Bitcoin, ethereum to finish Q1 in red, “vertical swing”
Bitcoin and Ethereum are preparing to suffer from the worst first quarter in the years unless they can get rid of a large gathering in the next few days.
Eter (ETH) decreased by 37.98 % so far during the first quarter of 2025, the worst decrease in the first quarter since 2018, when 46.61 % decreased, According to To Coinglass data. Meanwhile, Bitcoin (BTC) decreased by 6.49 % so far during the quarter, which is scheduled to end on March 31 – on the occasion of its worst performance in the first quarter since 2020, when it witnessed a decrease of 10.83 %.
It is unlikely that the green encryption market was expelled before the end of the quarter
“The vertical swing at the end of the quarter seems unlikely.”
Al -Atheer recorded an average return of 78.23 % in the first quarter of each year since 2017. Source: Coinglass
Hundal said the encryption market “will fly a little blind” until mid -April, when the broader market should have been better for US President Donald Trump’s tariff plans.
“The economic data shows a global economy in good condition,” he said.
Some analysts say it may be just weeks before you see Bitcoin the next important gathering.
Crypto Coatatorator Colin Talks Crypto He said In a publication on March 19, Bitcoin may start in the “Next Bang the Next Bang” around April 30. Meanwhile, SWAN Bitcoin CEO, Corrie Klypston, said earlier this month that there are more than 50 % of the Paikoin that will reach its highest levels before the end of June.
The first quarter was historically stronger in eitharism and the second best in Bitcoin. Since 2017, the average number of ether was 78.23 % in the first quarter, while Bitcoin has seen an average return of 51.62 % since 2013.
At publication time, Bitcoin is trading at $ 87,558, while ETHER is trading at $ 2059, an increase of 5.08 % and 5.88 % over the past 24 hours, respectively.
Meanwhile, the percentage of ETH/BTC – which shows the relative power of Bitcoin – is at its lowest point since May 2020, which sits at 0.2348, According to To TradingView Data.
The ETH/BTC ratio sits at 0.02348 at the time of publication. source: Tradingvief
The remainder of the encryption market followed the lower direction of the largest cryptocurrency in the market, as the entire market value decreased by 11.65 % since January 1, reaching $ 2.88 trillion at the time of publication, According to To CoinmarketCap data.
Related to: Bitcoin price has a 75 % chance to strike new levels in 2025 – analyst
While many in the encryption industry were very optimistic in the first quarter of 2025 after a strong end until 2024 after Bitcoin took advantage of $ 100,000 for the first time after Trump’s victory in the November elections, the unexpected total economic conditions were largely responsible for the decline in the encryption market at the beginning of February.
After Bitcoin recovered less than $ 100,000 in February, amid the tariff imposed on Trump and uncertainty about the future of the US Federal interest, the morale of the broader market has become afraid. Fear and greed from tracing feelings index He was reading a “neutral” degree of 47 as of March 26.
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