$BTC
Is Bitcoin Going to Fall More or Bounce Back?
As of April 9, 2025, Bitcoin is trading around $75,000, down nearly 29% from its January peak of $109,000. This drop is mainly due to global economic tensions caused by Trump’s aggressive 103% tariffs on Chinese goods, which have increased uncertainty in traditional markets. Experts are currently divided: some believe that if Bitcoin breaks below the key support level of $73,000, it could drop further to around $55,000–$57,000. Others suggest that market sentiment and long-term adoption trends could drive Bitcoin back up toward $88,000 if global confidence in crypto grows. For long-term holders, this dip could be a smart buying opportunity, while short-term traders should proceed cautiously due to ongoing volatility. In summary, Bitcoin may see more downside in the short run, but the long-term outlook remains strong if demand continues to rise.
