Bitcoin’s Market Bottom Uncertain Despite Tariff Pause
- Bitcoin’s price is currently $83,221, up 4.7% in the last 24 hours.
- Swissblock states Bitcoin must hold $80,000 to confirm a bullish reversal.
- The Bitcoin Risk Signal indicates that a market bottom has not yet been reached.
- Market risk remains elevated and needs to decline for a true bottom.
Despite recent price increases, Swissblock suggests that Bitcoin has not yet found a market bottom, as risks remain elevated and the asset must maintain support at $80,000 for a potential bullish shift.
Source (2.6)https://dailyhodl.com/2025/04/12/dont-let-your-guard-down-crypto-analytics-firm-says-bitcoin-not-out-of-the-woods-yet-after-tariffs-pause/?rand=59076