Bitcoin
87,300 price was $87,200 at the time of writing. Fed member Barkin stated that they will wait for uncertainty to dissipate before taking action. By this time next week, we will learn whether the knots have been unraveled and what tariffs will bring us. Once the Fed finds clarity regarding tariffs, it will feel empowered to act. So, what are the expectations of experts in the field of cryptocurrency?
Cryptocurrency Predictions
We are nearing the end of uncertainty, and March was not a remarkable month. This expected period of resolution has predominantly passed with closed-door negotiations. Although the messages in recent days have become neutral, there were indications that a softening might occur this month.
On April 2, concerns regarding the extent of Trump’s tariffs will be resolved. Trump’s team has long been preparing for this, and clear tariffs are expected to be implemented without any need to “backtrack” in April.
A clear tariff policy is crucial, as Trump has portrayed an extremely ambiguous picture for months. We will learn the extent of responses from the EU, Canada, and China, should they choose to respond severely, by early April. As the uncertainty fades and the market digests the tariffs, it appears favorable for risk markets given that excessive fear is already priced in.
Expert Predictions in Cryptocurrency
In his evaluation today, Poppe expressed satisfaction with how swiftly declines prompted rebounds in BTC. As the month comes to a close, he argues that cryptocurrencies remain strong, anticipating a promising start to April and a bullish second quarter ahead.
Trader_XO commented:
“BTC seems dependent on Monday’s range. Es/nq trading has been solid this week. Aside from low time frame rotations in Monday’s range, there hasn’t been much movement in Bitcoin.”
“The likelihood of trading at Monday’s highs and even some levels remains high, and I probably won’t hold anything until the end of the month.”
Finally, Moustache, who shared the graph above, wrote that the expected period for altcoins is approaching, and everything is on track.
“TOTAL3 is following the path of previous cycles. Nothing is different, it just takes a bit longer. The biggest wave has yet to come. The market rewards those who are patient.”