Key Points from the Article:

Bitcoin’s failure to stay above $85,000 📉

After a quick rise from the five-month low of $74,300 to over $85,000, Bitcoin failed to maintain that level, increasing the likelihood of a drop below the lower boundary of the current price range. ⚠️

Impact of U.S. trade policy 🏛️

President Donald Trump announced a 90-day delay in the planned tariff hikes, but also introduced a 10% tariff on imports from all countries except China, which was hit with tariffs up to 125%. These measures led to a temporary Bitcoin surge 📈, but China’s potential retaliatory actions could trigger further market uncertainty. 🌐

Macroeconomic pressures 📊

Rising inflation and recession risks may negatively affect Bitcoin’s price. If central banks tighten monetary policy, investors could move away from risk assets, including Bitcoin. 💸

Technical levels to watch 📏

Analysts emphasize the importance of keeping Bitcoin above the 365-day moving average ($76,000). A drop below this could signal a return to a bearish trend. 🐻