Home Finance A range of $55,000 to $90,000: after ending March down, bitcoin shows...

A range of $55,000 to $90,000: after ending March down, bitcoin shows unclear outlook for April

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According to an analyst, the price of bitcoin will evolve in April depending on geopolitical tensions, potentially varying between $55,000 and $90,000.

Bitcoin is going through a bad patch again. At 3:00 p.m. French time, the queen of cryptos is trading just above $66,000, losing 2% over the past 24 hours and 7% over a week. “With rising oil prices, traders and investors have lowered their expectations for rate cuts this year. Bond yields have continued to rise, with the benchmark 10-year US Treasury rate returning to levels not seen since July 2025, which weighs on risky assets,” explains Simon Peters, market analyst at eToro.

Crypto markets “have fallen to their lowest levels in several weeks, as the ongoing conflict in the Middle East continues to shake investor confidence”, indicates the latter. Ether, the second largest crypto on the market, lost 6% over a week, trading just above $2,000 at 3:00 p.m. Ripple’s xrp, solana and dogecoin have lost 7%, 11% and 4% respectively over the past week.

Tensions géopolitiques

Depending on the evolution of “geopolitical tensions”, bitcoin could trade between $55,000 and $90,000 in April according to Lacie Zhang, research analyst at Bitget Wallet, interviewed on The Block.

“A prolonged conflict, leading to a rise in oil prices, could accentuate the contraction in liquidity and push bitcoin towards $55,000. Conversely, a rapid de-escalation could revive the appetite for risk and encourage progression above $90,000,” estimates the analyst.

As a reminder, the queen of cryptos progressed after the coordinated attack by the United States and Israel in Iran on Saturday February 28, gaining credibility as a safe haven. However, bitcoin is unable to withstand current macroeconomic shocks. The queen of cryptos has lost 47% of its value since its historic peak at 126,000 in October 2025.