Bitcoin (BTC) may be reflecting an upward installation from 2023, when it increases more than 50% in weeks after a long consolidation period. However, the flagship crypto currency faces a strong resistance from the Ichimoku cloud that can remove the upward orbit from the track.
Bitcoin immerses US trade tariffs
In the early hours today, US President Donald Trump announced mutual trade tariffs aimed at worldwide countries and triggered a sharp decline in both global stocks and crypto markets. In particular, the US stock exchange shed Above 2 trillion dollars – more than the entire market value of BTC.
Despite sale, all may not be lost for BTC. Crypto merchant Merlijn merchant merchant shared the following table, which shows that Bitcoin can recur a rise installation from 2023, when Bitcoin increased by 50% in just a few weeks. Trader commented:
Bitcoin 2023 vs 2025 – installation is the same. The same structure. The same breakage area. Last time? $ BTC 50% exploded in weeks. This time it can be bigger. Shake up.
However, BTC faces strong resistance at $ 88,000 due to the Ichimoku cloud. According to an analysis by Titan of Crypto, Bitcoin’s attempt to reverse the fall trend was rejected in this resistance range.
For those who are inexperienced, the Ichimoku cloud is a technical indicator defining support, resistance, trend direction and momentum, the “cloud” key acts as a dynamic barrier – while indicating the upward trends above, the decline shows below.
Commenting on Bitcoin’s latest price action, crypto analyst The Crypto Express said that BTC is currently consolidated in a symmetrical triangular pattern. Analyst added:
However, the Ichimoku cloud continues to be a basic resistance barrier above the current price action. In order to verify the next directional movement, a decisive rupture or the pattern must be broken. Stay awake for more development.
Short -term owners sell BTC
A separate x postRecognized crypto analyst Ali Martinez stressed that short -term owners evacuated 18,930 BTCs after Trump’s decline tariff announcement. In contrast, the latest reports to indicate BTC accumulation at existing price levels of long -term investors.
Also, BTC’s March month closing proposes Bull acceleration can still be intact. However, it should resist falling below $ 80,000 in order not to fall below the current price range.
Meanwhile, indicators in the chain similar to transactions from network value recommend The price retreat of the leading digital asset is likely to continue. At the time of the press, the BTC decreases by 5.2% in the last 24 hours and traded at $ 82.356 in the daily graph.
Picture from UNPASH.com, graphics from x and tradingView.com
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