
Jakarta, Pintu News – When the crypto market takes a dip, many wonder if this is the beginning of a bear trap. Bitcoin recently experienced an 8.66% drop, touching back below $80,000 after liquidations reached $1.30 billion. However, market indicators suggest that this could be a golden opportunity for risk-taking investors.

Currently, there are 478,000 addresses at $78,981 that are close to breaking even, while 5.94 million wallets of $61,129 have taken profits. This suggests that many investors are opting to exit as the price of Bitcoin (BTC) declines. However, the rising bid-ask ratio indicates a stronger buying interest from the market side.
Retail long positions remain steady at 73%, an indicator that often precedes sharp price reversals. On the other hand, a similar setup last March managed to bring Bitcoin (BTC) back up from $77,000. The question that arises now is, is this dip also a bear trap that will trigger a price increase?
Also Read: Bitcoin (BTC) is recovering, but big hurdles still loom in April 2025

With the Federal Open Market Committee (FOMC) decision approaching, crypto markets are bracing for potential volatility. Despite mounting concerns, bid-ask ratios remain high, suggesting that buying interest is still strong. Predictions about interest rate cuts are also gaining ground, with some analysts predicting up to four cuts to address the post-tariff demand slowdown.
This increases the chances of a recession from 40% to 60%, and even JP Morgan predicts an interest rate cut is imminent. Bitcoin (BTC) is in a crucial position, depending on the next move from the Federal Reserve. Although short-term volatility is likely to occur, long-term holders of Bitcoin (BTC) have increased their accumulation, adding 14,000 BTC since April 6, hitting a three-month high.
Although Bitcoin’s (BTC) bullish structure is starting to show cracks, key support levels are starting to split. However, if the buy-side absorption can hold, there is potential for a sharp rebound. On the 12-hour heatmap, a liquidity cluster of $72.94 million at $75,798 has been triggered, resulting in a bounce of 1.20%. This could be an indication of absorption or just a temporary relief.
However, with rising Open Interest and continued pressure from the Federal Reserve, as well as accumulation by long-term holders (LTH) hitting a three-month high, the current decline may fit the “high risk, high reward” scenario. If the liquidity cluster continues to be absorbed, Bitcoin (BTC) may be poised for an aggressive recovery.
With all these indicators, investors should stay alert to the fast-changing market dynamics. While risks remain, opportunities to profit from a potential Bitcoin (BTC) rebound are also wide open. Readiness to take quick action and the right information will be key in dealing with the current crypto market volatility.
Also Read: First XRP ETF in the US Launched, Provides New Investment Opportunities!
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.