#BTCRebound

Bitcoin price tags $86K as Trump tariff relief boosts breakout odds.Bitcoin $BTC (BTC) hit an eleven-day high on April 13 as the crypto market relief rally closely tracked US financial policy changes.

Bitcoin traders say brace for more volatility

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $86,000 for the first time since April 2.

The pair had reacted well to news that US President Donald Trump had decided to exclude certain key products from his ongoing trade tariffs against China.

Traditional markets are closed on weekends —creating lower-liquidity trading in crypto markets and raising the chance for price volatility— with Bitcoin subsequently dropping under $84,000.

With hours to go until the weekly close, BTC/USD was thus up 7% for the week, having started with a trip to new five-month lows.

Commenting, traders were cautious over BTC price strength.

Call me crazy but I don’t think I trust this breakout on $BTC.

Low volume, overbought stoch, and on a weekend.

If we can remain over 84k through Monday I’ll look for higher but for now this seems sketchy. pic.twitter.com/qKVdYAOYPJ

— Roman (@Roman_Trading) April 12, 2025

Daan Crypto Trades noted the ongoing interplay with the 200-day exponential moving average (EMA) at $85,000.

“This is however still a weekend move so far and we know next week will be volatile again with news regarding tariffs and the first big tech earnings coming up,” part of a post on X read.