BTC Price Prediction: Technical Strength Defies Bearish Sentiment in Pivotal Market Phase
BTC Technical Analysis: Bullish Signals Emerge Despite Short-Term Volatility
BTCC financial analyst Ava notes that Bitcoin (BTC) is currently trading at 109,573.74 USDT, above its 20-day moving average (105,341.25), suggesting underlying strength. The MACD histogram shows a bullish crossover with a reading of 860.0004, indicating potential upward momentum. Bollinger Bands reveal price hovering near the upper band (111,770.35), which could signal overbought conditions but also reflects strong buying pressure. Ava believes if BTC holds above the 20-day MA, a retest of recent highs is likely.
Market Sentiment Mixed as Bearish Headlines Clash with Technical Resilience
BTCC financial analyst Ava observes conflicting signals in today’s news flow. While headlines warn of ’crypto winter’ and potential drops to $75K, the technical picture remains robust. Negative factors like miner underperformance and stagflation fears are balanced by institutional interest (Value Creation’s $700K BTC purchase) and long-term bullish narratives. Ava cautions that news-driven volatility may create buying opportunities for patient investors, as fundamentals continue improving despite short-term noise.
Tokyo-Listed Value Creation to Add $700K to Bitcoin Holdings
Value Creation (9238), a Tokyo-listed logistics and tech firm, plans to purchase an additional 100 million yen ($700,000) worth of bitcoin (BTC) over the next four months. The company had previously invested in about 200 million yen ($1.4 million) worth of BTC. The funds will come from surplus capital earmarked for future investments. This move is part of a growing trend in Japan, where several companies are adopting BTC as a treasury reserve asset. Metaplanet is the largest Japanese corporate holder with 4,525 BTC on its balance sheet.
Strive’s Matt Cole Urges Intuit to Reverse Anti-Bitcoin Bias
Matt Cole, CEO of Strive Asset Management, has written an open letter to Intuit CEO Sasan Goodarzi and board Chair Susan Nora Johnson urging the financial software developer to reverse its ’censorship policies’ and ’anti-bitcoin bias’. Cole, who recently persuaded GameStop to convert some of its cash reserve into bitcoin (BTC), cited a recent incident where Intuit’s Mailchimp email marketing platform disabled the account of the Trojan Bitcoin Club, a student organization, for mentioning the cryptocurrency in emails. Cole warned that Intuit’s policies threaten to destroy shareholder value.
Crypto Winter Arrives: Bitcoin and Top 50 Tokens in Bear Market
The crypto bull run may have ended, with the market poised for a winter characterized by prolonged losses and stagnation. According to Coinbase Institutional, the 200DMA model suggests that Bitcoin’s recent decline marks the start of a bear market cycle in late March. The COIN50 index, which includes the top 50 tokens by market capitalization, has been trading in bear market territory since the end of February.
Bitcoin Nears Capitulation as Short-Term Holders Face Deep Losses
Bitcoin’s (BTC) on-chain metrics are flashing a key signal, as the short-term holder (STH) MVRV ratio fell to 0.82, indicating market stress and capitulation. This level means short-term holders are down roughly 18% on average, a sign of significant pain. Historically, such deep MVRV drawdowns have marked periods preceding market bottoms and trend reversals.
Crypto Daybook Americas: Bitcoin Drop Deepens as U.S.-China Trade War Escalates
Cryptocurrency prices are down across the board over the last 24 hours amid a wider risk asset sell-off triggered by deepening U.S.-China trade tensions. The White House imposed new restrictions on chip exports to China, leading to a 2.2% drop in Bitcoin (BTC) and a 3.75% decline in the broader market measured by the CoinDesk 20 (CD20) index. Nasdaq 100 futures and S&P 500 futures also fell, losing more than 1% and 0.65% respectively. Bitcoin slipped below its 200-day simple moving average on March 9, suggesting the recent steep decline may indicate the end of the bull run.
Bitcoin at Risk of Dropping to $75K if $83K Support Breaks
Bitcoin’s (BTC) recovery rally has stalled, raising the risk of a bearish shift. The $86,000 mark has emerged as a resistance zone, with bulls failing to keep gains above that level. The 50, 100- and 200-hour SMAs indicate a bearish alignment, with a potential bearish crossover between the 50- and 100-hour SMAs on the horizon.
Bitcoin’s True Capitulation Zone Predicted at $65K
On-chain analyst James Check suggests that the true bottom for Bitcoin (BTC) may not be in place until after a capitulation event, which could see the price decline to the $65,000 area. This price level is considered the ’true market mean’ or the average cost basis for active investors. If BTC reaches this point, even long-term holders, including those who have held for five years, could face unrealized losses. Interestingly, this price aligns with Michael Saylor’s strategy, which has a similar cost basis of around $67,500.
Bitcoin Miners With HPC Exposure Underperformed in Early April
In the first two weeks of April, the performance of bitcoin (BTC) mining stocks was mixed. Pure play operators outperformed those with exposure to high-performance computing (HPC). Only MARA Holdings (MARA) and CleanSpark (CLSK) outperformed BTC during the period, while miners with HPC exposure, such as Bitdeer (BTDR), TeraWulf (WULF), IREN (IREN), and Riot Platforms (RIOT), underperformed. March was a good month for U.S.-listed miners, with increased capacity and token mining, but April’s first two weeks were not as positive. Network hashrate growth outpaced U.S. operator expansion, and the average BTC price declined.
Bitcoin Leads a Fundamental Shift in the Crypto Market
The first quarter of 2025 was a reality check for digital assets. While the year began with optimism fueled by the election of a pro-crypto U.S. president and expectations of a friendlier regulatory environment, macroeconomic challenges quickly came to dominate the narrative. Bitcoin briefly reached a new all-time high of $109,356 before ending the quarter down 11.6%, its second-largest quarterly decline since Q2 2022. Altcoins fared worse, with indices more heavily weighted toward smaller-cap tokens such as the CoinDesk Memecoin Index (CDMEME) and the CoinDesk 80 (CD80) declining by 55.2% and 46.4%, respectively.
CoinDesk Announces Eric Trump as Headline Speaker at Consensus 2025
Eric Trump, U.S. President Donald Trump’s second son, is set to appear at this year’s Consensus conference to discuss his vision to reshape bitcoin mining in the United States. Trump will talk about American Bitcoin, a new venture formed with Hut 8 where he serves as Chief Strategy Officer. Launched on March 31, American Bitcoin aims to become the world’s largest pure-play Bitcoin miner, targeting over 50 EH/s of mining capacity.
Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear
A modest bitcoin rally quickly reversed during U.S. afternoon trading hours on Wednesday as Federal Reserve Chairman Jerome Powell warned on the effects of President Trump’s tariff regime. Powell stated that the level of tariff increases is significantly larger than anticipated, likely leading to higher inflation and slower growth - a scenario of stagflation. The price of bitcoin (BTC) fell about 2.5% shortly after Powell’s remarks.
