As of April 4, 2025, Bitcoin (BTC) is trading at approximately $82,694 USD.

Recent market movements have been influenced by the announcement of new U.S. tariffs, which are set to commence on April 5. These tariffs have contributed to a decline in Bitcoin's price, reflecting broader market uncertainties.

Technical analysis indicates that Bitcoin is approaching a critical support zone between $78,800 and $76,000. A rebound from this area could potentially lead to a price increase toward the $90,000 resistance level. Conversely, failure to hold this support may result in further declines.

Additionally, Bitcoin is nearing a 'death cross,' a bearish signal where the 50-day moving average crosses below the 200-day moving average, suggesting possible continued downward momentum.

Market sentiment remains mixed, with some analysts forecasting potential rebounds if Bitcoin surpasses the $88,000 resistance, targeting ranges between $92,500 and $95,000. However, failure to break this level could lead to corrections toward $82,500.

This is not financial advice, only data analysis. Please consult a qualified financial professional for personalized guidance. #CryptoTariffDrop $BTC