Bitcoin (BTC) reversed the clock this week, when the tariff chaos stretches the BTC price in the direction of 2021.

• Bitcoin gives up the support line on the left and right bull market when the recent “death cross” ends with the BTC/USD chart.

• The CPI Week is strongly overshadowed by American trading tariffs and their more and more global impact on stock market markets.

• Both participants of the cryptocurrency and Tradfi market apply comparisons with “Black Monday” 1987 and a disaster between the Covid-19 market.

• The speculative base of Bitcoin investors is definitely beyond the pocket and is probably more and more tempted to panic.

• Sentiment around the world does not exist, and the Tradfi Fear & Greed index records the lowest result in history.

BTC The “Death Cross” price brings 2021 ups

Bitcoin risks a decrease below the ancient highest all time since March 2024. Then data from Cointelegraph Markets Pro i TradingView can be seen.

After a decline for the first time below $ 75,000 from November, BTC/USD will wake up quickly, long -forgotten bull market lines. These include USD 69,000, a level that first appeared in 2021.

Diving, which took place as a follower a few days after the stock market markets began to fear sedate losses, surprised many.

Is our unqualified hedge in the room now?

– Charles Edwards (@caprioleio) April 6, 2025

“This is the last BTC chance to maintain the macro structure”, a popular Kevin Svenson analyst summarized In the warning on X.

Among the trend lines currently lost as support, there is a 50-week interpretation average (EMA) at around USD 77,000.

IN X thread In the coming week, the popular Crypnuevo trader described the price violating this level as “the only short trigger I will pay attention to.”

“If we drop the support below and return over it, I will consider it as a deviation and this will be my long trigger to pushes to $ 87,000,” he explained.

Meanwhile, commercial materials indicators meant a characteristic “death cross” in everyday time frames. This typical bear signal covers a 50-day straight movable average (SMA) exceeding its 200-day equivalent.

“The momentum transporting this cross of death, puts BTC on a critical macro support test”, IT he said X followers.

“Wait for further information …”

The CPI week meets the emergency stake cutting

Similarly to last week, American trading tariffs are the main point of conversation on financial markets around the world.

The impact of funds announced last week is still felt, because the rush of vodka on risk assets is now powered by the perspective of more tariffs established to issue on April 9.

In an interview with the main media on the weekend, the Secretary of Trade Howard Lutnick confirmed that the US government will immediately continue the funds.

“Tariffs are coming”, he he said CBS messages.

https://www.youtube.com/watch?v=cnetiyk8cz

By diving sentiments and panic among market participants from trading offices to hedge funds, we do not pay attention to other potential variability catalysts this week.

They will arrive in the form of American inflationary data, the key topic itself, because the risk of tariffs causes an unexpected boost in prices.

The marching prints of the consumer price index (CPI) and the manufacturer’s price index (PPI) are due on April 10 and 11.

Earlier, Jerome Powell, chairman of the federal reserve, said that although the tariffs would have a noticeable impact on the US inflation battle, it would be challenging to assess it exactly.

“As new policies and their likely economic effects become clear, we will have a better sense of consistency for the economy and monetary policy,” he said later during a speech last week.

Market expectations of the Fed alleviating policy in order to compensate for tariffs clearly reflect interest rate forecasts.

The latest data from the CME group Fedwatch tool Now it shows that the consensus is conducive to a reduction in the rate by 0.25% at the Fed’s May meeting – earlier than at the June period accepted to this weekend.

In informal circles, including social media and prognostic platforms such as PolymarketThe “emergency” factories of the upcoming rate are growing rapidly.

“The federal reserve may soon reduce the emergency rate”, founder and general director of Professional Capital Management Anthony Pomplianiano anticipated at the weekend.

“Inflation has dropped to the lowest levels from 2020. If this is continued, it will be a big problem.”

“Black Monday” 1987 or Covid-19 repeat?

