Bitcoin Defies Skepticism as Political Turmoil Fuels Rally
BTC surges past resistance levels despite Fed-Trump tensions—because nothing says ’hedge against chaos’ like a speculative asset propped up by meme traders and institutional FOMO. Meanwhile, traditional markets sweat over policy uncertainty while crypto bulls shrug and buy the dip.
Bitcoin Breaks Away From Tech Stocks
For months, Bitcoin has moved in step with U.S. tech stocks. But this latest rally suggests that might be changing. BTC is now trading more like gold than the Nasdaq. That’s a big deal for traders and analysts who’ve long criticized Bitcoin for acting like a Leveraged tech play. Since April 7, Bitcoin has jumped nearly 20%, ignoring tech’s recent selloff. Instead of crashing with the Nasdaq, BTC surged. This behavior is feeding the narrative that Bitcoin is evolving into a true store of value. Analysts are watching closely. If BTC keeps moving independently from stocks, it could attract even more capital—especially from those fleeing volatile equity markets.
Bitcoin Faces Resistance Despite ETF Inflows
Not everyone is convinced the rally will hold. Traders are warning about a major resistance zone around $90,000 to $92,000. Some technical indicators suggest a pullback might be near. The 200-day moving average sits just above the current price, acting as a key ceiling for now. Despite this, Bitcoin spot ETFs saw a massive $381 million in inflows in one day—the highest since January. That’s a strong sign of institutional interest. Still, traders like Daan Crypto Trades say Bitcoin needs to make clean, daily closes above $91K to confirm a breakout. If not, BTC could stall or even drop back to test support at $85K.
Trump and the FED Are Fueling Market Drama
Bitcoin’s recent climb can’t be separated from political drama. President Trump has escalated his attacks on the Fed, blaming Powell for weakening the economy by refusing to cut rates fast enough. The tension is causing jitters in the bond market and sending the dollar into a spiral. Crypto investors are paying attention. A weaker dollar usually benefits Bitcoin. And with inflation fears creeping back, BTC looks even more attractive as a hedge. Some analysts think Trump’s war with the Fed could be a hidden catalyst for this rally—especially if it drags on or leads to more monetary instability.
Crash to $80K? Not So Fast, Say Analysts
Talk of a Bitcoin crash isn’t new—but this time, the fears might be overblown. Some analysts warn that the rally is driven by leverage, pointing to a sudden spike in open interest. That’s risky, especially if traders start to unwind those positions. A sharp move could send BTC back to $80,000. However, others remain optimistic. Bullish patterns are forming on the charts. Institutions are buying. And macro conditions—like a softening dollar and growing distrust in traditional markets—are supportive of further gains. For now, if Bitcoin holds $90K, the next target could be $100,000. But traders should stay alert. This rally is real—but it’s still fragile.