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Bitcoin Price Prediction for April 2025: Coin Bureau CEO says BTC could repeat 360% breakout pattern from 2017

03/31/2025 19:41:00 GMT|ByIbrahim Ajibade

Bitcoin consolidates around $82,000 on Monday, on course to close the month with a mild 3% drop from the $84,400 opening.

Coin Bureau Nic Puckrin shares exclusive insights on Bitcoin's market outlook as Q2 2025 kicks off.

Upward-sloping Coinbase BTC Premium Index signals strong buying support among US investors amid tariff concerns.

Bitcoin price stabilized at the $83,400 mark on Monday, down 2% from the March opening price of $84,430. After posting 18% losses in February, BTC is on course to end March in red with another 2% haircut. Citing historical trends and critical on-chain data trends among US investors, CoinBureau CEO and ex-Goldman Sachs analyst Nic Puckrin makes bold predictions of a new BTC price all-time high in April 2025.

Question 1: Bitcoin has become increasingly correlated to US stocks, what does this mean for near-term price action?

Nic Puckrin: "A large proportion of Bitcoin investors weren’t around in 2017 – and for those that were, it feels like a different century because the crypto market moves so quickly.

For those who were watching the charts back then, though, Bitcoin’s current sideways consolidation pattern looks eerily similar to what we saw in fall 2017.

Back then, the leading crypto asset also spent several months consolidating around the $4,000 mark, before exploding some 360% from roughly $4,300 in October 2017 to its then all-time high of $19,800 in December.

And there’s a high chance we may see a similar trend playing out now, as long as Bitcoin manages to correct its recent divergence from the 2017 trading pattern.

This isn’t just speculation based on overlaying one chart over another.

The economic backdrop and sentiment look similar to 2017. Then, the sideways movement was driven by escalating fear, uncertainty and doubt (FUD) as China banned crypto initial coin offerings (ICOs) – the key driver of the 2017