🚨Will the cryptocurrency market rise in April?
According to the analysis, the outlook for April is cautiously positive, with a possibility of gradual rise rather than a sharp increase.
Reasons supporting the rise:
• 📈 April is historically a "bullish" month: the average gains for BTC in April are ~13% over 10 years
• 🎙️ Expectations of coming out of winter: Tom Lee expects the "crypto winter" to end in April
• 📉 Federal Reserve: a 97.9% probability of keeping interest rates steady without a hike (positive news for risk assets)
Factors that may hinder the rise:
🧯Extreme fear: the fear index remains at (extreme fear)
🧯Economic risks: Iran war raises oil prices, and inflation may push the Fed to tighten
✅Regulatory watch: implementation of MiCA laws in Europe and SEC statements may increase volatility
$BTC
$ETH
$SUI
#sec
According to the analysis, the outlook for April is cautiously positive, with a possibility of gradual rise rather than a sharp increase.
Reasons supporting the rise:
• 📈 April is historically a "bullish" month: the average gains for BTC in April are ~13% over 10 years
• 🎙️ Expectations of coming out of winter: Tom Lee expects the "crypto winter" to end in April
• 📉 Federal Reserve: a 97.9% probability of keeping interest rates steady without a hike (positive news for risk assets)
Factors that may hinder the rise:
🧯Extreme fear: the fear index remains at (extreme fear)
🧯Economic risks: Iran war raises oil prices, and inflation may push the Fed to tighten
✅Regulatory watch: implementation of MiCA laws in Europe and SEC statements may increase volatility
$BTC
$ETH
$SUI
#sec