Bitcoin suddenly decreased in the past few hours, just less than $ 83,000 to less than $ 79,000.
When doing this, the market witnessed an increase in liquidation levels, as interest jobs were eliminated approximately $ 600 million, According to To data from Coinglass.
The move comes after a few “quiet” days, during which BTC excels on major indicators, which prompted many to determine its characteristics as a digital store for value.
Commenting on the matter, Jonan Randing, a famous analyst, explained that BTC appears to be on his way to strike Weekly 50 EMA, which was historically as a good level of support during bulls, and immediately asked the question about whether we were in the Thor market at all.
Bitcoin is about to reach Weekly 50 EMA – historically a good level of support in the bull market.
But are we in a shocking market? pic.twitter.com/otb0xuzpw
Jonatanrlz April 6, 2025
Meanwhile, the markets are subject to serious tension in anticipation of mutual definitions on behalf of the European Union, after Trump’s decision to impose 20 % of the fees on European Union imports.
Merchants seem to be preparing for the “bloody” market on Monday, after the worst trading week for the main indicators such as the S&P 500, Nasdaq 100, and DJI since Covid crashed in 2020.
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