{"id":126067,"date":"2025-03-29T18:15:58","date_gmt":"2025-03-29T18:15:58","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126067"},"modified":"2025-03-29T18:15:58","modified_gmt":"2025-03-29T18:15:58","slug":"potential-bitcoin-price-fall-to-65k-irrelevant-since-central-bank-liquidity-is-coming-analyst","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126067","title":{"rendered":"Potential Bitcoin price fall to $65K \u2018irrelevant\u2019 since central bank liquidity is coming \u2014 Analyst"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin&#8217;s (BTC) 7% decline saw the price drop from $88,060 on March 26 to $82,036 on March 29 and led to $158 million in long liquidations. This drop was particularly concerning for bulls, as gold surged to a record high at the same time, undermining Bitcoin\u2019s \u201cdigital gold\u201d narrative. However, many experts argue that a Bitcoin rally is imminent as multiple governments take steps to avert an economic crisis.<br \/>\nThe ongoing global trade war and spending cuts by the US government are considered temporary setbacks. An apparent silver lining is the expectation that additional liquidity is expected to flow into the markets, which could boost risk-on assets. Analysts believe Bitcoin is well-positioned to benefit from this broader macroeconomic shift.<br \/>\nSource: MihaimihaleTake, for example, Mihaimihale, an X social platform user who argued that tax cuts and lower interest rates are necessary to \u201ckickstart\u201d the economy, particularly since the previous year\u2019s growth was \u201cpropped up\u201d by government spending, which proved unsustainable.<br \/>\nThe less favorable macroeconomic environment pushed gold to a record high of $3,087 on March 28, while the US dollar weakened against a basket of foreign currencies, with the DXY Index dropping to 104 from 107.40 a month earlier.<br \/>\nAdditionally, the $93 million in net outflows from spot Bitcoin exchange-traded funds (ETFs) on March 28 further weighed on sentiment, as traders acknowledged that even institutional investors are susceptible to selling amid rising recession risks.<br \/>\nUS inflation slows amid economic recession fears<br \/>\nThe market currently assigns a 50% probability that the US Federal Reserve will cut interest rates to 4% or lower by July 30, up from 46% a month earlier, according to the CME FedWatch tool.<br \/>\nImplied rates for Fed Funds on July 30. Source: CME FedWatchThe crypto market is presently in a \u201cwithdrawal phase,\u201d according to Alexandre Vasarhelyi, the founding partner at B2V Crypto. Vasarhelyi noted that recent major announcements, such as the US strategic Bitcoin reserve executive order\u00a0mark progress in the metric that matters the most: adoption.<br \/>\nVasarhelyi said real-world asset (RWA) tokenization is a promising trend, but he believes its impact remains limited. \u201cBlackRock\u2019s billion-dollar BUIDL fund is a step forward, but it\u2019s insignificant compared to the $100 trillion bond market.\u201d<br \/>\nVasarhelyi added:<br \/>\n\u201cWhether Bitcoin\u2019s floor is $77,000 or $65,000 matters little; the story is early-stage growth.\u201d<br \/>\nGold decouples from stocks, bonds and Bitcoin<br \/>\nExperienced traders view a 10% stock market correction as routine. However, some anticipate a decline in \u201cpolicy uncertainty\u201d by early April, which would reduce the likelihood of a recession or bear market.<br \/>\nSource: WarrenPiesWarren Pies, founder of 3F Research, expects the US administration to soften its stance on tariffs, which could stabilize investor sentiment. This shift may help the S&amp;P 500 stay above its March 13 low of 5,505. However, market volatility remains a factor as economic conditions evolve.<br \/>\nRelated: Bitcoin price falls toward range lows, but data shows \u2018whales going wild right now\u2019<br \/>\nFor some, the fact that gold decoupled from the stock market while Bitcoin succumbed to \u201cextreme fear\u201d is evidence that the digital gold thesis was flawed. However, more experienced investors, including Vasarhelyi, argue that Bitcoin\u2019s weak performance reflects its early-stage adoption rather than a failure of its fundamental qualities.<br \/>\nVasarhelyi said,<br \/>\n\u201cLegislative shifts pave the way for user-friendly products, trading some of crypto\u2019s flexibility for mainstream appeal. My take is adoption will accelerate, but 2025 remains a foundation year, not a tipping point.\u201d<br \/>\nAnalysts view the recent Bitcoin correction as a reaction to recession fears and the temporary tariff war. However, they expect these factors to trigger expansionist measures from central banks, ultimately creating a favorable environment for risk-on assets, including Bitcoin.<br \/>\nThis article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<a href=\"https:\/\/cointelegraph.com\/news\/potential-bitcoin-price-fall-to-65-k-irrelevant-since-central-bank-liquidity-is-coming-analyst?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin&#8217;s (BTC) 7% decline saw the price drop from $88,060 on March 26 to $82,036 on March 29 and led to $158 million in long liquidations. This drop&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126067"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126067"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126067\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126067"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}