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Bitcoin

Bitcoin Relief Rallly wanders where the White House emphasizes 104 % of Chinese definitions – will BTC decrease to its lowest level?

Bitcoin’s surprise recovered to $ 81,180 – which was affected by fake news regarding the stopping of American tariffs – evaporated after the White House confirmed that 104 % of the tariffs on China would start on April 9.

S & P 500 Drops of Weights inside the day follow the confirmation of the White House tariff. Source: x / kobeissi message

After declining to less than the level of $ 75,000 for the first time since November 6, 2024, BTC has reselling the main demand zone that traders hope to provide a safe haven for bulls.

The Safe Haven is a fair valuable gap between $ 77,000 and $ 73,400, and this area was created during the Trump pump in November 2024.

BTC/USD daily chart. Source: Cointelegraph/Tradingvief

The founder of MN Capital Michael Van De Poppe was earlier Assure This bitcoin needed to re -test this area “before returning up”.

“The attack Bitcoin $ 80,000 is a strong sign,” He said Van De Poppe in another X Publishing on April 8, adding:

“I don’t know if we would get another drop or if we have seen everything.”

BTC/USD daily chart. source: Michael van de Bobby

An analyst colleague shared a generation of similar feelings, Saying Bitcoin was near $ 79,000 on April 7 after it decreased to $ 74,400 was impressive compared to how to perform shares.

“Waiting for dust stability – the price is expected to rise up as soon as this happens.”

Related to: Bitcoin might compete with inflation during the next decade – Adam Odeh

Long -term bitcoin activity bouts for BTC price

Onchain Analytics Cryptoquant platform now shows that long-term holders (LTHS)-individuals and entities who kept Bitcoin for more than 155 days-can prepare to sell their coins, especially after the last accident.

It measures the working days that were destroyed in the currency that was destroyed (CDD).

There was a huge height of this scale on April 7, indicating that old currencies wake up, which are historically a declining sign.

A scheme published by an encrypted shareholder, IT technology, in one of it.QuickTakeThe blog publications showed that when the scale rose on April 2, the bitcoin price decreased from $ 88,000 to $ 81,000.

A similar rise was seen on March 27, before the price decreased by 7 % over two days.

When a similar height was discovered on April 7, the analyst asked whether the long -term Bitcoin holders were “preparing for sale again?”

Bitcoin: Exchange of a CDD flow. Source: Cryptoquant

If history repeats itself, the Bitcoin sale may continue for another few days, with March 2024 rising at an ever near 74,000 dollars to offer the first defense line.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.