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$BTC Bitcoin Price Forecast: BTC shows weakness in bullish momentum Bitcoin price faced multiple rejections around its 200-day Exponential Moving Average (EMA) at $85,000 since April 13. BTC finally broke above this resistance level on Monday, rising 9.7% to close above $90,000. It continued rising and faced resistance around the $95,000 on Wednesday. At the time of writing on Thursday, it faces a mild correction and trades near $92,000. If BTC continues its pullback, it could extend the decline to find support around the $90,000 psychological importance level. The Relative Strength Index (RSI) on the daily chart reads 63 after being rejected around its overbought level of 70 on Wednesday, indicating fading bullish momentum. If the RSI falls below its neutral level of 50, Bitcoin’s price could experience a sharp decline
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$TRUMP Donald Trump remains one of the most polarizing figures in American politics. As the 2024 election cycle progresses, predictions about his future vary widely. If he secures the Republican nomination, his chances will largely depend on voter turnout, economic conditions, and the public’s perception of his legal battles. Trump has a strong and loyal base that could give him an edge in key battleground states, especially if voter dissatisfaction with the current administration grows. However, his controversial rhetoric and past actions continue to alienate moderates and independents. If these voters turn out in large numbers, they could tip the scale against him. International relations, economic stability, and social issues will also play a significant role. Ultimately, while Trump’s path to power is plausible, it is far from guaranteed and will hinge on a complex mix of strategy, events, and public sentiment.
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#BTCvsMarkets XStreet Log in Bitcoin Price Forecast: BTC corrects as increased profit-taking offsets positive market sentiment 04/24/2025 10:00:42 GMT | By Manish Chhetri Bitcoin Price Forecast: BTC corrects as increased profit-taking offsets positive market sentiment Bitcoin price faces a slight correction on Thursday after rallying 8.55% so far this week. US Bitcoin spot ETFs recorded an inflow of $916.91 million on Wednesday, its third straight day of inflows. Risk-on sentiment prevails as the Trump administration softens its tone on the Federal Reserve and trade tensions with China. The technical outlook suggests the pullback could be mild, with a rally toward $97,000 still on the cards. Bitcoin (BTC) is facing a slight correction, trading around $92,000 at the time of writing on Thursday, after rallying 8.55% so far this week. Despite the mild correction, institutional demand remained strong, as US spot Exchange Traded Funds (ETFs) recorded an inflow of $916.91 million on Wednesday, marking three consecutive days of gains. Moreover, the risk-on sentiment prevails as US President Donald Trump’s administration appears to be softening its tone on the US Federal Reserve (Fed) and trade tensions with China.
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