JiaMiYing
JiaMiYing|Apr 14, 2025 09:30
BTC: As of April 12, 2025, the current price of BTC is $84500; From a daily level perspective, a "small bearish candlestick" closed yesterday, with average trading volume, indicating limited market participation; At the weekly level, a "medium bullish line" is formed, indicating an increase in volume and a certain advantage for bullish forces. On chain data, low liquidity over the weekend has led to intensified price fluctuations, but the short-term upward trend continues. At the macro level, the recent continuous decline of the US dollar index has provided some support for Bitcoin. However, the misalignment of policy signals from the Trump team, such as repeated rumors of a 90 day suspension of equivalent tariffs, has increased market uncertainty. If the US dollar index further weakens, coupled with the potential impact of GDP data at the end of this month, it may bring more upward momentum to Bitcoin. Overall, there is still a possibility for Bitcoin to further rise in the short term, but it is currently only seen as a technical rebound after oversold, and the trend reversal still needs more confirmation. The information and data in this content are sourced from publicly available materials and strive for accuracy and reliability. However, we do not guarantee the accuracy and completeness of the information, and this content does not constitute investment advice. Therefore, we assume full responsibility for investing based on this information.
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