Bitcoin Weekly Forecast: BTC holds steady, Fed warns of tariffs’ impact, as Gold hits new highs :
Bitcoin price steadied this week, holding $84,000 support despite lingering macroeconomic uncertainty.
Fed Chair Jerome Powell highlights the impact of larger-than-expected tariffs, high inflation risk, and slow economic growth.
Gold upholds its bullish streak and hits new highs at $3,357 as investors sidestep Bitcoin as a safe-haven asset.
BTC shows immense strength amid a developing bullish structure for a breakout, targeting $97,938.
Bitcoin (BTC) price consolidates above $84,000 on Friday, a short-term support that has gained significance this week. The world's largest cryptocurrency by market capitalization continued to weather storms caused by United States (US) President Donald Trump's incessant trade war with China after pausing reciprocal tariffs for 90 days on April 9 for other countries. Bitcoin exchanges hands at $84,605 at the time of writing on Friday, with its technical structure suggesting that a breakout may soon be imminent.
$BTC