Bitcoin remains choppy despite US Bitcoin Reserve, with no bullish momentum yet.
BTCUSD finds support at 82,450, faces resistance at 92,750, and shows mixed price action.
Trump's personal crypto portfolio tumbles amid general upturn (designed by Grok).
Despite US President Donald Trump signing an executive order
to establish a Bitcoin Strategic Reserve for seized government assets,
Bitcoin's price action remains choppy. At the time of writing, the price is
edging higher on intraday charts, but the anticipated bullish momentum has yet
to materialize for many traders.
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Bitcoin Forms Double Bottom, Faces Rejection
The BTCUSD H1 chart indicates that after a sharp bearish
move, the price found support around 82,450, where it formed a double bottom
before initiating a bullish correction. The price attempted to extend the
upside but faced rejection at 92,750, which has been acting as a resistance and
pushing the price lower.
The chart also shows that today's first H1 candle closed as
a bearish engulfing candle, hinting at a potential continuation of the bearish
trend. However, the following candle formed a bullish inside bar, suggesting
buying interest as the price has been gradually moving higher.
BTCUSD, H1 Chart, Source: TradingView
DeepSeek AI Predicts Bitcoin’s 2025 Outlook
Bitcoin has been trading below $100,000 for an extended
period, with this level serving as a resistance point that may hinder upward
momentum. From a wider outlook, DeepSeek
AI has outlined three potential scenarios for Bitcoin in 2025. In the base
case, Bitcoin is expected to range between $100,000 and $150,000, according to Finance Magnates.
In a more optimistic “hyperbitcoinization” scenario, the
price could reach $350,000. A less likely black swan event could push it to
$500,000. These forecasts are based on anticipated growth in institutional
adoption and broader blockchain integration within global finance. However,
DeepSeek AI stresses that these predictions come with significant uncertainty
and volatility.
Bitcoin has been experiencing volatility, trading below
$100,000, due to a lack of clear momentum from buyers or sellers. While market
conditions generally favor upward movement, uncertainty has kept the price
choppy, with sellers hesitant to push prices lower.
What will Bitcoin be worth in 2025?
Analysts, including DeepSeek AI, project Bitcoin could reach
new highs in 2025, with some estimates suggesting it may exceed $200,000.
Short-term forecasts predict Bitcoin will trade between $95,000 and $117,000,
while the long-term outlook remains optimistic, driven by growing institutional
interest and Bitcoin’s inherent scarcity.
Is Bitcoin Expected to Rise?
Yes, Bitcoin is expected to see upward movement. Analysts
predict price increases, driven by factors such as institutional adoption, ETF
approvals, and favorable macroeconomic conditions. However, volatility remains
a risk, influenced by regulatory changes, market sentiment, and macroeconomic
factors. Despite potential corrections, the long-term trend remains positive.
Despite US President Donald Trump signing an executive order
to establish a Bitcoin Strategic Reserve for seized government assets,
Bitcoin's price action remains choppy. At the time of writing, the price is
edging higher on intraday charts, but the anticipated bullish momentum has yet
to materialize for many traders.
This above is an advertisement by Utip
Bitcoin Forms Double Bottom, Faces Rejection
The BTCUSD H1 chart indicates that after a sharp bearish
move, the price found support around 82,450, where it formed a double bottom
before initiating a bullish correction. The price attempted to extend the
upside but faced rejection at 92,750, which has been acting as a resistance and
pushing the price lower.
The chart also shows that today's first H1 candle closed as
a bearish engulfing candle, hinting at a potential continuation of the bearish
trend. However, the following candle formed a bullish inside bar, suggesting
buying interest as the price has been gradually moving higher.
BTCUSD, H1 Chart, Source: TradingView
DeepSeek AI Predicts Bitcoin’s 2025 Outlook
Bitcoin has been trading below $100,000 for an extended
period, with this level serving as a resistance point that may hinder upward
momentum. From a wider outlook, DeepSeek
AI has outlined three potential scenarios for Bitcoin in 2025. In the base
case, Bitcoin is expected to range between $100,000 and $150,000, according to Finance Magnates.
In a more optimistic “hyperbitcoinization” scenario, the
price could reach $350,000. A less likely black swan event could push it to
$500,000. These forecasts are based on anticipated growth in institutional
adoption and broader blockchain integration within global finance. However,
DeepSeek AI stresses that these predictions come with significant uncertainty
and volatility.
Bitcoin has been experiencing volatility, trading below
$100,000, due to a lack of clear momentum from buyers or sellers. While market
conditions generally favor upward movement, uncertainty has kept the price
choppy, with sellers hesitant to push prices lower.
What will Bitcoin be worth in 2025?
Analysts, including DeepSeek AI, project Bitcoin could reach
new highs in 2025, with some estimates suggesting it may exceed $200,000.
Short-term forecasts predict Bitcoin will trade between $95,000 and $117,000,
while the long-term outlook remains optimistic, driven by growing institutional
interest and Bitcoin’s inherent scarcity.
Is Bitcoin Expected to Rise?
Yes, Bitcoin is expected to see upward movement. Analysts
predict price increases, driven by factors such as institutional adoption, ETF
approvals, and favorable macroeconomic conditions. However, volatility remains
a risk, influenced by regulatory changes, market sentiment, and macroeconomic
factors. Despite potential corrections, the long-term trend remains positive.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
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Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
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Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
