Bitcoin (BTC) holds a fort when the trade war in the USA is crazy until the third week of April.
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BTC of the price campaign is trying to overcome the long -term resistance trend line without success, because the fears of the trade war determine the expectations of traders.
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Tariffs are a key macroeconomic topic of the week, because risk assets are preparing for potential headers of surprise.
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ETF Bitcoin lost almost $ 800 million per week, while the strategy indicates that it bought a decrease.
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Despite the tariff pressure, the weakness of the American dollar may be a blessing in the disguise of bitcoins and risky assets.
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The global M2 money supply is at the highest level and increases; Will Bitcoin track history and repeat his past?
Bulls fights the key line of BTC price resistance
With traders on the search for variability associated with the tariff this week, BTC prices analysis is enlarged.
BTC/USD closed last week by 6.7%, data from Cointelegraph Markets Pro i TradingView confirms.
BTC/1-hour chart. Source: Cointelegraph/TradingView
Then, however, a real test appears, passing out of the trend line, which for months circumscribed the advantages.
$ Btc – #Bitcoin: I watch this chart carefully. We can be ready. pic.twitter.com/dtv1jkrzkp
– Crypto Caesar (@cryptocaesarta) April 12, 2025
“Rejected in key resistance, following the trend line perfectly,” wrote Bitbull Trader in his latest post about X.
“If the collapse persists, eyes to the support zone worth $ 70,000 to $ 72,000 for possible reflection.”
12-hour BTC/USD chart. Source: bitbull/x
Another trader and Rekt Capital analyst also looks at the trend line, because the breakthrough turns out to be hard to confirm.
“Bitcoin closes above the inheritance every day. So there is a confirmation of the breakthrough,” he he said X observers at the weekend.
“However, BTC has previously closed above the inheritance factor, but it was not possible to test again (several red wheels). RATEST must be successful and is pending.”
1-day BTC/USD chart. Source: Rekt Capital/X.
The popular AK47 trader on X has published separate BTC price and inheritance prices, depending on the result of testing the trend line again.
“$ Btc can push up to $ 88,000 – but don’t be too comfortable”, he carefully.
“It can be false, grabbing liquidity before a decrease to $ 81,000 for configuration of the opposite head and shoulders. If it goes, $ 95,000 – $ 100,000 is not far away.”
4-hour BTC/USDT table. Source: AK47/X.
Tariff conversation keeps markets on the edge
Cichosze a week for us, macroeconomic data leaves the initial claims of unemployment as the most critical point, while the ongoing trade war still dominates.
With China, risk assets and cryptographic flash variability should be more surprises including trade tariffs.
At the weekend of Snap Relief in this respect, as US President Donald Trump announced a pause about tariffs regarding key technological products. As a result, Bitcoin increased to 11-day maxims above $ 86,000.
Later tips that the funds would be transient and then would bring back pressure on the action of the action, while BTC/USD withdrew to USD 84,000 at the time of writing.
“We believe that” tariff exclusion “announced this weekend was originally intended for temporary”, the commercial resource of the Kobeissi letter wrote in part Reaction X.
“The goal was to bring the treasure’s profitability before resuming the trade war.”
S&P 500 1-hour chart. Source: Cointelegraph/TradingView
Kobeissi suggested that the markets originally recognized this traffic as a signal that the trade war could end completely, but disappointed by the day later.
“Bonds will probably continue to gather with shares, but uncertainty only increased. The bond market is the king,” he added.
Continuing, the Mosaic Asset trading company agreed that the bonds could have been crucial for changing the trajectory of politics last week.
“This variability in other areas of markets, such as currency and tax bonds, could force rapid trade in the field of trade and tariff policy,” was summarized in the latest edition of their constant newsletter “,” “,”Market mosaic“, April 13.
“The uncertainty of tariffs has become a binary and unpredictable event for the stock market. Signs of tensions drive a defect, while alleviating the tensions sends actions violently in a different direction.”
Bitcoin ETF outflow “barely registers”
A sign of how turbulent it was last week in the form of net flows from American Bitcoin rotary funds (ETFS).
