#BTCPrediction

What does the price action depend on to move in one direction or another?

As Enrique explained, April was a key month for consolidation in which investors sought clear signals after the U.S. GDP for the first quarter of 2025 contracted by -0.3% annualized, in contrast to the 2.4% growth of the previous quarter.

This data raised alarm signals in the market, as it occurred in an environment of contained inflation but with indications of possible acceleration towards 3% in the coming months. A figure like that, combined with an economic slowdown, could represent a significant challenge for monetary authorities and for risk assets like BTC.

The Artificial Intelligence sandbox has launched in Spain.

The analyst also pointed out that the geopolitical context adds an extra layer of complexity. Trade tensions between the U.S. and China have intensified, while the foreign policy of the Trump administration has added pressure with the implementation of historic tariffs. Although trade dialogues have been promoted with Asian powers like Japan, South Korea, and India, the recent conflict between India and Pakistan represents a new focal point of instability.

In this framework of uncertainty, Bazaldúa highlighted that, despite adverse conditions, institutional participation has been decisive for BTC to reach important resistance levels, trading as high as 97,000 USD. This behavior suggests that, while there is caution, institutional investors still see value in maintaining positions in the digital asset.

The key, according to Bazaldúa, will be how the market responds to the Federal Reserve's announcement regarding interest rates. If the Federal Reserve decides to maintain the current range between 4.25% and 4.50% but conveys a pessimistic message regarding inflation or extends the period without cuts, this could lead to corrections in the price of BTC, bringing it below 88,000 USD.