🔥Is it a bull comeback overnight? BTC surged to 97800, are retail investors chasing the price or taking profit? K Master’s April Spot all to da moon + Chan Theory Diagram Teaching 21 lectures👇

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The price of Bitcoin has been in a continuous downward trend since January, and the overall market conditions for cryptocurrencies have remained bleak. However, starting last night, BTC rebounded, reaching a peak price of over $97,800, which may signal that Bitcoin is beginning a new long-term upward trend.
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The current price of BTC is reported at 96,500 USD, with a daily high of 97,850 USD. The entire crypto market has also moved in sync with Bitcoin's price, with many cryptocurrencies recording double-digit gains. For a moment, the voices of the bull run are ringing everywhere. What has caused the crypto market to suddenly rebound significantly? How will the market trend in the future?
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🔥Is Trump going to put down the tariff stick? In the early hours, Trump stated that tariffs on Chinese goods would not be as high as 145%, and tariffs would significantly decrease, but not to zero. When asked if he would take a hardline stance against China, he stated he would not. Additionally, Treasury Secretary Basant hinted at a loosening of tariff policies during a closed-door meeting at JPMorgan. White House Press Secretary Levitt stated at a press conference that Trump's relationship with China is moving in the right direction.
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Today the market welcomes a compromise day: Trump seems to have made concessions on trade policy and the issue of Powell's position, leading stock index futures to rise accordingly; Musk also declared that he will gradually step back from the government efficiency department and return to Tesla's core business. That's how the market is; it will always force you to bow your head and surrender.
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The US dollar continues to recover some of yesterday's losses. Meanwhile, the stock market is strengthening, and there are also some small purchases in bonds. The market is eager to hear good news. Today's good news is that Trump remains silent on trade issues. This may lead some market participants to believe that he is eager to reach a deal, as well as anything that could reverse the market.
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🎉Concerns about the independence of the Federal Reserve in the financial markets. The tension between Trump and Federal Reserve Chairman Powell is escalating. Their differences mainly focus on the inflationary pressure caused by tariffs and the Fed's reluctance to cut interest rates, casting a shadow over the dollar. The dollar index, which tracks the dollar against a basket of currencies, has been falling since February, reaching its lowest point since 2022. Trump's public pressure on Powell and speculation that he may attempt to remove Powell or other Fed officials have heightened concerns about the Fed's independence—an essential pillar of the U.S. financial system.
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The potential consequences of the devaluation of the dollar on the global economy are difficult to predict, but one thing is certain: Bitcoin will be a major beneficiary. It is a decentralized, censorship-resistant currency, entirely governed by code, with a fixed supply schedule, and no central authority manipulating its issuance. As confidence in traditional currency systems continues to wane, the narrative surrounding Bitcoin becomes increasingly powerful.
If concerns about the independence of the Federal Reserve continue, Bitcoin may rise to historical highs. Due to its decentralized ledger, cryptocurrency serves as a hedge against risks in the existing financial system. This was reflected in U.S. Treasury risks after Trump hinted that he might dismiss Fed Chair Powell in hopes of lowering interest rates. The yield premium for investors buying long-term Treasuries over short-term Treasuries has significantly increased, benefiting Bitcoin.
Bitcoin has decisively broken through several months of downward trend, and when the technical downtrend is broken, a technical uptrend will emerge.
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🎉Bitcoin's market share has risen to a nearly four-year high. Today, Bitcoin's market share (BTC.D) surged to 64.61%, setting a new high since February 2021. The high Bitcoin market share indicates the silence in the altcoin market, but it also suggests that a bottom rebound is approaching. According to previous historical data, when Bitcoin's market share surged above 60% in November last year, altcoins began a small bull market. In 2019 and 2021, Bitcoin's market share also reached over 70%, followed by a magnificent rally.
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What is the future trend of BTC? In the long term, the institutional demand for Bitcoin from exchange-traded funds (ETF) and traders seeking to hedge macroeconomic risks may lead to Bitcoin's price doubling this year. The driving factors of institutional demand (including corporate Bitcoin buyers and exchanges) may continue to push positive price trends. Despite the rekindled optimism among investors and new hopes for easing tensions in US-China trade, the headwinds for Bitcoin's rise still exist and may limit its further increase. If market sentiment weakens, a market correction may occur.
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Due to the pressure on the economy from tariffs and policy uncertainty, the U.S. GDP in the fourth quarter will only grow by 0.5% compared to the fourth quarter of 2024. Currently, surveys of businesses and consumers indicate an economic slowdown, but official economic data has not yet shown this sign.
Economic indicators may begin to more clearly show signs of recession in the late summer. The evolution of data in recent weeks is consistent with the previous 'event-driven' slowdown in growth. However, it is still too early to draw strong conclusions from the currently limited data.
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Regarding the dynamics of China-U.S. trade, we have seen the China-U.S. trade game shift from "high-profile confrontation" to "high-pressure negotiations + step-by-step easing." We are currently still in a very uncertain period, with the market in a state of fluctuation rather than a trend—just oscillations, responses, and waiting.
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🎉 Today's panic index is 67, and the market turned greedy overnight. Bitcoin rushed directly to 9.78, in fact, this time it was a bit unexpected, but I didn't expect to touch it overnight. The short-term 9.7 position reduction, U.S. stocks opened higher, Japanese and South Korean stocks opened higher, Trump couldn't open Lao Bao, and the easing of tariff issues promoted the rise. In fact, the rise is not much, but the panic index is very strange, in the short term, put the profits in the pocket, and wait for the tariff problem to be solved and the interest rate cut signal is clear before it is too late

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