Bitcoin price stabilized about $ 8,3400 on March 31, in the course to close the month with a moderate loss of 2 %, CEO of Blackrock, Larry Vink offers a bold prediction that may affect Bitcoin price expectations for 2025.
Bitcoin enters April under declining pressure where Paul Attins faces a scrutiny in Congress
Bitcoin (BTC) is scheduled to enter in April 2025 with a 2 % light shave for March, despite the positive procedure for prices in recent weeks.
It is worth noting that BTC PRICE rose to $ 88,500 on March 25 before facing the renewed declining pressure with political uncertainty in the market.
SEC’s former Congress scrutiny in SEC has sparked fears that Trump’s tender policies can face resistance in the coming weeks, which reduce the investor in the last week of March.
In addition to the pressure pressure, the recently proposed definitions of macroeconomic fears increased, prompting risk morale across financial markets.
BTC is trading at $ 83,400 at the time of the press on March 31, a decrease of 1 % of the opening price of $ 84,400 on March 1, where trading re -evaluating their portfolio to Q2 2025.
Blackrock CEO warns that Bitcoin might compete with the US dollar as a reserve currency if debt increases from $ 478 billion to $ 952 billion
Larry Fink, CEO of Blackrock, warned that the US dollar dominance as global reserve currency is at risk due to the high national debt and financial deficit.
At the time of the press on March 31, the US Treasury paid $ 478 billion in the interest it had expected since the beginning of 2025, according to official data. Larry Fink expressed his concerns that this number can almost double before the end of the year.
He has An annual letter to the shareholders72 -year -old CEO Blackrock warned that uncomfortable government spending could push investors towards Bitcoin as a safer alternative.
“The dollar’s position as the global reserve currency is not guaranteed … interest payments on government debt will exceed 952 billion dollars this year, exceeding defensive spending for the first time.”
– Larry Fink, March 2025.
FINK also admitted the growing role of Bitcoin in Global Finance, with a highlight of Spot Bitcoin ETF, IBIT, which raised more than $ 50 billion in assets during the first 15 months of trading after the SEC teacher approval in January 2024.
BTC price expectations: Can Bitcoin recover $ 100,000 in April 2025?
Bitcoin’s price expectations tend to neutralize this week, as they peak at 88,500 dollars on March 25 before clarifying the current downward trend after Trump hinted to spread more customs tariffs.
The market morale was more negative, as former SEC Commissioner Paul Atkins faced an audit in Congress, which raised fears that Trump’s pro -Rabat’s position could face resistance.
As the controversy surrounding Paul Atkin’s confirmation increased, the opposite winds increased from Trump’s opposite winds, Bitcoin is now closing a second consecutive month in red, after it recorded 18 % in February.
As shown in the TradingView chart above, the Bitcoin price fell to $ 83,381, where the sale pressure appeared near the resistance area of $ 90,000. More importantly, the Keltner’s midfield at $ 67,019 provides major support, but failure to maintain this level may lead to deeper corrections.
SAR Points are equivalent at $ 109,600 highlighting the long -term bullish goal. But the SAR usually reaffirms the current price dominance in the short term, indicating that BTC is likely to start in April 2025 a negative note.
Despite the current trend of restoration, the strong demand of the last ETF flows and institutional accumulation may limit the losses.
If the price of bitcoin stabilizes over $ 80,000, the momentum may regain about $ 109.00 in April 2025.
Related questions (common questions)
Bitcoin is under pressure due to Trump’s tariff and the congressional audit of Paul Atkins, raising concerns about profitable policies.
Bitcoin can refresh if ETF flows are strong and Entitationaldemand compensation for organizational uncertainty and total economic hostility.
Keltner’s midfield is $ 67,019 as a large support, while the resistance is near 90,000 dollars is still a major obstacle.
Ibrahim
The encryption analyst that covers the derivative markets, macro trends, technical analysis and Defi. His business is characterized by in -depth market visions, price expectations and institutional research on digital assets.
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