Here’s what to expect for Bitcoin this month
As Bitcoin (BTC) consolidates above $80,000 amid a broader equity market sell-off, a renowned cryptocurrency analyst has shared a cautiously optimistic outlook for the asset this April. To this end, pseudonymous analyst PlanB has stated that investors should note that Bitcoin’s recent price decline has nothing to do with internal cryptocurrency dynamics but broader economic factors, such as uncertainty surrounding President Donald Trump’s tariff policies, he said in a YouTube video on April 6. According to the expert, Bitcoin’s trajectory this month will hinge on a broader market recovery, mainly on how the S&P 500 responds to the economic uncertainty tied to Trump’s tariff stance. Interestingly, as reported by Finbold, Bitcoin has primarily remained stable despite the stock market experiencing a massive price wipeout due to tariff-related fears. PlanB noted that if the S&P rebounds to 6,000, Bitcoin could surpass $100,000 agai...