Bitcoin’s price hovers around $84,500 as U.S. markets opened positively.
While some altcoins continue to rise, Trump is set to negotiate tariffs with Italy today. Following Spain’s openness to negotiations yesterday, Trump also seems to be opening doors with China. We can expect significant developments in the coming weeks.
Gold Predictions for 2025
Amid global uncertainties fueling fear, gold has emerged as a winning asset. U.S. Treasury bonds, the dollar, cryptocurrencies, and stocks have all experienced volatility, while gold consistently sets new all-time highs. This week follows that same trend.
A well-known cryptoanalyst shared the gold chart, comparing the recent uptrend to Bitcoin’s performance in 2021.
“Gold is absolutely surging. This is likely equivalent to the Bitcoin 
$84,495 bull run of 2021. If you are a gold maximalist, you should feel jubilant. Congratulations! However, considering the pace of growth, I believe we will peak in 1-2 weeks.” Peter noted yesterday that we are nearing the peak for gold, which we have shared.
Comments on Cryptocurrencies
In today’s assessment, Mister Crypto cautioned bears about risks from impending major liquidations. BTC has been testing the $86,000 level and is trying to maintain $84,500. A successful test of $90,000 could trigger massive liquidations totaling $7.5 billion.
“$7.5 billion in shorts are ready to be liquidated at $90,000. You know what’s coming.” – Mister Crypto
Jelle warns of the market’s peak fear, advising caution to those who see each rise as a short-selling opportunity. Many have profited for months, and a reversal now seems imminent. Experienced investors have witnessed numerous such turnarounds and the serious losses faced by those who remain skeptical amid rising prices.
“The Bitcoin fear and greed index is at 30, with the lowest level in this cycle set at 24. Is it time for green signals again?”
