🔥Will the bull return overnight? BTC surges to 95000, are retail investors chasing the price or taking profit? All Spot investments from Qingquan take off this month 👇


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The price of Bitcoin has been on a continuous downward trend since January, and the overall market conditions in the crypto space remain bleak. However, starting last night, BTC rebounded and rose, with the highest price exceeding 94,000 dollars, which may signal the beginning of a new long-term upward trend for Bitcoin.
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The current price of BTC is reported at $93,700, with a daily high of $94,050. The entire cryptocurrency market is also in sync with the price of Bitcoin, and many cryptocurrencies have recorded double-digit gains. For a moment, the sound of bulls returning is incessant. What is the reason for the sudden rebound in the crypto market? How will the market trend in the future?
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🔥Is Trump ready to drop the tariff stick? In the early morning, Trump stated that the tariffs on Chinese goods would not reach 145%, and the tariffs would decrease significantly, but not to zero. When asked if he would take a tough stance against China, he said he would not. Additionally, Treasury Secretary Basenet hinted at a loosening of tariff policies during a closed-door meeting at JPMorgan. White House Press Secretary Levitt stated at a press conference that Trump's relationship with China is moving in the right direction.
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Today the market welcomes a day of compromise: Trump seems to have made concessions on trade policy and the fate of Powell, leading stock index futures to rise; Musk also announced that he will gradually step back from the Government Efficiency Department to return to Tesla's main business. That's how the market is, it will always force you to bow your head and admit defeat.
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The dollar continues to recover some of yesterday's losses. Meanwhile, the stock market is strengthening, and there has been some small buying in bonds. The market is eager to hear good news. Today's good news is that Trump remains silent on trade issues. This may lead some market participants to believe that he is eager to reach an agreement and any possible developments that could turn the market around.
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🎉The financial market is concerned about the independence of the Federal Reserve. The tension between Trump and Federal Reserve Chairman Powell is escalating. Their differences mainly focus on concerns about inflationary pressures from tariffs and the Fed's reluctance to cut interest rates, casting a shadow over the dollar. The dollar index, which tracks the value of the dollar against a basket of currencies, has been falling since February, reaching its lowest point since 2022. Trump's public pressure on Powell, along with speculation that he may attempt to remove Powell or other Fed officials, has intensified worries about the Fed's independence—an essential pillar of the U.S. financial system.
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The potential consequences of the depreciation of the US dollar on the global economy are difficult to predict, but one thing is certain: Bitcoin will be a major beneficiary. It is a decentralized, censorship-resistant currency, entirely governed by code, with a fixed supply schedule and no central authority manipulating its issuance. As people's confidence in traditional currency systems continues to weaken, the narrative around Bitcoin becomes increasingly strong.
If concerns about the independence of the Federal Reserve continue, Bitcoin may rise to historical highs. Due to its decentralized ledger, cryptocurrency serves as a hedge against risks in the existing financial system. This was reflected in U.S. Treasury risks after Trump hinted that he might dismiss Federal Reserve Chairman Powell due to his desire for interest rate cuts. The yield premium of long-term Treasuries over short-term Treasuries has significantly increased, benefiting Bitcoin.
Bitcoin has decisively broken through months of downward trends, and when the technical downward trend is broken, a technical upward trend will emerge.
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🎉 Bitcoin's market share rose to a four-year high. Today, Bitcoin's market share (BTC.D) rose to 64.61%, the highest since February 2021. Bitcoin's high market share shows the silence of the copycat market, but it also represents that the bottoming out is coming. According to previous historical data, when Bitcoin's market share hit 60% in November last year, altcoins started a small bull market. In 2019 and 2021, the market share of Bitcoin stood at a high of 70%, and then ushered in a magnificent general rally.
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What is the future trend of BTC? In the long term, the institutional demand for Bitcoin from exchange-traded fund ( ETF ) and traders seeking to hedge macroeconomic risks could lead to Bitcoin's price doubling this year. Factors driving institutional demand (including corporate Bitcoin buyers and exchanges) may continue to propel positive price movements. Despite a resurgence of investor optimism and new hopes for easing US-China trade tensions, there are still headwinds for Bitcoin's rise, which may limit its further increase. If market sentiment weakens, a market pullback may occur.
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Due to the pressure on the economy from tariffs and policy uncertainty, the U.S. GDP in the fourth quarter will only grow by 0.5% compared to the fourth quarter of 2024. Currently, surveys of businesses and consumers indicate an economic slowdown, but official economic data has not yet shown this sign.
Economic indicators may begin to show a clearer picture of a recession in the late summer. The evolution of data in recent weeks is consistent with the previous 'event-driven' slowdown. However, it is still too early to draw strong conclusions from the currently limited data.
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Regarding the dynamics of China-U.S. trade, we have seen a shift in the China-U.S. trade game from "high-profile confrontation" to "high-pressure negotiations + gradual easing." Currently, we are still in a period of extreme uncertainty, with the market in a state of fluctuation rather than trend—just volatility, responses, and waiting.
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🎉 Today's fear index is 72, and the market turned greedy overnight. Bitcoin rushed directly to 9.4, in fact, this time it was a bit unexpected, I didn't expect to touch it overnight. The short-term 9.4 position reduction, U.S. stocks opened higher, Japanese and South Korean stocks opened higher, Trump couldn't open Lao Bao, and the easing of tariff issues promoted the rise. In fact, the rise is not much, but the panic index is very strange, in the short term, put the profits in the pocket, and wait for the tariff problem to be solved and the interest rate cut signal is clear before it is too late

#trump# #turbo# #sol# #eth# #btc#
BTC-0.3%
TRUMP0.77%
TURBO-1.18%
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