5 things to know in Bitcoin this week

Bitcoin (BTC) holds the fort while the American trade war rages in the third week of April.

• BTC prices action is trying to overcome a long -term resistance trend line without success because the concerns of trade war dictate the expectations of traders.

• Prices are the key macroeconomic subject of the week, as risk assets accelerate potential surprise titles.

• The FNB Bitcoin lost nearly $ 800 million in a week, while the strategy indicates that it bought the decline.

• Despite tariff pressures, the weakness of the US dollar could be a disguised blessing for bitcoin and risky assets.

• M2’s global money supply is at a record and increasing level; Will Bitcoin follow history and will he reproduce his past?

Bulls fight a BTC key resistance line

With merchants on the lookout for volatility linked to prices this week, analysis of BTC Zoom Out prices.

BTC / USD closed last week up 6.7%, Cointelegraph Markets Pro and TradingView data confirms.

Then, however, comes the real test, exceeding a downward trend line which capped the advantages for months.

$ BTC – #Bitcoin: I look closely at this painting. We could be ready. pic.twitter.com/dtv1jkrzkp

– Crypto Caesar (@Cryptocaesarta) April 12, 2025

“Rejected with key resistance, after the trend line perfectly,” wrote Trader Bitbull in his latest article on the subject on X.

“If ventilation continues, eyes on the support area of ​​$ 70,000 to $ 72,000 for a possible rebound.”

The merchant and analyst Rekt Capital also plans the trend line as an escape is difficult to confirm.

“Bitcoin has closed daily above the downward trend. Thus, an escape confirmation is underway,” he said to X subscribers this weekend.

“However, BTC previously closed daily above the downward trend, but failed its retratest (some of the red circles). The retest must succeed and it is in progress.”

Popular AK47 trader on X posted upward price and separate price targets, according to the result of the retest of the trend line.

“$ BTC could increase to $ 88,000-but don’t be too comfortable,” he warned.

“It could be a false, grasp liquidity before diving $ 81,000 for this reverse head and shoulder configuration. If that takes place, $ 95,000 – $ 100,000 is not far away.”

Talk rate maintains the markets on board

A smaller week for American macroeconomic data leaves the first claims of unemployment as the highest point while the current trade war continues to dominate.

With China to the point, risk assets and the volatility of the crypto flash should be more on surprises involving the surface of commercial prices.

The weekend experienced Snap relief in this regard when US President Donald Trump has announced a break on prices for the main technological products. Consequently, Bitcoin has reached heights of 11 days above $ 86,000.

Subsequent indications that the measures would be temporary, then exert a renewed pressure on the actions of the actions, while BTC / USD withdrew to surround $ 84,000 at the time of the drafting.

“We believe that the” pricing exemptions “announced this weekend were originally intended to be temporary,” wrote the commercial resources that Kobeissi’s letter wrote in part of a reaction X.

“The objective was to bring the yields of the treasure before resuming the trade war.”

Kobeissi suggested that the markets initially considered the decision as a signal that the trade war could end completely, to be disappointed a day later.

“The obligations will probably bring together with the shares, but uncertainty has only developed. The bond market is King,” he added.

The continuous trade company Mosaic Asset has agreed that the obligations may have been crucial to modify the trajectory of policies last week.

“It is volatility in other areas of markets such as currencies and the bonds of the Treasury that could have forced a rapid pivot on commercial and price policy,” he summed up in the last edition of his regular bulletin, “The Market Mosaic”, on April 13.

“The uncertainty about prices has become a binary and unpredictable event for the stock market. The signs of voltages feed more, while a softening of tensions strongly sends stocks in the other direction. ”

Bitcoin ETF flow “barely the registers”

A sign of the way last week was turbulent in the form of net flows of the negotiated funds in exchange for Bitcoin (ETF).

During one of the worst weeks for ETF products since their beginnings at the beginning of 2024, total outings succeeded in $ 750 million.

For the economist of the Timothy Peterson network, however, there is not much to fear.

In zooming, he noted that even a nine-digit withdrawal like this makes practically no difference in the overall investment basin that ETFs created in just over a year.

“Last week, American FNB Bitcoin had their 5th worse week of all time (in terms of outings). More than $ 700 million. However, it is barely a hit on the graph,” he told X followers.

“This is how big Bitcoin has become. It is how tight these investments are.”

Among the main investors seeking to “buy the DIP”, was the business of commercial intelligence (formerly Microstrategy), whose co-founder Michael Saylor hinted that she increased her exhibition to the BTC this weekend.

“No price on orange points,” he wrote in a post X alongside a table of acquisitions of the strategy.

The question of knowing if Bitcoin will emerge as an attractive proposal for the institutional cohort of investors while the uncertainty of the trade war continues is doubtful.

A Bank of America survey at the end of March showed that respondents massively favored gold as a volatility cover, 58% choosing it.

“This is compared to only 9% for the Treasury bonds at 30 years and 3% for Bitcoin,” wrote Kobeissi when declaring the results.

“Adding the crisis of expenditure on the American deficit and gold quickly becomes the only world active refuge.”

Dollar Dive gives assets at risk hope of relief

The US dollar can still provide a little light at the end of the tunnel for risk-to-lenting this week.

The trade war has wreaked havoc on the greenback and when it is measured in relation to the main currencies of trade partners, its weakness is clear to see.

The US dollar index (DXY) fell at three years last week and, at the time of writing, I question these stockings.

Markets selling an even lower dollar on Monday. Dxy has dropped 100 and also the 2023 low in the past hours, now at the lowest in 3 years pic.twitter.com/mj8wvvju2

– David Ingles (@davidinglestv) April 14, 2025

Although far from constant, the Bitcoin relationship with the strength of the dollar tends to show that gains occur after losses of major Dxy, but with a period of several months.

To this end, the popular Bitcoindata21 popular analysis account is considering a rehearsal of the events of 2017, which leads to summits of all BTC / USD time at the end of the year.

Another table downloaded on X during the weekend showed the relationship between Doxy, Bitcoin and S&P 500, providing ideal conditions for a long-term background in the latter.

The last time a signal came, it was about a month before the Bitcoins market pit at the end of 2022.

“I had 99 problems but the Dxy is not 1,” summed up bitcoindata21.

A rebound in the bullish market in preparation?

On longer time, an equally promising trend takes place for Bitcoin Bulls.

In relation: The creator of Bollinger Bands says that Bitcoin forming a “classic” soil nearly $ 80,000

The global monetary mass of M2, with which the action of the price of Bitcoin is positively correlated, seeks to break out beyond the peaks of all time.

“Global M2 remained at an ATH for 3 consecutive days,” said analyst Colin Talks Crypto in a dedicated post on the phenomenon this weekend.

“It is a fantastic sign for what he signals will enter into risk assets in ~ 108 days.”

The position refers to a chain reaction in which the net movements in the behavior of Copier Global M2 Spark for bitcoin once the period of latency expired.

Before that, however, there may be one last opportunity to “buy the drop”.

“Global M2 (with a 108 -day discrepancy) does not show an explosion for ~ 2 1/2 weeks, and actually shows slow bleeding in next week until April 16 or 17,” said Colin Talks Crypto.

Earlier this month, the analyst predicted a “big influx of M2” entering, with a rebound in BTC price corresponding from May.

This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.