$BTC
Bitcoin (BTC) has shown a notable rebound this week, climbing to approximately $82,500 after plunging to a YTD low of $74,508. The sharp sell-off earlier in the week triggered widespread liquidations totaling $2.18 billion, underscoring ongoing market volatility and investor anxiety.
Key Drivers:
Trump’s 90-day tariff pause helped calm broader market sentiment, giving BTC a short-term boost.
Ongoing macroeconomic uncertainty and regulatory scrutiny continue to pressure crypto markets.
High leverage across exchanges contributed to the large-scale liquidations.
Weekly Outlook:
Support Zone: $75,000 – $77,000 — key to maintaining bullish structure.
Resistance: $83,000 – $85,000 — breaking above could signal a stronger recovery.
RSI & Momentum Indicators: Suggest neutral-to-bullish short-term sentiment, but recovery may be fragile.
Conclusion:
Caution remains essential. While the rebound is encouraging, the broader crypto market still faces macroeconomic headwinds and high volatility. BTC's ability to hold above $80K will be crucial for bullish continuation.
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