According to Francisco Rodrigues, Bitcoin (BTC) traded at $106,015.34, up 1.63%, buoyed by President Trump's decision to delay U.S. military action in the Israel-Iran conflict, which reduced prediction market odds of intervention. However, CryptoQuant analysts warn that BTC could drop to $92,000 if demand fails to rebound, citing a 60% decline in ETF flows since April and halved whale buying activity. Glassnode reported subdued on-chain activity indicating institutional dominance, while technical analysis suggests resistance near $109,000.

According to Francisco Rodrigues, Bitcoin (BTC) is trading near $106,000, buoyed by reduced geopolitical risks after President Trump delayed a decision on U.S. entry into the Israel-Iran conflict, as per Polymarket odds shifting from 70% to 40% for immediate action. However, CryptoQuant analysts warn that BTC could drop to $92,000 if demand fails to rebound, citing a 60% decline in ETF flows since April and halved whale buying activity. Glassnode notes subdued on-chain activity reflecting institutional dominance, while derivatives data from Velo shows $131.89 million in liquidations skewed toward shorts, with BTC dominance at 65%.

According to Francisco Rodrigues, Bitcoin (BTC) traded near $106,000 with a 0.9% daily gain as President Trump delayed U.S. intervention in the Israel-Iran conflict, reducing immediate war risk odds on Polymarket from 70% to 40%. However, CryptoQuant analysts project a potential BTC drop to $92,000 if demand fails to rebound, citing a 60% decline in ETF flows since April and halved whale buying. Glassnode highlighted subdued on-chain activity indicating institutional dominance.

According to KookCapitalLLC, Trump's successful completion of the China trade deal is expected to boost all financial markets this week, including cryptocurrencies. Historical data shows that positive trade developments between the US and China often lead to increased risk appetite among investors, resulting in higher trading volumes and price surges in assets such as Bitcoin and Ethereum (source: KookCapitalLLC on Twitter, 2025-05-11). Traders should monitor crypto market momentum closely, as a spillover from traditional markets could trigger significant price actions and short-term bullish trends.

According to Mihir (@RhythmicAnalyst) on Twitter, President Trump’s recent statements highlight his unpredictable nature, warning traders to anticipate both favorable and unfavorable market outcomes based on his actions. This unpredictability could increase volatility in cryptocurrency markets, especially for assets sensitive to U.S. regulatory and political developments. Traders should closely monitor Trump-related news as rapid sentiment shifts may impact Bitcoin, Ethereum, and altcoin price movements (source: Twitter/@RhythmicAnalyst, May 3, 2025).