Bitcoin News: Miners Optimistic Under Trump, but Market Eyes Historical Cycle for Price Prediction

Bitcoin Miners See Growing Opportunity Under Trump

A Bitcoin miner from the Deep South explained how the industry was expanding exponentially at this year’s Mining Disrupt pre-party in Fort Lauderdale, Florida. He recalled buying a Ferrari with Bitcoin years ago, which he now regrets following the asset’s significant rise. Bitcoin surged to new highs after President Trump’s November victory.

Will Bitcoin Price Push Down To $45K? A Historical Cycle Analysis

Bitcoin ($BTC) markets are currently experiencing price volatility, similar to historical patterns. Current conditions suggest that BTC could establish its bear market low at around $45,000. This prediction is based on the significant market importance of the 4-year Simple Moving Average (SMA) indicator, which historically aligns with Bitcoin’s bear market bottoms.

Crypto Market on Edge as Trump Targets Russia With Tariffs

President Trump’s warning of new tariffs on Russia has sent shockwaves through the crypto market. His comments about slapping a 25% tariff on Russian oil have rattled markets instantly, causing Bitcoin to drop closer to the $80,000 line. Geopolitical stress and economic uncertainty are known triggers for sell-offs, and Trump’s words are sparking both. April 2 is circled on every investor’s calendar when Trump is expected to announce new tariffs, possibly against multiple trade partners, which could further rattle the crypto market.

Bitcoin’s $77K Dip Was A One-Time Event – Analysts

Bitcoin (BTC) sits at $82,582.99, up by 0.30% intraday, as of March 30th, 2025, over a week since the Fed announced it was slowing its Quantitative Tightening (QT) measure. Over the past seven days, it is down by 2.86%, suggesting that investors have an optimistic outlook about Bitcoin’s performance amid prevailing macroeconomic conditions. However, trade war fears and geo-political tremors remain and are likely to affect the crypto market. Bitcoin price was at $85,167 on March 20th, recovering from a steep drop to $77,000 just ten days before the Fed’s announcement. $77k was its lowest point since November, according to analysts. The plunge had rattled traders, but a Federal Reserve policy shift has sparked fresh optimism.

BTC Price Risks $62K Breakdown As Bulls Retreat

Bitcoin (BTC) price lost bullish momentum this week, falling 7% from a high of $88,060 on March 26 to $82,036 by March 29. This move resulted in $158 million in long liquidations, highlighting fragility in spot and derivatives markets. Meanwhile, gold surged to a record $3,087 on March 28, adding pressure to Bitcoin’s “digital gold” narrative. The decoupling between Bitcoin and traditional hedges triggered concerns among market participants. Koroush AK, a trader and researcher, described the recent rally as a “dead cat bounce” and noted that Bitcoin failed to close above $90,000 for five consecutive days.