š BTC vs. Markets: Decoupling or Dead Cat Bounce?
Bitcoin reclaimed $91.5K this week (+23% from April lows) while stocks and the dollar faltered.Ā
Key drivers:Ā Ā
1. ETF Inflows: Spot BTC ETFs saw $381M inflows on April 22āthe highest since January.
2. Macro Hedge**: BTCās correlation with the S&P 500 dropped to 0.65 as Trumpās Fed pressure and trade wars spooked traditional markets .Ā Ā
3. Gold Rivalry: BTCās 10% April gain outpaced goldās 8%, cementing its "digital gold" narrative .Ā Ā
Caution: Low trading volumes and a neutral futures premium (6%) suggest skepticism.
Resistance at $93K is critical breaking it could target $100K+
š Trump Coin Analysis: Political Pump or Rug Pull?
The TRUMP coin is a high-stakes bet tied to Trumpās whims:Ā Ā
- Bull Case:Ā Ā
Ā Ā - Regulatory tailwinds (Trumpās pro-crypto executive order) .Ā Ā
Ā Ā - Adoption by Trump merch stores and integration with Truth.Fiās crypto ETFs .Ā Ā
- Bear Case:Ā Ā
Ā Ā - 80% supply unlock risk by 2028 .Ā Ā
Ā Ā - Ethical concerns over presidential promotion and insider holdings .Ā Ā
Price Targets: Analysts project $35 to $300 for 2025, but extreme volatility is guaranteed .Ā Ā
Pro Tip: Watch Trumpās May 6 Fed rate-cut demands a dovish pivot could boost crypto sentiment .Ā Ā
š® BTCās April Endgame:Ā
3 Scenarios to Watch
1. Fed vs. Trump: A rate-cut clash could spark volatility. A dovish Fed may propel BTC past $95K
2. ETF Momentum: Sustained inflows could fuel a $150K rally by EOY (per Coin Bureau) .Ā Ā
3. Technical Outlook:Ā Ā
Ā Ā Ā - Bullish: A close above $93K confirms a breakout, targeting $100K
Ā Ā Ā - Bearish: Failure risks a pullback to $88K support
Wildcard: US-China trade talksāany de-escalation could boost risk assets .Ā Ā
š¬ Engage with Us!
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