• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Bitcoin Could Reach $90,000 with Support from FED and Tariff Reductions, Analyst Says

Bitcoin Could Reach $90,000 with Support from FED and Tariff Reductions, Analyst Says

user avatar

by Giorgi Kostiuk

3 days ago

New PCE data positively impacted Bitcoin, leading to cautious optimism among investors. Analyst Markus Thielen suggests Bitcoin could reach $90,000 thanks to the FED's moderate stance and tariff reductions.

Positive Impact of PCE Data on Bitcoin

Bitcoin started the week with a rise following new PCE data releases, which the FED considers when making interest rate decisions. This prompted cautious optimism among investors.

Markus Thielen's Predictions

Markus Thielen, founder of 10X Research, suggested that Bitcoin could rise to $90,000 due to the easing of U.S. tariffs and the FED's moderate inflation stance.

Bitcoin may be forming a bottom, supported by US President Donald Trump's recent easing on bilateral tariffs set to be implemented on April 2 and the Fed's moderate tone at its March 18-19 meeting.CITE_W_A

Bitcoin's Technical Indicators

Thielen noted that Bitcoin's 21-day moving average is around $85,200 and several key indicators are trending higher. However, Bitcoin lacks a clear catalyst for a strong rally.

In short, the technical ground for Bitcoin has now been reset for a renewed uptrend to emerge and everything is ready for the uptrend. However, BTC still lacks a clear catalyst for a strong rally.CITE_NA

While Bitcoin shows positive trends, analysts warn of potential barriers to a strong rally.

0

Share

Other news

Managing 401(k) Accounts with Beagle: Everything You Need to Know

Beagle helps locate and consolidate old 401(k) accounts. Learn about their services and reputation.

user avatarGiorgi Kostiuk

5 minutes ago

Interactive Brokers Expands Crypto Offerings

Interactive Brokers adds SOL, ADA, XRP, DOGE, enhancing clients' portfolio diversification options.

user avatarGiorgi Kostiuk

6 minutes ago

Bitcoin ETF Holders Ride the Profit Wave: 17% Gains

Bitcoin ETF holders enjoy a 17% unrealized gain with Bitcoin priced at $87,000.

user avatarGiorgi Kostiuk

6 minutes ago

Top Profitable Cryptos: SHIB, PEPE, and the Potential Success of RXS

SHIB and PEPE transformed the market, but can RXS surpass their success? Exploring the potential of the new cryptocurrency.

user avatarGiorgi Kostiuk

6 minutes ago

Winnebago: Q2 FY2025 Report Shows Revenue Decline

Winnebago reports an 11.8% revenue decline in Q2 FY2025, with growth in the Marine segment.

user avatarGiorgi Kostiuk

7 minutes ago

How Paul Atkins Could Influence Crypto Regulation

Paul Atkins, former SEC commissioner, might shift crypto regulation significantly impacting markets.

user avatarGiorgi Kostiuk

7 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.