Bitcoin (BTC) repeated earlier volatility to Wall Street open on April 1, when the American trade tariff conversation of the markets.
BTC/1-hour chart. Source: Cointelegraph/TradingView
Bitcoin remains unpredictable to Crunch tariffs
Data from CointeLraph Markets Pro i TradingView He showed speedy BTC/USD movements in its weekly commercial range of approximately USD 83,000.
American shares touched below in the open, while gold fell from the fresh highest all -time in the amount of USD 3149 per ounce.
The conversation about the recession began to return to the headlights before the so -called “Liberation Day” of the US President Donald Trump, who was on April 2 and promised to present the fresh round of trading tariffs.
“Capital markets are clearly valued in the recession: S&P 500 has fallen by 2%because the Fed rate discounts began in September 2024 X thread on the point.
Kobeissi referred to alleviate the financial policy in the Federal Reserve in the form of percentage cuts – something now during the break, but to which the resumption markets in June, according to data from the CME group CME group Fedwatch tool.
The correctness of the steppe stamps in the FOMC Spesina from June 18. Source: CME Group
Although it would be a clear stubborn catalyst for cryptocurrencies and risk assets, Kobeissi noticed that history did not favor strong collections of action in similar circumstances.
“In the case of rate reduction during the S&P 500 recession, he dropped -6% within 6 months -10% in 12 months,” he continued.
“The average return after beer is +1% within 6 months.”
Comparison of S&P 500 performance. Source: Kobeissi/x List
The QCP Capital Commercial Firma was similarly cautious in the general market landscape thanks to the macroeconomic forces.
“Thanks to 12 years of marches and capital markets, which are already scored by 4-5% weekly, time cannot be worse,” he wrote about tariffs in his last Bulletin for Subscribers Telegram Channel.
“There is a real risk that a wide and aggressive regime can deepen the fears of recession and send spirally risk assets. This was said that the political theater often leaves the place to re -calibrate. Softly than the expected implementation can offer markets low relief.”
Btc price action heads to key resistance
The BTC price price caused that market observers want stronger signals on the shoot, even as a fundamental support of USD 80,000.
Related: Bitcoin sellers “droughty” when the weekly revenues of the stock exchange near the lowest 2-year-olds
“Today’s rush of rush mountains, but it is still only a 3-wave traffic, and the resistance is robust,” sales more Crypto online channel summarized About the Elliott wave scheme for a 30-minute table, adding that “the rally has more to prove.”
30-minute BTC/USD chart. Source: more Crypto online/x
The popular Jelle trader has noticed BTC/USD, which respected a 50-week-old straight movable average (SMA), currently for 76,600 USD, as support.
Bitcoin, he he hopedIt would recover USD 84,500 as the next leg, rejecting there earlier that day.
BTC/1-week chart with 50sma. Source: Cointelegraph/TradingView
Meanwhile, QCP divided positive news from investors who look at possible higher levels that will appear next.
“In our desk, the activity was distorted in Asia Open,” he said.
“The buyers saw the exposure to the highest part (85,000 USD strikes) and selling the risk of decline (USD 75,000), which is a potential plant for a stronger start in the first quarter.”
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.
