Long-term Bitcoin holders, those who kept their coins for over 155 days, have significantly ramped up selling. Historically, this activity suggests the market may have peaked and could be due for a correction soon, Coinlive reports.
Bitcoin and Ethereum exchange-traded funds (ETFs) are currently seeing strong inflows, signaling growing confidence in cryptocurrencies among institutional investors despite recent market volatility, CoinMarketCap reports.
Since the beginning of this week, the price of bitcoin has surged 10.73%. However, CryptoQuant suggests that this growth is unstable because it has not been accompanied by an increase in demand for the leading cryptocurrency.
Bitcoin has once again rewritten the history of financial markets by becoming the fifth largest global asset. Its market capitalization reached $1.86 trillion. This allowed the cryptocurrency to consolidate above the mark of $94,000 per coin and outperform Google.
Bitcoin prices keep rising as Donald Trump attempts to bring global trade tensions under control. The US President also stated his refusal to dismiss Fed Chair Jerome Powell. Trump's previous comments in this regard have triggered strong negative reactions from both officials and investors.
The European Central Bank (ECB) and the European Commission are striving to reach an agreement on cryptocurrency regulation across the bloc's member states. This effort is intensified by the aggressive promotion of the US digital token sector under the Donald Trump administration.
In January 2025, the Bitcoin price exceeded $109,000, setting a new all-time high, according to CoinMarketCap. Unlike past cycles, where similar growth took roughly 1.5–2 years, this rally was achieved in just 273 days post-halving.
Bitcoin may face increased volatility this week amid weak macroeconomic statistics from the US. The Conference Board's Leading Economic Index (LEI) points to a continued downturn, reinforcing fears of slowing GDP growth.
According to Bloomberg, bitcoin climbed to its highest price since Donald Trump's announcement of new import tariffs on April 2. The rebound came amid a decline in the dollar on renewed concerns about the US president's attempts to dismiss Federal Reserve (Fed) Chairman Jerome Powell.
Michael Turpin, founder of Transform Ventures, predicted a significant rise in the value of Bitcoin in an interview with TheStreet RoundTable. In his opinion, the price of the largest cryptocurrency could reach $150,000 to $250,000 by the end of 2025, and $1 million by 2033.
According to crypto-industry veteran Anthony Pompliano, founder and CEO of Professional Capital Management, lagging of bitcoin behind gold may soon be over. He says historical trends point to an impending surge in the main cryptocurrency's profitability.
Bitcoin is the first and most commonly used cryptocurrency in the world. It holds a prominent place in the digital economy and draws the attention of traders and investors. High volatility and a wide range of influencing factors make the forecasting of its price complicated and requiring complex analysis.
Successful bitcoin trading is based on analyzing market trends, fundamentals, and technical factors.
Key elements that determine the value of bitcoin include:
Major investors and funds also have a considerable impact on the movement of bitcoin prices. Their massive purchases or sales can cause sharp fluctuations in the exchange rate. In addition, the general sentiment in the crypto market determines the dynamics of BTC, creating periods of high activity and deep corrections.
Forecasting the price of bitcoin is a complex task, as it is formed under the influence of many factors. Successful trading strategies and investment decisions require a thorough analysis of the macroeconomic situation, politics, and investor sentiment.
