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Long BTC, SL 58699 β
First target +15% β
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Next target 90k β»οΈ
Full targets βοΈ
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Key Economic Events in April 2025 That May Affect Bitcoin (BTC):
April 1, 2025 β U.S. Manufacturing PMI Report:
A PMI above 50 signals economic expansion, strengthening the dollar and potentially pressuring BTC. A lower PMI may boost BTC as a safe-haven asset.
April 10, 2025 β U.S. Inflation Data (CPI):
High inflation could lead the Fed to keep interest rates high, reducing market liquidity and negatively impacting BTC. Lower inflation may support a more favorable environment for BTC.
April 17, 2025 β Bitcoin Halving:
The mining reward will be cut in half, reducing new BTC issuance. Historically, halvings have preceded major price increases in the following months.
April 24, 2025 β U.S. Federal Reserve Interest Rate Decision:
High rates could negatively impact BTC, while hints of rate cuts may boost Bitcoin.
These events, along with global economic uncertainty, will shape Bitcoinβs performance in April 2025.
April 1, 2025 β U.S. Manufacturing PMI Report:
A PMI above 50 signals economic expansion, strengthening the dollar and potentially pressuring BTC. A lower PMI may boost BTC as a safe-haven asset.
April 10, 2025 β U.S. Inflation Data (CPI):
High inflation could lead the Fed to keep interest rates high, reducing market liquidity and negatively impacting BTC. Lower inflation may support a more favorable environment for BTC.
April 17, 2025 β Bitcoin Halving:
The mining reward will be cut in half, reducing new BTC issuance. Historically, halvings have preceded major price increases in the following months.
April 24, 2025 β U.S. Federal Reserve Interest Rate Decision:
High rates could negatively impact BTC, while hints of rate cuts may boost Bitcoin.
These events, along with global economic uncertainty, will shape Bitcoinβs performance in April 2025.
Forwarded from HotChili πΆοΈ