cyrpto 10x, 80k, Bitcoin, slip, week Mark April 1, 2025 0 Comments

Bitcoin likely to slip below $80k this week: 10x

Bitcoin should fall below $ 80,000 this week, according to the digital asset research company 10x Research.

In a recent market update on X, the company has cited an increasing uncertainty on American prices and increased inflation as key risk factors weighing on bitcoin (BTC) and wider financial markets.

The report highlights warmer data than personal consumption expenses of personal consumption of the United States, which suggests that inflation remains concern. In addition, the change of rhetoric of the former American president Donald Trump On the prices, increased uncertainty, with fear that aggressive trade policies can express economic feeling.

Price and hot inflation shock data derail the rally

Bitcoin’s rebound in the past three weeks has weakened, as reported in warmer than expected and planned PCE data, partially conducted to the implementation of Trump’s price – which seems to weigh on the consumer … pic.twitter.com/xp2df3iymh

– 10x Research (@ 10x_research) March 31, 2025

Low PMI data

10x Research also underlined the next PMI US ISM Manufacturing as a potential trigger for more decline. If the data is lower than expected, risk aversion could intensify, spreading in the cryptocurrency market.

In addition, solid data on employment can delay any intervention by the federal reserve, reducing the chances of a rebound on the market.

Despite these risks, 10x research noted that market volatility remains moderate, with the VIX at low level – indicating that traders can underestimate the potential for the additional decline.

With multiple risk catalysts at stake, the recent Bitcoin rebound seems fragile. If macroeconomic pressures persist, BTC could face new decreases in the coming days.