Bitcoin was stuck in a narrow range between 82,000 dollars and $ 86,000, even when total economic tensions began at the end after weeks of uncertainty.
With the launch of Bitcoin Odeh, she also wore Crypto Marketization, as about 5 % recovered during the weekend to settle near the $ 2.8 trillion brand on Monday.
Altcoins continued to delay with the appearance of trading attention, with Meme currencies and a few large symbols that lead the plans.
Market morale, while improved the levels of intense fear last week, still decreased by 14 points, as Bulls struggled to violate the resistance of $ 85,000.
Will the price of bitcoin rise?
The main reason that dictates market morale remains discussion on American technology tariffs and the uncertainty surrounding it.
Bitcoin witnessed a brief mass on April 11 after President Trump announced the exemptions of customs tariffs of technical products such as semiconductor, smartphones and computers.
The news initially raised the market morale, especially since the Blockchain infrastructure and infrastructure are highly dependent on global technical supply chains.
However, this optimism quickly faded. Just two days later, Houard Lottennik Minister of Trade explained that relief was only temporary.
President Trump later confirmed that the prices of actual tariffs will be announced next week, adding that there may be flexibility for some companies.
Lack of clarity means that any sharp step in the price of bitcoin is suspended, at least so that there is more transparency about the form of this customs tariff in reality and how it will affect the broader technological ecological system associated with encryption.
In countless markets, the prediction platform, traders are not fully convinced of an immediate break also; Only 52 % expect that BTC will remain above $ 85,000 by near Wednesday, reflecting the broader uncertainty surrounding tariff developments.
source: Countless markets.
Given the daily bitcoin plans, Bitcoin seemed to pushing the lower border of Ichimoku cloud, a widely used indicator that comes out of potential support and resistance areas.
Currently, this cloud behaves like the ceiling, which leads to a high level of bitcoin around the level of 85 thousand dollars that represents a problem since early February.
The last twice Bitcoin was rejected at this level, the last time on April 2 and older than February 21, resulted in a sharp decrease, both BTC pulled along the way to about 75,000 dollars. see below.
This makes the current preparation difficult for bulls. While there is an increasing interest in long situations in the options market, this cloud resistance means that risk bonus is not completely favorable.
Bitcoin needs a decisive closure above $ 85,679. The daily closure above this level means getting out of the cloud, which is usually seen as an upward confirmation of Ichimoku analysis.
However, some market analysts see signs of increased strength.
Rekt Capital highlighted that Bitcoin has turned the multi -month downward trend line to the first time after several failed attempts earlier this year. see below.
Bitcoin succeeded in re -testing the multi -declarative trend as support for the first time
If the test continues, this may help build Bitcoin momentum to challenge the resistance of $ 85,679 and a broken Ichimoku cloud.
However, for the bullish confirmation, 90,000 dollars still is the main resistance that needs to be broken, according to the analyst’s colleague Donalt.
He pointed out that if Bitcoin managed to scan 90,000 dollars, a major psychological resistance level, especially in addition to a more position than the White House on the definitions, it can lead to what he described as “a full send.”
> 90 thousand dollars and we send completely as long as the White House calms down a little in general if Trump is walking on its definition now, it may seem that they have failed greatly, and I expect a full transmission here, more than that if we cross 90 thousand dollars
In the midst of this background, the baccalaureate goals remain much higher than $ 100,000. For example, the founder of the strategy Michael Celor He said During the weekend, Bitcoin can prepare for about $ 125,000.
At the time of writing this report, Bitcoin wiped most of the day’s gains, traded at $ 84.102, an increase of only 0.4 % a day.
Altcoins set modest gains
Over the past 24 hours, the maximum Altcoin market has decreased by 0.9 %, sitting about $ 1.1 trillion at the time of this report.
The Altcoin 15 season index, which means that 15 of the best 100 Altcoins has surpassed Bitcoin recently, so the Bitcoin season is still a lot, and its movements lead most events in the Altcoin market.
ETHEREUM (ETH), the largest altcoin, jumped by 4.9 % on the last day and is now trading at $ 1658.
It also witnessed modest gains of about 1-3 %, also witnessed the main altcoins such as XRP, Solana (SOL), Dogoin (Doge) and Cardano (ADA) modest gains around 1-3 %.
Of the 100 best coins, Fartcoin (Fartcoin) led the package with 8.7 % gains, followed by decentralization (Mana) and FLERE (FLR), and increased 6.4 % and 5.4 %, respectively. see below:
source: Coinmarketcap
However, some analysts say that the Altcoin market cover has formed a shedding pattern falling on the charts, a preparation that can lead to a large gathering in Altcoin if the penetration is confirmed.
Post -Bitcoin in the main decision area is lower