In one of the worst weeks for ETF products, $ 750 million passed since their debut at the beginning of 2024.
However, there is nothing to worry about for the economist of the Timothy Peterson network.
By increasing, he noticed that even nine -digit payments, such as this, does not make almost any difference in the general investment pool, which ETF created in just over a year.
“Last week, ETF from Bitcoin USA had its 5th worst week in history (in terms of drain). Over $ 700 million. However, he barely registers as a hit on the chart”, he he said X followers.
“This is how a gigantic bitcoin has become. These investments are so sticky.”
ETF balances from Bitcoin Bitcoin. Source: Timothy Peterson/X.
Meanwhile, among the main investors who want to “buy DIP” was the Business Intelligence strategy (formerly Microstrategy), whose co -founder Michael Saylor suggested that this weekend he raises the BTC exhibition.
“Without tariffs for orange dots”, he wrote in post X with a chart of strategy acquisitions.
Bitcoin holdings strategy data. Source: Michael Saylor
Whether Bitcoin will appear as an attractive proposition for institutional investors’ cohort, while the uncertainty of the trade war is questionable.
The survey conducted by Bank of America at the end of March showed that the respondents had a majority favored gold as a protection of variability, and 58% chose it.
“Compared to only 9% for 30-year tax bonds and 3% for bitcoins,” wrote Kobeissi reporting About the findings.
“Put the crisis of expenses in the US deficit, and gold quickly becomes the only global resource of a protected marina.”
BOA survey results. Source: List Kobeissi/X
Dollar Nurce gives the risk of hope for relief
The American dollar can still provide some light at the end of the tunnel for cautious traders this week.
The trade war was affected by Greenback, and when it is measured with the main currencies of trading partners, its weakness is clear.
The American dollar index (DXY) fell last week to a three -year minima, and in the moment of writing he re -questions these falls.
Markets selling the dollar even lower Monday. DXY has fallen by 100, as well as low level 2023 in the last few hours, currently the lowest in 3 years pic.twitter.com/mj8wvvjuy2
– David Ingles (@Davidinglesv) April 14, 2025
Although far from a constant, Bitcoin’s relationship with the dollar force tends to demonstrate that profits occur after earnest DXY losses, although with a delay of several months.
For this purpose, the popular Bitcoindata21 analytical account is looking Repeat the events From 2017, as a result of BTC/USD of all time at the end of the year.
American dollar index (DXY) fractal. Source: bitcoindata21/x
Another chart sent to X at the weekend showed the relationship between DXY, Bitcoin and S&P 500, ensuring ideal conditions at the long -term bottom in the latter.
The last time has come a signal that came about a month before Bessy Bitcoin at the end of 2022.
“I have 99 problems, but DXY AINT 1”, summed Bitcoindata21.
BTC/USD vs. S&P 500 vs. DXY. Source: bitcoindata21/x
Bulls market in creation?
Within longer time frames, an equally promising trend is played for Bitcoin Bulls.
Related: Bollinger Bands Creator says Bitcoin creates a “classic” floor near $ 80,000
The global M2 money supply, with which Bitcoin price is positively correlated, tries to break out of the highest level.
“Global M2 remains in ATH for 3 days in a row”, the analyst Colin says Crypto recorded in Dedicated x post About phenomena this weekend.
“This is a fantastic sign for what he signals will enter the risk assets for ~ 108 days.”
BTC/USD vs Global M2 Supply. Source: Colin talks about Krypto/X
The post refers to a chain reaction, in which the acute movements in global imitative M2 Spark for Bitcoin after the period of delay.
Earlier, however, there may be the last opportunity to “buy a dip”.
“Global M2 (with a 108-day shift) does not show up for the next ~ 2 1/2 of the week and actually shows slow bleeding to the next week to around 16 or 17 April,” confirmed by Dolin Crypto.
At the beginning of this month, the analyst provided for the “large influx of M2”, with an appropriate BTC price reflection in May.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
