April 2025 Bitcoin Market Analysis, covering price fluctuations, correlation with gold, future predictions, influencing factors, and investment advice.
1. Bitcoin Price Fluctuations and Reasons: In April, Bitcoin's price fluctuated between $83,000 and $85,200, without breaking the resistance level of $86,000. Macroeconomic factors such as the number of US unemployment benefit applications, Federal Reserve policies, comments from Trump, and European Central Bank interest rate cuts affected market sentiment and Bitcoin prices. Technically, Bitcoin is at a critical 'turning point,' and different analysts have varying opinions on its trend.
2. Bitcoin's Correlation with Gold: On April 17, gold prices rose to a new high of $3,357. Historical data shows that after gold reaches a new high, Bitcoin usually breaks its previous high within 100 to 150 days, as seen in the market performances of 2017 and 2020. This correlation arises from their complementary roles during periods of economic uncertainty and is related to the maturity of the Bitcoin market.
3. Future Predictions for Bitcoin: Anonymous analyst apsk32 predicts that based on the 'power law curve time profile' model, Bitcoin will experience parabolic growth in the second half of 2025, with a target price of $400,000. The Bitcoin halving effect and institutional accumulation also support its long-term optimistic outlook, although there are risks such as 'expectation overextension.'
4. Policy Factors Influencing Bitcoin: US tariff policies are driving global inflation, which may lead the Federal Reserve to restart quantitative easing, reinforcing Bitcoin's anti-inflation properties and highlighting its decentralized advantages. However, tariffs also trigger market fluctuations, resulting in significant price volatility for Bitcoin.
5. Investment Advice: Investors may consider a combination of physical gold and mainstream cryptocurrencies, while paying attention to emerging market bonds. Bitcoin's long-term value is influenced by regulation and technology, with 2025 to 2026 potentially being a critical period.