The last statements from the FED and Trump have stirred Bitcoin, a bottom is in sight! Master analyst revealed BTC and altcoin expectations!

Bitcoin started the week with a rise ahead of the announcement of the PCE data, which the FED closely follows when making interest rate decisions.

In the face of this rise, while investors continue to approach cautiously, Markus Thielen, founder of 10X Research, stated that Bitcoin may have reached its bottom and could rise to $90,000.

The analyst, known for accurate predictions, indicated that with the easing of US tariffs and the FED's recent moderate stance on inflation, BTC could rise to as much as 90,000 dollars.

"Bitcoin may be forming a bottom supported by U.S. President Donald Trump's recent softening on reciprocal tariffs to be implemented on April 2 and the moderate tone from the FED's meeting on March 18-19."

Thielen stated that FED and Trump's factors have strengthened the macro outlook for BTC, saying, "The moderate tone of Fed Chairman Jerome Powell indicates that the Fed's put option remains intact and provides more support for a recovery in stock prices."

Thielen also stated that BTC's 21-day moving average is around 85,200 dollars and that several important indicators have turned bullish, reaching levels seen before past rallies, such as the ETF optimism in September 2023 and before the US elections in August 2024.

"In short, the technical groundwork for Bitcoin has now reset in a way that a renewed rise trend could emerge, and everything is ready for the rise.

However, BTC is still lacking a clear catalyst for a strong rally. Therefore, resistance may be encountered at the $90,000 level.

Finally, Thielen added that many altcoins have emerged from downtrends and are trading at more attractive levels.

However, it warned that BTC is still lacking a clear catalyst for a strong rally and may face resistance at the $90,000 level.