BTC bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend.
Tariff wars have rocked both traditional markets and the cryptocurrency markets in the past few days
Although analysts remain bullish for the long term, some expect a short-term decline.
Bitcoin is struggling to rise and sustain above the 20-day exponential moving average ($85,246), but a positive sign is that the bulls have not ceded much ground to the bears.
That increases the possibility of a break above the 20-day EMA. If that happens, the BTC/USDT pair could rise to the 50-day SMA ($90,469)
Both moving averages are flattish, but the relative strength index (RSI) has risen into the positive zone. That suggests the bullish momentum is picking up. The first sign of strength will be a close above $87,500. That could open the gates for a rise to $92,500.
