Bitcoin Prices Might Surge “$50,000 in a single 1-minute candle” In Upcoming Week(s)

The past week has been tumultuous for BTC. Trump’s new regime has imposed newer tariff plans on China, Canada, and Mexico. Subsequently, the trio took retaliatory measures to counter these tariffs. As a result, the world might devolve into another trade war.  

This has led investors towards a frenzied state. As a result, there was a mass liquidation event. This mass liquidation event saturated the crypto market with Bitcoin, which led to a sharp dip in BTC prices.  

 In a few hours, the price dropped from the $100,000 bracket to nearly the $90,000 bracket. This sharp dip not only made the market volatile but also broke investor’s morale.  

However, some experts like Richard Teng claimed that this is part of the process and assured investors that they needed to follow three golden rules things would be fine. 

They were right. Analysts believe that BTC is going through temporary price dips. This short-term volatility is natural, and people should not be alarmed since the long-term situation will mostly remain positive. 

Analysts believe that there is supposedly a ‘decisive price move’ coming ahead, given the current macroeconomic developments. While speculations claim that things could go either way, some believe that things might pan out once the US government’s pro-crypto stance comes into play.  

Clarity In The Upcoming Weeks 

A Bitfinex analyst claimed that there might be a major shift as “more macroeconomic developments unfold.” The analyst noted that BTC has been traded in a 15% price range. Historically, a 15% to 20% price bracket tends to solve itself in 80 to 90 days.  

The analyst added, “While Bitcoinʼs short-term volatility may continue in response to macroeconomic influences, its long-term outlook remains positive.” Therefore, investors need to remain calm and let economic systems take charge.