In the financial world, the first quarter of 2025 has been like the old Disney ride, Mr. Toad’s Wild Ride, where you never know what the next turn will bring.
The chart below shows Bitcoin bouncing like a fast-dribbling basketball trying to escape a full-court press.
If the chart was a heart monitor, it went from a high cardio workout to sleep mode.
You will notice that the Dow Jones averages for the same period look similar. The point is that 2025 began filled with high hopes and quickly settled back to market uncertainty.
There is enough blame to go around the world a few times, but the financial markets reflect global uncertainty.
Polymarket bettors cite economic uncertainty and global tensions as the reason for the 51% chance that Bitcoin will end last week between $81K and $87K.
As of this writing, it sat around $85K.
Crypto’s Exchange-Traded Funds (ETF) are showing the same pattern, with February’s outflows…