Analyst: BTC could rebound to $90,000 as Trump eases tariffs
According to Cointelegraph, analysts say Bitcoin may have bottomed out or could rebound to $90,000. President Trump has expressed a willingness to ease tariffs, and the Federal Reserve has resisted short-term pressure.Markus Thielen, founder of 10x Research, noted that Bitcoin is trying to form a bottom, supported by Trump’s flexible attitude towards the upcoming tariffs. The Federal Reserve said at its March meeting that it would ignore short-term inflationary pressures.Thielen also mentioned that Bitcoin’s 21-day moving average is now $85,200, and multiple reversal indicators have turned bullish. Bitcoin is currently trading at $85,720, up 2.1% in the past 24 hours.
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