Bitcoin Outlook: A Big Turn Could Be Coming Soon
I’m seeing signs that Bitcoin might start a major rally toward new all-time highs between late April and early May.
Here’s why I think that:
Big corrections already happened
Bitcoin is down around 40% from its last peak, similar to other top-performing assets like NVDA, which also fell about 45% after hitting prior highs. The hype at the top is gone, and the market has reset.
US Dollar is weakening
The DXY started its decline back in December, and usually Bitcoin reacts a few months after such moves. We’re now seeing that delayed effect, which could support more upside in BTC.
Gold and metals cooled down
Gold had an extreme rally last year, and now it’s pulling back sharply. BTC vs metals ratios are hitting levels we rarely see, which often signals a strong rebound for crypto.
Stock markets remain resilient
Equities are still strong, even though a short-term dip is possible. Weakening dollar, cooled metal markets, and general risk appetite could push BTC higher.
Economic data is improving
ISM reports show expansion picking up for the first time in over three years, hinting that markets may continue to move positively.
After this big reset, my view is that once Bitcoin finds its bottom, we could see months or even years of growth ahead. Key levels to watch: clearing 95K first, and then 100.5K could confirm a strong upward trend.
Charts and more analysis are in the comments below 👇
