- Despite the US trade war against China, Bitcoin has the potential for an outbreak because the tensions of the United States seem to decrease with the rest of the world.
- Analysts see Bitcoin increased by 16.3% by June to just under $ 113,000.
Bitcoin starts in May with a course that lasts stable at $ 96,000. The BTC course, which is often seen as a indicator for the global crypto market, has risen 2% in the last 24 hours.
This stability comes after a break -in, which was triggered by political and economic tensions. The customs policy, which was boxed by US President Donald Trump against every Council of Experts, led to new tensions with China and sharp reactions in the global markets.
While trade policy for risk -sensitive assets continues to be a problem, there are initial signals for de -escalation. The talks between the USA and China have been resumed, which is carefully optimistic the financial markets. The crypto sector in particular has reacted positively, with Bitcoin leading a broader recovery. Technical indicators and historical price behavior are now the basis for revised forecasts.
Analysts see positive signals
Several analysts recognize positive signals in the course structure of Bitcoin. Analyst Javon Marks pointed out a developing positive divergence, a technical formation that typically precedes a rebound.
Since the attached/quoted analysis stating and showcasing Bitcoin’s Bullish Divergence, prices are up massively, climbing nearly +24%.
Guess what, this pattern suggests HIGHER AND A RETURN BACK ABOVE $108,000+
!$BTC https://t.co/Ygol4y8Xdo pic.twitter.com/5Xeu24QMRk
– Shelon
According to Marks, the recovery of Bitcoin of less than $ 80,000 fits this formation, which indicates that further upward movements could follow. He noted that BTC has risen by almost 24% since the divergence appeared, and forecasts see the next resistance mark at $ 108,000 when the dynamics last.
Further support for an upward trend can be found in the volatility bands. Analyst Ali Martinez pointed out that the Bollinger ligaments narrow from Bitcoin, which can indicate an upcoming course expansion. Historically, similar constellations have led to movement when the market breaks out of a compressed trading range. The current consolidation phase of $ 96,000 could be a harbinger of such a shift.
The Bollinger Bands are squeezing on the 4-hour chart for #Bitcoin $BTC! A major price move could be just around the corner. pic.twitter.com/uvrel12QVp
— Ali (@ali_charts) May 1, 2025
Data is constant in a neutral mood
Bitcoin’s recent course of trade shows both sides of the medal, so to speak. BTC has recorded 18 positive trading sessions in the last 30 days. The volatility is modest with an average of 6.33 % because the market is not in trouble.
The latest stand of the Fear & Greed Index shows a value of 53, which indicates a neutral mood. However, analysts indicate that a neutral market mood in connection with an interest bullic technical setup could offer the opportunity for further growth.
As CNF reported, the forecast models indicate a possible increase in the BitcoIN course to 16.3 % in early June. In this case, the course would be $ 112,800.
The path of Bitcoin in May, which will depend on the general market atmosphere and international politics, is now being watched. As usual, it is therefore impossible to recognize a clear line. The latest indicators indicate that the global tensions could decrease, but a degradation or the escalation of the customs war would significantly influence the course formation in the cryptom market.
In addition, the US Federal Reserve’s interest strategy will affect risky assets. Keeping the course of $ 96,000 shows that Bitcoin is still robust.
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