The overall rate of the rate caused by the blanket of the president of the United States, Donald Trump, 10% of the rate of all countries, as of April 5, continues to increase, sending shock waves through global markets. In a strong retaliation, China has announced an 84% tariff on US imports, after Washington’s move to increase tariffs on Chinese products to 104%.
Bitcoin shows weakness in the midst of the growing global tariffs
This growing economic tension has injected significant volatility in traditional and digital asset markets, with Bitcoin (BTC) that show signs of weakness amid the growing uncertainty.
In the last seven days, Bitcoin has decreased by 9.1%, falling from approximately $ 87,100 on April 2 to around $ 76,000 at the time of writing. The weakness is not isolated, since alternative such as Ethereum (ETH), Solana (Sun) and XRP have published two -digit losses, with lower performance even the cryptocurrency.
Meanwhile, the probability of a global recession has spiked to 68%, its highest level from the height of the COVID-19 pandemic. The main capital markets are also under pressure, with the Dow Jones Industrial Avenge falling 9.8% in the last five days, one of its most clear short -term decreases in recent memory.
Despite the severe Macroeconomic context, the outstanding cryptogoas analyst Cryptagos believes that there is still no need for panic. Sharing a historical BTC price table, the analyst said that “each bullish market sees great corrections”, and that the current fall is not unusual.
In a separate publication on X, Cryptagos also stressed that cryptographic whales, wallets with substantial BTC properties, accumulate at an unprecedented rate. While this could indicate the confidence of institutional players, it can also suggest potential volatility ahead, since large investors can manipulate prices and trigger “bull traps” to shake retail merchants.
On the other hand, the Master of Crypto analyst presented a more optimistic perspective. Pointing to a Alcista divergence Forming in the daily BTC table, the analyst suggested that Bitcoin could point to $ 83,500 in the short term if current support levels are maintained.
Is BTC aimed at $ 65,000?
However, not all experts share this enthusiasm. Crypto’s Titan commentator warned that BTC is approaching a critical turning point. He shared the next weekly box that shows Bitcoin testing two historically strong support levels: the simple mobile (SMA) average of 50 weeks about $ 73,000 and an upward trend line of 2 years around $ 65,000.
Despite short -term contradictory opinions, a recent Binance research report emphasized The underlying force of Bitcoin. The report said that, despite the growing tariff pressures, BTC’s monthly closure in March 2025 kept The uphill market structure. At the time of writing this article, BTC is quoted at $ 76,756, 4.1% less than in the last 24 hours.
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