Bitcoin decreases to 81.5 thousand dollars, where future futures are sold in the United States before the “Tahrir Day” tariff for Trump
Bitcoin appears to be ready to open up to celebrate the last day of March and perhaps weakened the performance of the first quarter since 2018.
Anxiety from encryption traders and stocks on the new wave of US President Donald Trump is one of the 25 % definitions on imported cars to the United States, the threat of customs tariffs on the pharmaceutical industry is clearly reflected in the current side of BTC. Trump’s repeated references to April 2 are “Tahrir Day” (the day when a clear number for “mutual definitions” in various countries will be appointed) as well as the confidence of merchants.
At the time of publication, the future contracts have already slipped to red, as Dow Futures fell 206 points and S&P 500 Futures by 0.56 %. As expected, the Bitcoin (BTC) price moved along with stock markets, and decreased to $ 81,656 on March 30 and is held on the seventh consecutive day from low levels.
Performing American futures markets on March 30. Source: X / Spencer Hakimian
After a tumultuous quarter, the stock markets appear to be closed for this month, with a decrease of S&P 500 by 6.3 %, NASDAQ and Dow registered 8.1 % and 5.2 % of losses.
Bitcoin fixed decline is a mixture of poor demand in immediate markets from merchants who visit new sites in the future BTC markets.
The basic personal consumption expenses in the past week (PCE) showed a higher increase in inflation, and consumer confidence data showed in a march from the conference council the monthly confidence index-a measure that reflects the expectations of respondents for income, business and job prospects-at a minimum of 12 years.
The current situation of the consumer of confidence and future expectations. source: Conference
Related to: Bitcoin Bottom “Possible” at 80 thousand dollars, opened the TON, CRO, MNT and Renina Ralle door
The possibility of stagnation also continues to rise, as a recent report from Goldman Sachs raised the possibility of recession for 12 months from 20 % to 35 %. In the report, Goldman Sachs analysts said,
“The upgrade from our previous estimate by 20 % reflects our decrease in our growth, and the recent severe deterioration in family confidence, business and data from White House officials refer to a greater willingness to tolerance with economic weakness in the short term in the pursuit of their policies.”
The possibilities of the American recession raised by Goldman Sachs. source: X / Peter berezin
Is the negative side of Bitcoin has a silver lining?
While many encryption analysts reviewed the Bulphare price estimates of six numbers, and they now expect to reconsider the slightest recovery in Bitcoin in the mid -$ 70,000 range, founding investors are still buying, and net flows to the investment funds circulating in the immediate period.
On March 30, Michael Celor X CEO Michael X and to publish The famous orange bitcoin chart, saying,
“It needs more orange.”
Bitcoin purchase strategy. Source: x / michael Sailor
Cryptoquant data also shows Bitcoin flows for accumulation of continuing headlines throughout the month.
BTC: Rutting flows. Source: Cryptoquant
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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