Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst
Portfolio Pulse from
Bitcoin may be forming a bottom with potential to rebound toward $90,000, supported by Federal Reserve's dovish stance and potential trade tariff flexibility. Analyst Markus Thielen from 10x Research suggests technical indicators are turning bullish, with Bitcoin currently trading around $85,720.
March 24, 2025 | 3:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Technical indicators suggest Bitcoin could rebound, with 21-day moving average at $85,200 and potential resistance at $90,000. Fed's dovish tone and potential trade tariff flexibility provide additional support.
Positive macro signals, technical indicators turning bullish, and potential reduction in market uncertainties suggest a short-term upward momentum for Bitcoin.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100