Bitcoin could rise within 150 days of gold's all-time high, historical patterns suggest path to $400,000

In April 2025, Bitcoin (BTC) fluctuated between $83,000 and $85,200, without breaking through the important resistance of $86,000. This was due to the fact that the number of unemployment insurance claims announced by the US Department of Labor was lower than expected, indicating a strong labor market. This led to the market's expectations of a rate cut receding, suppressing short-term speculative sentiment toward risk assets. On the other hand, US Federal Reserve Chairman Powell pointed out that the "reciprocal tariff" policy could cause inflation and slow economic growth, but President Trump called for the Fed to continue cutting interest rates, and Powell...