Analysts say that the reduction of macro risks can trigger strong performance in April. Both traditional investors and crypto currency investors are eagerly awaiting their personal consumption expenditures (PCE) data to be announced on Friday.

This data can bring more relief to inflation concerns and increase investment appetite for risky assets, including Bitcoin.

The US Economic Analysis Bureau (BEA) will announce the next PCE report on 28 March. This report measures inflation at the prices paid by US consumers for goods and services.

According to the QCP Group, PCE inflation data may be the “next important catalyst için for Bitcoin and other risky assets. QCP Group made the following statement on Telegram:

“As we approach on Friday, we do not expect a large volatility with option positions with the highest open positions over $ 100,000. However, attention will focus on PCE inflation data that can become the next important catalyst.”

“Trump said on Monday that trade partners could receive exemptions or discounts on Monday, and presented a relief that calms market concerns, Q Other analysts said that global trade wars are the biggest obstacle for investment appetite.

Despite many positive developments specific to the crypto, the fears of global customs tariffs will continue to pressure the markets at least until April 2, Nicolai Sondergaard from Nansen.

Orum I can’t wait to see what will happen in the tariffs after April 2, maybe some will be removed, but all countries will have to agree, Son Sondergaard said.

Bitcoin’s price has fallen more than 14 %since the first announced the presidential oath ceremony on January 20, for the first time on January 20, US President Donald Trump’s import tariffs to Chinese goods.

Nevertheless, analysts expect that the PCE report will continue to calm down inflation concerns and will trigger a historical rise of Bitcoin in April.

According to Coings data, Bitcoin provided more than 12.9 %monthly returns with historical returns in April, which was the fourth best month for the price of Bitcoin.

Bitcoin seems to be more likely to reach a new summit of $ 110,000 before withdrawing for $ 76,500, says Arthur Hayes, the founding partner of Bitmex and Maelstrom’s chief investment manager.

“It seems possible in the current market environment, Bit says Bitcoin’s rise to a record level of $ 110,000, Juan Pelliker, a senior research analyst from Intotheblock.

“BTC shows signs of recovery directed by the increase in corporate interest and important investments from big players, Analyst Analyst said:

“The decision of loosening the Federal Reserve’s latest monetary policy tightening may further increase the liquidity and allow the price increase in the short term.”

“While the market volatility remains a risk that may lead to withdrawal, the general momentum and support levels show that Bitcoin is more likely to achieve a higher target first, Pelli Pellier added.