{"id":806,"date":"2025-03-24T13:10:00","date_gmt":"2025-03-24T13:10:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=806"},"modified":"2025-03-24T13:03:45","modified_gmt":"2025-03-24T13:03:45","slug":"bitcoin-btc-surging-this-week","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-btc-surging-this-week\/","title":{"rendered":"Key Reasons Why Bitcoin (BTC) is Surging This Week"},"content":{"rendered":"\n

Bitcoin Ready to Soar with Trump and Fed Support<\/strong><\/h2>\n\n\n\n

The recent analysis from the research firm 10x points towards a bottom forming for Bitcoin<\/strong><\/a>. This is attributed to the shift in tone from Donald Trump<\/a><\/strong> regarding tariffs<\/strong> and the rather accommodating stance of the U.S. Federal Reserve<\/strong>.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n\n\n\n

Source: 10x Research<\/a><\/p>\n\n\n\n

According to 10x’s technical indicators, the 21-day moving average of Bitcoin<\/strong> has now reached $85,200<\/strong>. This is reminiscent of levels seen before major bullish rallies in September 2023 and August 2024. The fundamentals appear to be aligning for a strong uptrend restart<\/strong>.<\/p>\n\n\n\n

Fed Continues Liquidity Injection : A Bullish Signal for BTC ?<\/strong><\/h2>\n\n\n\n

In its report, 10x Research highlights the relatively accommodating tone<\/strong> adopted by Jerome Powell in the recent mid-March Fed meeting<\/a>. By choosing to overlook short-term inflationary pressures, the monetary institution “lays the groundwork for potential future monetary easing”.<\/p>\n\n\n\n

A strong signal to investors that should boost the stock markets in the medium term<\/strong> according to Markus Thielen, founder of 10x Research:<\/p>\n\n\n\n

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“Powell’s slightly accommodating tone suggests that the Fed put is still intact, providing new support for the stock price recovery.”<\/p>\n<\/blockquote>\n\n\n\n

Another key factor identified by 10x analysts: Donald Trump’s recent shift on the trade front<\/strong>. After months of aggressive protectionist rhetoric, the U.S. President now appears willing to show “flexibility<\/strong>” regarding the planned increases in tariffs <\/strong>set to take effect on April 2<\/strong>.<\/p>\n\n\n\n

Aiming for $90,000 : Is It the Right Time to Invest in Bitcoin ?<\/strong><\/h2>\n\n\n\n

While the context seems ideal for a continuation of the bullish rally<\/strong>, 10x Research warns of a potential glass ceiling around the $90,000<\/strong> mark. A significant psychological level that could pose “significant resistance<\/strong>” initially.<\/p>\n\n\n\n

Despite these optimistic outlooks, Markus Thielen also points out the absence of a “clear catalyst” for an immediate parabolic rally. Another demonstration, if needed, of the extreme volatility that continues to dominate the crypto markets<\/a><\/strong>.<\/p>\n\n\n\n

Fueled by economic optimism<\/strong>, the bullish trajectory of Bitcoin<\/strong> seems to be gearing up for a new chapter. Provided that policymakers and monetary authorities sustain their accommodative stances. If you wish to buy Bitcoin today, here’s how to do it on a reliable platform like Bitget<\/strong>:<\/p>\n\n\n\n

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  1. Create an account on Bitget<\/a> by signing up with an email address and completing KYC verification.<\/li>\n\n\n\n
  2. Deposit funds via credit card, bank transfer, or by transferring cryptocurrencies.<\/li>\n\n\n\n
  3. Search for BTC\/USDT<\/strong> in the Spot or Futures section.<\/li>\n\n\n\n
  4. Place your purchase order based on your strategy (market, limit, futures).<\/li>\n\n\n\n
  5. Confirm the transaction and find your tokens directly in your account.<\/li>\n<\/ol>\n\n\n\n
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    Buy BTC easily on Bitget !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n