Crypto Market Under Pressure, Bitcoin Hits Lowest Point in Five Months

Early April 2025 has proven to be a period of significant pressure for the global cryptocurrency market. On April 7, the price of Bitcoin (BTC) plummeted to its lowest level in five months, reaching USD 74,436. According to MarketWatch, this sharp decline was triggered by escalating global trade tensions, primarily driven by new tariff policies introduced by President Donald Trump’s administration.

Bear Market Duration Forecast

As reported by Yahoo Finance on April 9, 2025, market analyst Timothy Peterson predicted that the current bearish phase may last for approximately 90 days. He noted that this price correction is unlikely to be as severe as previous bearish cycles. Peterson emphasized that a drop of more than 20% from Bitcoin’s peak is a recurring annual pattern. He also highlighted that increasing Bitcoin adoption remains a key factor limiting further downside risk.

Potential Rally After April 15, 2025

Several analysts remain hopeful about a potential price recovery following mid-April. In a report by Mitrade dated April 9, 2025, Nic Puckrin of Coin Bureau stated that if Bitcoin manages to hold key support levels through April 15, a significant price surge is likely to follow. Similarly, Carl Moon, founder of The Moon Show, expressed optimism, projecting a “major bounce” in the near term.

Potential Catalysts

Trade tensions driven by U.S. tariff policies are seen as the primary cause of the sharp volatility in digital asset markets. Analysts suggest that if trade negotiations show signs of easing or yield positive signals, such developments could act as catalysts for a crypto market rally. However, if tensions continue to escalate, market pressure is expected to persist.

Outlook Ahead

Although the market is currently in a bearish phase, several analysts view this as a short-term correction that may subside within the next three months. Investors are advised to remain cautious and closely monitor market dynamics and geopolitical developments that could influence the price movements of Bitcoin and other digital assets.