Bitcoin’s outlook for April appears uncertain as investors remain cautious, struggling to find clear reasons for a potential rebound.
The recent dip in Bitcoin’s value has left many wondering whether the cryptocurrency can recover anytime soon.
Economic uncertainties and ongoing trade tensions, driven by President Donald Trump’s tariff policies, are weighing heavily on market sentiment. After experiencing a three-week losing streak—the first of its kind in 2025—Bitcoin is likely to close March slightly below its opening price, showing a quarterly decline of more than 10%.
Tracy Jin, COO of MEXC Exchange, notes that the market is in a wait-and-see mode, with investors hesitant to make moves without clearer signals. She warns that if Trump’s trade rhetoric escalates, Bitcoin could fall below $80,000. Jin also points out that the Fed’s delay in cutting rates until summer has restricted liquidity, making risk assets like Bitcoin less appealing.
Historically, April has not been kind to Bitcoin, having ended in the red three times in the past four years. Samer Hasn, a senior market analyst at XS.com, believes this month could be decisive for the market’s direction. If trade tensions ease, Bitcoin may find a bottom and start recovering.
Despite the uncertainty, some see the current dip as a buying opportunity. Bitcoin ETFs have consistently attracted inflows since mid-March, suggesting that demand remains resilient even below the $90,000 mark.
Jin also suggests that government action regarding digital assets could boost sentiment. If Trump delivers on proposed initiatives—like a Bitcoin reserve or legalizing BTC payments—it could spark a short-term rally. However, if the focus remains on tariffs and geopolitical issues, Bitcoin may face continued pressure through May.
JPMorgan analysts are raising doubts about Bitcoin’s role as “digital gold” as demand for traditional gold continues to strengthen.
Cryptocurrency analyst Ali Martinez has raised concerns about Ethereum’s future performance against Bitcoin, suggesting a significant decline could be on the horizon.
The U.S. Bitcoin mining sector is gearing up for potential challenges after President Donald Trump announced new tariffs, set to take effect on April 5.
The cryptocurrency market faced a sharp decline after President Donald Trump announced new tariffs, triggering a sell-off that wiped out around $509 million in value.