Current Status (as of April 7, 2025):
BTC Price: ~$77,911
Trend: Down 4.8% from the previous close
Recent High: ~$81,903
Recent Low: ~$74,561
Market Sentiment & Predictions:
1. Bearish View (Downtrend Expected):
Tracy Jin (COO, MEXC Exchange):
Due to rising geopolitical tensions (especially U.S. tariffs and global market instability), BTC could drop to:
$76,000–$78,000 by the end of April
Possibly fall further to $52,000–$56,000 in summer if tensions continue
[Source: Barrons]
2. Bullish View (Uptrend Expected):
CoinCodex Forecast:
Predicts BTC will rise 38.22% and reach around $116,112 by the end of April.
[Source: CoinCodex]
Analysis:
These opposing predictions reflect high uncertainty in the crypto market. Bitcoin's direction depends heavily on:
Global political events
U.S.
financial policy
Institutional investment
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