Odaily News ARK Investment Management released a Bitcoin reading report for April 2025, which pointed out that the economic outlook signals from inflation, market sentiment, and tax data are mixed; however, the data shows that the Bitcoin price rose approximately 14% in April, outperforming the S&P 500 index.
In addition, the report also mentions that the current price pullback of Bitcoin has not exceeded 30%, and technically it is still in a bull market range. If it falls 30%, 50%, and 70% from the historical high, the corresponding price levels would be approximately $74,311, $53,080, and $31,848, respectively. Additionally, the number of unrealized loss Bitcoins held by long-term holders (LTH) is approaching 3.5 million, the highest level since 2018, indicating that the market may be in an oversold condition.