Bitcoin faces critical sales pressure in the midst of ongoing macroeconomic uncertainty, bulls cannot reclaim the level of 90,000 dollars, and the bears cannot fall below $ 81,000. As the market, global financial conditions are undecided, it reflects the attention of a wider investor and gets a strict range. Tariffs, geopolitical tensions and sense of risk-off, high residual assets such as Bitcoin continue to reduce rise momentum.
However, some analysts argue that the worst may be behind. According to Crypto Analyst Daan, while adjusting the fall of the S&P 500, Bitcoin is now less than 10% of all time-fell less than 10%-a significant more flexible performance than it suggests.
This perspective emphasizes the importance of seeing Bitcoin in the context of traditional markets, especially in higher time periods where the correlation is often more pronounced. While the BTC is under pressure in the short term, relative power against stocks may be a sign of basic durability. If macro conditions begin to stabilize, Bitcoin can be well positioned for a healing, as capital returns to risk assets.
Bitcoin, Stocks Slide: Healing on the horizon?
Bitcoin faces an important test, as it continues to keep above critical demand levels despite the intense volatility in global financial markets. While the panic sales were selling investors last week, the crypto currency managed to show relative power. The S&P 500 lost 10% of its value in just two days in Thursday and Friday trading sessions-the sharpest two-day decline in the years and triggered the widespread fear among the assets of the two-day decline. Nevertheless, Bitcoin did not break the lock support zone near $ 81,000 and remained at the striking distance of winning the $ 90,000 level.
This relative stability gives Bulls a renewed hope for a rescue rally. According to DaanMost of Bitcoin’s decline this year depends on the weakness of stocks. When set for the performance of the S&P 500, Bitcoin is now less than 10% of the highest of all time-a remarkable show of power in a market defined by lacking.
Daan emphasizes the importance of analyzing Bitcoin compared to traditional financial indices such as SPX. In higher time periods, BTC and stocks usually show a significant correlation and tend to follow crypto when stocks suffer. However, BTC’s current flexibility shows that it may be ready to leave on the next leg of the cycle or at least to perform better. As macroeconomic tensions continue, this comparison can be increasingly more and more valuable to measure Bitcoin’s real power in the midst of wider volatility.
Price Action: BTC merged over 81 thousand dollars
Bitcoin is currently trading at $ 83,000 after a few days of tight consolidation between the support of $ 81,000 and the $ 88,000 resistance level. The market is undecided, bulls are constantly trying to have a critical ground while encountering macroeconomic winds. Despite short initiatives, BTC could not break out and the price action continues to reflect attention and fading acceleration.
Bitcoin must take back the $ 90,000 level decisively to regain control of the bulls and confirm a rescue rally. To do this not only restore the sense of ascension, but also confirm the continuation of the wider long -term rise trend that began at the end of 2023. However, uncertainty will continue to dominate without a break.
The level of $ 81,000 continues to support the most important support for now. Next week, a clean casting under this area can trigger a sharp sale and confirm a deeper correction phase. Bitcoin’s next move will determine the tone of the crypto market, shaken by global markets still due to economic tensions and volatility in self -esteem. Traders and investors closely watch as they wander through a very important price range that can determine the direction of the BTC for the rest of the quarter.
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