Bitcoin (BTC) may reflect a bullish setup from 2023, which surged more than 50% within weeks of longer adoption periods. However, flagship cryptocurrencies are currently facing strong resistance from a one-sided cloud, which could derail its upward trajectory.
Bitcoin rushes in following US trade tariffs
Today, US President Donald Trump announced mutual trade tariffs targeting countries around the world, causing a sharp recession in both the global stock and crypto markets. In particular, the US stock market Hut Over $200 trillion – exceeding the overall market capitalization of BTC.
Despite the sale, it is possible that all of the BTC will not be lost. Crypto Trader Merlijn traders share the following chart, suggesting that they could repeat bullish setups from 2023 when Bitcoin surged 50% in just a few weeks. The trader commented:
Bitcoin 2023 vs 2025 – The setup is the same. Same structure. Same breakout zone. last time? $ BTC +50% exploded per week. This may be big this time. Buckle up.
However, BTC faces strong resistance at the $88,000 level due to the one-sided cloud. According to an analysis by Crypto’s Titan, attempts to reverse the downward trend of Bitcoin were rejected within this range of resistance.
For beginners, single-synthetic clouds are technical indicators that identify support, resistance, trend direction and momentum, and “cloud” serves as an important dynamic barrier.
Commenting on Bitcoin’s recent price action, Crypto Analyst the Crypto Express points out that BTC is currently integrated within a symmetrical triangle pattern. Analysts added:
However, one-sided clouds remain a more important barrier to resistance than current price action. A critical breakout or failure of the pattern is required to see the next directional movement. Pay attention to further development.
Short term holders sell BTC
With another x postwell-known Crypto analyst Ali Martinez emphasized that short-term holders offloaded 18,930 BTC following Trump’s bearish tariff announcement. In contrast, recent reports show That long-term investors are accumulating BTC at current price levels.
Additionally, BTC’s monthly march ends I’ll suggest That its bullish momentum could still be unharmed. However, to avoid falling below the current price range, you need to resist falling below $80,000.
On the other hand, on-chain indicators such as network values from transactions suggest That there is a high chance that the price pullback for major digital assets will continue. At press, BTC was $82,356 on the daily chart, down 5.2% over the last 24 hours.
Unsplash.com featured images, X and tradingView.com charts
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