$BTC On April 4, 2025, the price of Bitcoin ($BTC ) shows a recovery after a previous decline, trading around $83,000.
Factors contributing to today's Bitcoin price increase:
• Purchases by Long-Term Investors: Data shows that long-term Bitcoin holders are increasing their holdings, indicating confidence in the potential of this asset despite market volatility.
• Expectations of Interest Rate Cuts: The market anticipates four rate cuts of 0.25 basis points each in 2025, which could enhance the appeal of riskier assets like Bitcoin.
Analysts' Predictions on Positive Trends: Some analysts predict the potential for a parabolic move for Bitcoin, supported by current market conditions and price patterns.