Glassnode reported on April 16 that the overall economy is still unconfirmed, such as the reorganization of global trade relations, according to Onchain Analytics Glassnode on April 16.
However, he added that “the performance of solid assets is still great,” noting that Gold has ever rose and bitcoin, which exceeds $ 80,000 despite the opposite wind.
“One can consider this a great signal as the foundations of the financial system enter a period of transition and change,” analysts male.
The macroeconomic environment remains unconfirmed because global trade relations. However, the performance of solid assets is still noticeable, as gold rose to the new ATH from $ 3300 and #Bitcoin Holding higher than 80 thousand dollars. Discover more in the last week on the series:https://t.co/fwimuimruk pic.twitter.com/w4136o3dgx
– Glassnode (Glassnode) April 16, 2025
Gold in Ath
The revenues of the US Treasury fluctuating swinging from 3.7 % to 4.5 % have created a major disturbance in the financial markets, affecting both bonds and stocks. Step indexes and Vix reflect this high volatility.
Previous measures expect fluctuations in the American bond market, while the latter measures the expected fluctuations in the US stock market. Both reflect market stress. When they raise, investors are tense.
Bitcoin has witnessed the largest decrease in this course by 32 %, but this is still more moderate than previous sessions, indicating the confidence of the investor is stronger and flexible.
Glassnode reported that the average clouds for the current cycle are “largely shallow” from all previous cases. In addition, the corrections since 2023 have been shallow and more controlled in nature, “referring to a profile for the demand more flexible, and that many bitcoin investors are more willing to operate through market turmoil.”
Notice that profit and loss activities are “relatively balanced”, which leads to a relatively neutral rate of capital flow, which may lead to extensive unification.
Meanwhile, gold prices have reached Ever From $ 3,354 an ounce on April 16, after he gained 26 % since the beginning of this year as investors flee safe assets.
“Since the world adapts to changing trade relations, gold and bitcoin are increasingly entering the center of the lead as global neutral backfill.”
Bitcoin price expectations
Bitcoin reached the highest level during the day 85,300 dollars on Wednesday, but it fell since it traded by about 84340 dollars during a session on Thursday morning.
The original has been very limited at the price level during the past five days, and has been circulated inside a broader channel since the beginning of March.
The declining trend remains for three months intact, but it wanders, which may lead to a longer period of monotheism before any outbreak.
Better of stocks, at the present time.
If the shares maintain Nuking, I expect BTC to do what it does better, which is attached to the knees and then overlooks the downside. pic.twitter.com/x9eyskuaov
– Minemayne April 16, 2025
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