Analyst: Crypto market volatility will continue until the macroeconomic situation eases, BTC's decline is a positive in the long run

Odaily News Later today, Federal Reserve Chairman Jerome Powell will speak on U.S. monetary policy sentiment. Powell's speech to the Economic Club of Chicago and the U.S. March retail sales report, expected on April 16, may give investors some insight into the Fed's outlook.
Kirill Kretov, senior automated trading expert at CoinPanel, expects that the volatility of the crypto market will continue until the macroeconomic situation eases, but the analyst believes that market price fluctuations are not important. We are currently in a period of economic fragility and overall risk aversion. These sudden fluctuations (up or down) are usually just noise and are part of a broader move to get rid of the weak. Now, the problem is not fundamentals or charts, but emotions and narrative control.
Puckrin, founder of Coin Bureau, said that a slight pullback in Bitcoin prices could actually be a positive. A short-term pullback to the $81,000 support level would be a healthy sign. As long as BTC prices remain above this level, it means that prices will continue to rise. Now we can only pray that Trump will not make any more earth-shattering statements. (The Block)