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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:

The content we produce does not constitute investment advice or investment recommendation (should not be considered as such) and does not in any way constitute an invitation to acquire any financial instrument or product. The Group of Companies of JFD, its affiliates, agents, directors, officers or employees are not liable for any damages that may be caused by individual comments or statements by JFD analysts and assumes no liability with respect to the completeness and correctness of the content presented. The investor is solely responsible for the risk of his investment decisions. Accordingly, you should seek, if you consider appropriate, relevant independent professional advice on the investment considered. The analyses and comments presented do not include any consideration of your personal investment objectives, financial circumstances or needs. The content has not been prepared in accordance with the legal requirements for financial analyses and must therefore be viewed by the reader as marketing information. JFD prohibits the duplication or publication without explicit approval.

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