In a compact period of “effects” of tariffs, it is feared to take into account a market disaster similar to “Black Monday” in 1987.

According to Cointelegraph, market reactions to the first round of mutual tariffs were foundations on the confusion at the upcoming Wall Street Open.

The 10% decrease in the next two days took place for the fourth time in history.

October 1987.
October 2008.
March 2020.
April 2025.

In 1987 and 2020 it meant the bottom.
In 2008 it took one more month to mark the bottom.

– Michaël van de poppe (@cryptomichnl) April 6, 2025

For a trader, analyst and entrepreneurs Michaël van de poppe, Black Monday Crypto is here.

“I think we’ll see a rollercoaster 1-2 weeks in which we have a minima attempt for Bitcoin. warned X observers on April 7.

Van de Poppe recognized the emergency rate of the FED as the only logical path of escape to stop the risk of risk.

Meanwhile, commercial resources Kobeissi magazine pointed to large losses on both Chinese and Japanese actions during the first weekly commercial session in Asia.

“We see the first switches on the market since March 2020.” Reported.

Kobeissi described Market sentiments as “polarized”, using many comparisons with the disaster between the Covid-19 markets in March 2020 and later.

“This is by far the most panic we have seen on the market since March 2020. In fact, we can approach the levels of panic investors above March 2020.”, It in addition.

“Currently, this is a widespread rush to go out for investors.”

Hodler’s new losses will multiply

In Bitcoin, investors’ cohort is likely to be capitalized first, short-term owners (STHS)-more speculative entities on the market with the date of entry in the last six months.

According to CointeLgraph, these investors are very sensitive to BTC prices, and their panic creates a vicious circle on the market.

Data from Onchain Analytics Cryptoquant platform now show that Kohorta STH is increasingly falling into red.

Profit profit rate (SOP), which follows the STH coins moving with profit or loss, are currently below the recorder.

“When the STH-SOP drops below 1.0, it reflects that investors are aware of the short-term loss-classic surrender signal,” noted Cryptochan Yonsei’s collaborator, he noted in one of his “”Rapid“Blog posts.

“Looking back at 2024, the main price corrections were accompanied by sharp STH-SOP declines, often reaching or falling below -2 standard deviation. These moments-in, in particular in May, July and August-used to panic sales among short-term market participants.”

Less than USD 80,000 BTC/USD is now convenient in terms of aggregate cost for STH investors, Cryptoquant confirms.

The total aggregate base of Bitcoin, which includes long -term owners, is currently $ 43,000.

Sentiments of the entries of the Bear

In a sobering, but probably bizarre movement, the range of bears on classic markets, measured by Index of fear and greedfell to extreme.

Related: The risk of Bitcoin failure up to USD 70,000 in 10 days is growing – the analyst claims that this is a “practical bottom” BTC

The latest data from the index that apply a basket of factors to calculate the market mood, give a reading only 4/100.

“It has never been so low: not in Covid, not after the fall of FTX”, a popular atlas cryptographic commentator excellent.

Crypto will still survive the storm, slightly better, with Cryptographic Index Fear and greed at 23/100 April 7.

In addition to panic, some voices carefully indicate that now is the perfect time to “buy immersion” – for shares or in crypto.

“This does not necessarily mean that there is an absolute bottom, but in general it is at least a local opportunity,” argued the founder of the quantitative Bitcoin and Digital Asset Fund investment, he argued in X thread.

Edwards raised both stubborn and bears of arguments and came to the conclusion that there was a lot of risk left, especially on the Bitcoin bull market.

“To be an honest Bitcoin very well last week, but at the weekend he played over the transformation (to the minus). In anticipation of many unforeseen messages, Bitcoin will be difficult to fight correlation = 1 event between risk assets, we saw something similar at the beginning of 2020.” he commented.

“This is said, you should pay attention to historically significant relative strength. We can probably expect Bitcoin to accumulate the most difficult from the DNA, wherever and when it is.”

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.