Bitcoin recovered from a downward spiral on April 1st as Crypto Traders prepares to face release day.
On April 2nd, it was called “Liberation Day,” and President Donald Trump will collect “mutual tariffs” in several countries.
Traders are worried about the impact of the tariff war on the crypto market, but major analysts believe “liberation date will be good for Bitcoin.”
Fred Kruger, a mathematician and author of the Big Bitcoin book, wrote on X (formerly Twitter) on April 1, “Investing in transportable digital gold is not easy in the world of tariffs.”
Kruger also placed emphasis on the discussion of Bitcoin and Gold, choosing cryptocurrency over bullion. He insisted that in 2017 there will only be one ounce of gold, but in 2025 you will need 26 ounces of gold.
Popular crypto analysts are also very bullish about Bitcoin’s long-term price transfer. Analysts added how the previous 2025 BTC price transfers reflect the 2017 price transfers. Reproducing the same price movement over the next few months will allow cryptocurrencies to easily reach $150,000-200,000 by the end of the year.
Data from on-chain analytics platform Coinglass shows that Q1 2025 2025 was the worst quarter for Bitcoin since 2018. With a loss of 11.82%, cryptocurrency recorded its first quarterly returns since 2022.
As we enter the second quarter, cryptocurrencies have an average monthly return rate of 12% so far, so we need to observe how Bitcoin works during April.