Bitcoin price is struggling to break out significantly to the north. Ether has also disappointed investors a bit.
Is Bitcoin Price Boring Investors? There are several reasons
On the other hand, the current reality of war in the Middle East means that these assets should depreciate rapidly.
However, that hasn’t happened and Bitcoin and Ether are even rising slightly. On the other hand, they still remain within a defined range.
However, it is important to remember that technically, there is a bear market going on in the crypto market. In the background, we are receiving signals that suggest we are closer to a bull market than many think.
Marek Rogalski DM BOŚ chief analyst points out what is happening in the US.
Congress is close to voting on the next bill clarity methodhe himself describes this as “another milestone for this market”.
This concerns legislation aimed at regulating the blockchain industry in the United States. Eventually, it should be clear which parts of the market are being monitored. SEC and by which C.F.T.C.. You might even be able to buy a bull. $BTC and $ETH today.
He also questions the behavior of cryptocurrencies in times of geopolitical tension. As experts point out, “Bitcoin and Ether are consistently rising” in spite of Rising tensions in the Middle East. ”
“The escalation over Project Freedom could end the ceasefire that has been in effect since April 8. Will this be a hot weekend or will President Trump fear Xi Jinping’s reaction? A summit is scheduled.” May 14th-15th? ” the analyst wondered.
project freedom is the name of an operation intended to: take control Clearance of the Strait of Hormuz by the United States.
However, US actions in this area stoppedAs President Trump has indicated, this is in response to requests from Pakistan and other countries in the region. Therefore, this is Another contradictory signal received by investors.
It remains unclear whether the Americans will pursue an escalation of action in the Middle East or vice versa.
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See also: Bitcoin price has fallen 50% since its ATH. Experts warn. “True game changer” changes $BTC/USD direction?
Bitcoin price is over $80,000. What do you think? $ETH?
Bitcoin price on Wednesday, May 6th is slightly above 81,300 USD.
The price of virtual currency has skyrocketed 6.7% for a week and 18% For one month. Currently, the price is the highest since the end of January 2026.
However, cryptocurrencies depend not only on geopolitics but also on US monetary policy.
And there may be some good news in this area soon. He will already lead the Fed in May. Kevin Warshwho will replace Jerome Powell. He is known to be a supporter of lower interest rates, which is good news for cryptocurrencies.
The lower the rate, the greater the potential for growth.
However, not everyone is optimistic.
professor Krzysztof Piech In an interview with FXMAG, he said he assumes that “the bear market is not over yet and the most difficult phase may be yet to come.”
In his opinion, $BTC may fall around $40,000. It may happen in the summer.
However, he added that he was treating this as “a pessimistic scenario that could still occur, rather than a certainty.”
I wrote about this in detail in the article “Bitcoin Price Didn’t Pass the Test.” Will it drop to $40,000 soon? Professor Krzysztof Piëch: “The bear market is not over yet, and the most difficult phase may yet be yet to come.”
chart. Bitcoin price ($BTC/USD)
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Source: Trade Economics
Ethereum price reached $2367. This means the price has increased in 7 days 3,55%over the course of 30 days, we’ll be talking about: 12 percent increase.
But the ether cannot definitively break out. $2400 And stay there for a long time.
chart. Ethereum price ($ETH/USD)
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Source: Trading Economics.
SEE ALSO: Bitcoin price waiting for crash around $25,000? Expert: “Bitcoin could fall to around $45,000.” What’s next? $ETH?
Source: Bossa.
