Bitcoin’s surprise, influenced by fake news on the suspension of US tariffs, rebounded to $ 81,180, following the White House confirmation that China’s 104% tariffs would begin on April 9.
S & P 500 drops follow the White House tariff confirmation. Source: X / KOBEISSI letter
After falling below $ 75,000 for the first time since November 6, 2024, BTC re -examined the main demand area that merchants hope to provide a safe shelter to the bull.
The Safe HAVEN is a fair value difference between $ 77,000 to $ 73,400, which was created by Trump Pump in November 2024.
BTC/USD Maeil Daily Chart. Source: COINTELEGRAPH/TradingView
Mn Capital founder Michael Van de Poppe claimed that Bitcoin had to resume this zone “before he returned.”
In another X post on April 8, Van de Poppe added:
“I don’t know if we’ll go through another drop or we have seen everything.”
BTC/USD Maeil Daily Chart. source: Michael Van De Poppe
Fellow analysts shared similar emotions and shared similar emotions, and on April 7, Bitcoin was impressive compared to stocks of stocks after Bitcoin was lowered to $ 74,400.
“I’m waiting for the dust to be settled. I expect the price to be higher.”
relevant: Bitcoin can compete gold with inflation hedges for the next 10 years -Adam back
Bitcoin’s long -term holder activity spells the ruin of the BTC price.
According to the data from Onchain Analytics Platform Cryptoquant, LTHS (Long-Term Holders), an individual and group with Bitcoin for more than 155 days, can be prepared to sell coins, especially after the latest conflict.
Exchange Implow Coin Days Destroined (CDD) 메트릭 측정 비트 코인의 양은 교환으로 이동하여 동전이 휴면 상태가 얼마나 오래 지속되었는지에 의해 가중치가 가중되어 장기 보유자의 잠재적 판매 압력을 나타냅니다.
On April 7, AMTRIC had a huge spike, which signaled an old coin awake.
In one of the “QuickTake” blog posts, the chart posted by the encryption contributor IT TECH was shown that Bitcoin Price fell from $ 88,000 to $ 81,000 when the metrics spike on April 2.
Similar spikes were seen on March 27, with a 7%drop in price in two days.
On April 7, a similar spike was discovered, and the analysts of Bitcoin’s long -term holders wondered if they were preparing to sell again.
Bitcoin: Exchange Inflow CDD. Source: cryptoquant
If history is repeated, Bitcoin’s selling can last for several days, and in March 2024, we announced the first defense of $ 74,000.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.