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by Marcus Klebe
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Bitcoin at the 200-Day Line – Focus on 85,000 USD

Bitcoin at the 200-Day Line – Focus on 85,000 USD

As we enter April 1st, Bitcoin is coming into focus alongside currencies and indices. The key event on the horizon: Donald Trump is expected to announce major tariffs on April 2nd, which could trigger increased market volatility.

Key Price Levels to Watch

🔹 85,000 USD remains a crucial support level, with the next significant resistance at 92,000 USD.
🔹 As long as Bitcoin trades below these levels, the overall trend remains bearish.

Market Expectations: Trump’s Impact on Bitcoin?

📊 The market currently anticipates tariffs around 15%. If the actual announcement turns out to be less severe, it could be seen as a positive signal, potentially driving increased buying interest.

With this in mind, all eyes are on tomorrow’s decision, which could spark Bitcoin’s next major move.

Disclaimer:

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