Bitcoin Faces Critical Test as Death Cross Emerges Amid Market Turmoil
Bitcoin’s recent sharp decline below the $80,000 mark has sparked concerns among investors, with the appearance of a death cross signaling potential further downside. As geopolitical tensions and economic uncertainties weigh on the market, analysts are closely watching key support levels to determine the cryptocurrency’s next move.
Bitcoin Flashes Death Cross; Deeper Downtrend Ahead?
Bitcoin experienced a sharp selloff yesterday, plunging below the critical $80,000 level and briefly touching lows around $74,400. The move has rattled investors and increased bearish momentum across the crypto market. Analysts note that the long-term structure for Bitcoin remains intact if it holds above current levels. The broader financial environment, including trade war fears, economic instability, and geopolitical tensions, continues to impact sentiment. Bitcoin, often viewed as a risk-on asset, reacts sharply to macroeconomic headlines.
Bitcoin Rollercoaster Amid Trade War Tariff Threats
The latest news on the Trade War front caused another volatile wave in the cryptocurrency market. Bitcoin and most altcoins surged before crashing back down. The volatility was also attributed to a quickly refuted report indicating a possible 90-day delay to tariffs implemented by US President Trump, which intensified last week. White House advisors gave conflicting statements, leading to further uncertainty in the markets.
Déjà Vu in the Charts: Is Bitcoin Replaying Its 2017 Breakout in 2025? BTC Bull Token Ready
The year 2017 was Bitcoin’s breakout moment, reaching nearly $20,000. Now in 2025, analysts are noticing similar patterns, suggesting another explosive move could be coming. A new coin called BTC Bull Token ($BTCBULL) is ready to seize the moment. Bitcoin dipped to $74,000 during the weekend selloff, but seasoned bulls view it as an entry point. While stacking BTC at a discount is one strategy, $BTCBULL offers a more dynamic angle.
Bitcoin ETFs Record $172 Million in Weekly Outflows
Bitcoin ETFs in the U.S. experienced $172.89 million in net outflows after a two-week streak of inflows. The majority of the outflows came from Grayscale’s GBTC, which lost $95.5 million over the past week. This shift in investor behavior, recorded between March 31 and April 4, suggests investors haven’t completely abandoned Bitcoin funds, but the synchronized global market downturn has weakened Bitcoin’s value as a portfolio diversification tool. Tariff announcements also caused a $3 trillion wipeout, revealing how heavily policies can impact crypto markets.
Cryptocurrency: 3 Coin Dips To Buy To Navigate The Current Bear Market
The cryptocurrency market is currently experiencing a downturn due to Trump’s aggressive tariff policies and the resulting trade war narratives. Bitcoin has taken a significant hit. However, some investors view this as an opportunity to buy assets at discounted prices. This article lists three cryptocurrency tokens that have the potential to weather any type of market storm with grace and finesse, with Bitcoin (BTC) being one of them.
Bitcoin Faces Pressure Amid Outflows and Market Uncertainty
Digital asset investment products saw $240 million in outflows last week, with Bitcoin accounting for $207 million of it. The retreat came amid renewed market tension triggered by U.S. trade tariffs that stirred fears of an economic slowdown. On-chain data shows Bitcoin remains in a bear market, as rising capital inflows are not driving prices higher. However, total assets were up by 0.8% to $132.6 billion, which analysts consider resilient compared to overall market volatility. The largest net outflows were identified among US investors, who withdrew $210 million.