The Bitcoin Prize (BTC) ended undecided, as short -term holders were in conflict with long -term investors. The future reciprocal prices of the United States this week has caused mixed reactions of global investors in the concerns of a possible American recession.
At the beginning of the second quarter of 2025, a large part of the attention of cryptographic investors moved to a correlation provided between bitcoin and gold (XAU). In addition, the price of gold has recorded palpable gains since December while the BTC price and the wider Altcoin market have been trapped in a lower feeling.
Is the Bitcoin 2025 rally finished?
According to Quinn Thompson, founder of Crypto Hedge Fund Lekker Capital, Bitcoin Price reports a potential correction of less than $ 60,000. Thompson predicts that the price of Bitcoin will be trapped in a lowering environment similar to the 2022 market prospects.
“I could see us come back to a five -year handful by the end of the year,” said Thompson.
According to Thompson, the recent announcement of the White House on the creation of a strategic reserve of the BTC and the regulatory framework of the Congress is a Sell the-News event.
“I do not think it happens quickly, which is why it would be very painful and shocking for people because nothing in the current conditions of the market is very volatile, with great liquidations and accidents. It is this kind of different market environment, a slow grinder that is almost more unbearable for people because they are like, “is it over? Is the bottom? Thompson added.
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Given the decreasing yields of Bitcoin over the years, a technical analysis suggests a potential parabolic rally before the end of this year. In addition, the Bitcoin monthly relative resistance index (RSI) did not reach a peak of 90 in the past year, as observed during the three main previous bull markets.
In addition, long -term investors, led by the strategy (formerly Microstrategy), continued to accumulate more bitcoins to cover themselves against inflation and uncertainty of the market.
