Based on the latest news and analyses available as of April 19, 2025, here are the key forecasts for the cryptocurrency market, particularly **Bitcoin (BTC)** and **Ripple (XRP)** for the coming week:
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### **1. Factors affecting Bitcoin (BTC):**
- **U.S. and China tariffs**: The U.S. has imposed a **245%** tariff on Chinese imports, which may drive investors to turn to Bitcoin as a safe haven due to fears of global trade disruptions. Some analyses indicate a potential "strong breakout" for Bitcoin if it surpasses the **$85,000** resistance.
- **Federal monetary policy**: Major economic reports will be released this week (such as employment and inflation indicators), which may influence the Federal Reserve's decisions on interest rates. Any hints at easing monetary policy may boost demand for Bitcoin.
- **Institutional support**: The Trump administration's announcement of the **U.S. cryptocurrency reserve** (including Bitcoin) previously injected **$300 billion** into the market, which may stimulate long-term confidence.
**Forecast**: The likelihood of Bitcoin rising to **$94,000** if positive indicators continue, with **$85,000** being monitored as a psychological barrier.
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### **2. Ripple (XRP) forecasts:**
- **Double bottom pattern**: Technical analyses suggest that XRP may see a bullish reversal after forming a **double bottom pattern**, with a potential target reaching **$10** if it surpasses the current **$3** level.
- **Regulatory and political support**: The inclusion of XRP in the U.S. cryptocurrency reserve has strengthened its position, with its price jumping by **35%** to **$3** after the announcement. It may also benefit from any positive developments in its partnerships with institutions like **SWIFT**.
- **Trading volume**: The trading volume of XRP has recently decreased by **20%**, which may indicate the market is waiting for major movements.
**Forecast**: The likelihood of XRP rising to **$5-7** during the week, with the need to surpass the **$3.5** resistance to gain momentum.
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### **3. Key events that could shake the market:**
1. **Speeches from Federal Reserve officials**: Statements from nine Federal Reserve officials may affect market sentiment, especially if they indicate a shift towards more flexible monetary policies.
2. **U.S. jobs report**: This will determine the strength of the economy and may affect Bitcoin's movements as a hedge asset.
3. **Tariff developments**: The ongoing impact of Trump's tariffs on mining companies may increase price volatility of currencies.
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### **4. Potential risks:**
- **Tariff pressures**: The costs of importing mining equipment from Asia may affect company profits, negatively impacting the crypto market.
- **Sharp volatility**: Currencies may experience short-term volatility due to speculation, especially as macroeconomic reports approach.
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### **Conclusion:**
It is likely that **Bitcoin** and **XRP** will witness an upward trend during the coming week, supported by:
- Supportive policies from the U.S. government.
- Improved market sentiment with anticipation of monetary policy easing.
- Positive technical patterns like the double bottom for XRP.
However, **economic reports** and **Federal Reserve statements** should be closely monitored, as any surprises could lead to a temporary correction.
