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Price Prediction

Bitcoin bottom on the horizon, where Trump was expected to relieve the situation on the mutual tariff: Report

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According to the hadith a report Through 10X Research, Bitcoin (BTC) may try to form a local bottom, where US President Donald Trump is expected to reduce his position on mutual definitions, which is scheduled to enter into force on April 2.

Even only for Bitcoin?

Bitcoin to $ 77,000 on March 10 may have a sign of the upper part of the cryptocurrency in the current market cycle. Since then, digital assets have been estimated at more than 10 %, and trading in the mid -$ 80,000 range at the time of writing this report.

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The 10x Research report indicates that the recent Trump axis towards “flexibility” in the commercial tariffs on the next 2 may reduce some concerns about more deterioration in the total global economic expectations.

In addition, the report emphasizes the Federal Reserve Federal Reserve after the FOOC Open Market Committee (FOMC) meeting for this month, where the central bank indicated that it will slow down the pace of the public budget and end the current session of quantitative tightening.

Federal Reserve notes followed Release From inflation data at the Consumer Prices Index (CPI) in February 2025, which are in line with expectations, reduce concerns about inflation. The report claimed that BTC has formed a bottom alignment with the last acting businessman Arthur Hayes statementHe indicated that BTC may have “perhaps” $ 77,000.

The following graph shows a upscale on a 21 -day moving average for BTC, which is currently at $ 8,200. The report indicates that these weekly reflection signs have usually returned to levels when the previous bull markets resumed.

10x
source: 10x search

For example, in September 2023, BTC benefited from the bullish momentum as it gained the narration of the boxes circulating in the Bitcoin exchange (ETF) traction. Likewise, BTC began a historic gathering in August 2024 as the American presidential elections approached.

In addition, talk mail On X by veteran encryption analyst, Ali Martinez stands out that bitcoin transactions fees have multiplied about three times during the past week, indicating an increase in network activity with the improvement of market morale.

on
source: Ali_charts on x

BTC is still completely upward

While Trump’s softening position on customs tariffs is good news about the assets that manage risks such as cryptocurrencies, BTC still needs to penetrate and maintain certain price levels to restore strong bullish momentum.

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Modern analysis by Martinez It was identified 94,000 dollars as a decisive price level for BTC to overcome. If digital assets are decisively penetrated and maintained this level, it may be preparing to $ 112,000.

However, fears Remain About the poor performance of the prices in BTC relatively compared to the origins of other safe assets such as gold. At the time of the press, BTC is trading at $ 87,650, an increase of 3.6 % over the past 24 hours.

Bitcoin
BTC is trading at $ 87,650 on the daily chart source: BTCUSDT on Tradingview.com

Distinctive image from UNSPLASH, plans of 10x Research, X and TradingView.com

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