#TariffsPause
Bitcoin is currently trading around $93,528, after reaching an all-time high of $109,464 in January 2025. On the daily chart, the price shows fluctuations within the range of $80,000-$97,000, with strong support at $80,000 and resistance at $97,000. The Relative Strength Index (RSI) and MACD indicate slight downward pressure, reinforcing caution in the market. On the weekly chart, the price shows a potential correction pattern after breaking the resistance of $90,000, but it has not established stability above $100,000. The analysis indicates a potential short-term drop toward $78,500-$80,000 if the price fails to break $97,000, with upward opportunities to $110,000 upon breaking the resistance. It is advisable to monitor economic news and institutional movements to confirm the trend.