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COINTURK NEWS > Bitcoin (BTC) > China’s Comments Spark Concerns for Bitcoin Investors
Bitcoin (BTC)

China’s Comments Spark Concerns for Bitcoin Investors

In Brief

  • China's announcement raises concerns for cryptocurrency investors.

  • Market analysts highlight potential for Bitcoin to reach 100,000 dollars.

  • Short-term investors struggle to profit amid current market conditions.

Fatih Uçar
Fatih Uçar 1 month ago
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China today reminded the United States that negotiations have not started and labeled the softening as unilateral rhetoric. This announcement is particularly unsettling for cryptocurrency investors. On the other hand, Japan plans to import more from the U.S. to reach a consensus related to tariffs and is in discussions with several countries. So when will Bitcoin $104,315 reach 100,000 dollars?

Contents
Bitcoin’s 100,000 Dollar TargetMaking Money in Crypto

Bitcoin’s 100,000 Dollar Target

For altcoins, Bitcoin’s stagnation in six-figure prices is significant, as current levels keep alive concerns about a potential drop to the 69,000-66,000 dollar range. Meanwhile, BTC, lingering around 93,300 dollars, is beginning to recover from a delayed drop caused by tariff announcements.

Jelle highlighted Bitcoin’s trajectory in a BTC chart shared about an hour ago, pointing out the importance of the 100,000 dollar mark.

“Bitcoin is giving the bulls exactly what they want. A shallow pullback confirms the recovery of the lower range – only to rise again. Next could be 100,000 dollars.”

Another encouraging assessment came from Ali Martinez, who drew attention to the Bitcoin MVRV ratio.

“The golden cross between the MVRV Ratio and the 365-day SMA could spark a new Bitcoin bull rally!”

Making Money in Crypto

Beyond shallow fluctuations and excessive speculative movements, a downturn has predominated the markets for months. While short sellers have largely profited, the recent BTC rise surprised them as well. Airdrops are not yielding expected returns, and the news’s impact on charts has become limited, leading short-term investors to believe they can no longer profit here.

Altcoin Sherpa addressed this issue today, sharing his insights for those seeking rapid, short-term gains with less capital.

“Fundamentally-based investments can still be highly profitable in crypto, but you really limit yourself to opportunities. There are very few good projects available, and getting to these projects is not easy. Airdrop hunting and DeFi farming are certainly two options, but both are challenging to grow. I believe adopting a trading-based approach is much better for making real profits, offering more opportunities and flexibility in different market environments. Learning the technology is fine, but if you like this method, you will succeed.”

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 24 April, 2025 - 7:41 pm 24 April, 2025 - 7:41 pm
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