intensify. Investors should monitor ETF flows, on-chain data, and macroeconomic signals for clearer direction. Caution is advised as BTC’s next move hinges on breaking key resistance or support levels. 0 reply
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With the latest U.S. CPI data exceeding expectations on April 3, 2025, Bitcoin (BTC) and Ethereum (ETH) face potential short-term volatility. The CPI surge signals persistent inflation, which may delay Federal Reserve rate cuts, initially pressuring crypto prices downward as risk-off sentiment grows. However, BTC’s inflation-hedge narrative could spur buying, stabilizing or lifting prices mid-week. ETH, correlated with BTC, might mirror this trend, supported by its ecosystem strength.
Technically, a bullish MACD crossover (short-term line above long-term) could indicate upward momentum if buying persists, while a bearish crossover suggests a dip. RSI above 70 signals overbought conditions, hinting at a pullback, whereas below 30 suggests oversold potential for a rebound. Expect BTC and ETH to fluctuate early next week, with possible recovery if bullish signals dominate. 0 reply
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