$BTC what to expect in next few days.
Bitcoin’s performance leading up to the April 10, 2025, CPI release will depend on several key factors, including macroeconomic trends, investor sentiment, and regulatory developments. Here’s an outlook based on current conditions:
1. Short-Term Bearish Pressure (Next Few Days)
• Tariff Impact: President Trump’s recent announcement of broad tariffs has already caused a risk-off sentiment in the markets. This has led to a decline in stocks and crypto.
• Market Uncertainty: Investors might continue to de-risk in anticipation of further economic turbulence, keeping BTC under pressure.
2. Potential for a Recovery Before CPI Release
• Rate Cut Speculation: If Federal Reserve officials signal openness to interest rate cuts before April 10, crypto markets might see a temporary rebound.
• Institutional Buy-in: Large investors could accumulate BTC at lower prices, expecting a relief rally after the CPI report.
3. Key Levels to Watch
• Support Level: If BTC continues its downward trend, key support is around $80,000 and then $78,500.
• Resistance Level: If sentiment improves, BTC could retest $85,000 - $87,000 before CPI.
4. Market Sentiment Factors to Watch Before April 10
• Stock Market Movements: If equities stabilize, BTC might follow suit.
• Fed Commentary: Any dovish stance from the Fed could push BTC higher.
• Geopolitical Risks: Further tariff escalations or global tensions could keep BTC volatile.
Conclusion
In the short term, BTC may stay under pressure but could see a bounce as traders position themselves ahead of the CPI release. If inflation data comes in lower than expected, Bitcoin could see a stronger rally post-April 10.