Bitcoin (BTC) Battles Intense Skepticism From Analysts As Macroeconomic Fears and Political Unpredictability Continue to Impact Global Markets.

Bitcoin is once again under pressure as macroeconomic fears and political unpredictability continue to impact global markets. United States President Donald Trump's erratic policy decisions—particularly around trade—have heightened investor anxiety, triggering volatility across both equities and crypto. Within this climate, Bitcoin has struggled to reclaim momentum, currently trading below critical resistance near the $90K mark.

Bitcoin is facing a crucial test as it attempts to rise above key resistance levels amid macroeconomic fears and political unpredictability.

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What Happened: As global markets reel from macroeconomic anxieties and political uncertainty, Bitcoin is struggling to regain momentum.

The United States president’s erratic policy decisions, especially regarding trade, have heightened investor anxiety, impacting both equities and crypto. In this volatile climate, Bitcoin has struggled to reclaim critical resistance near the $90K mark, impacting traders’ ability to establish bullish narratives.

Despite recent attempts to recover, demand remains weak around current levels, and bulls have yet to mount a convincing rally. Traders are watching closely as Bitcoin needs to reclaim $90K to reestablish a bullish narrative. Until then, uncertainty prevails.

Further highlighting the cautious sentiment, CryptoQuant data shows that the average trader is sitting at an unrealized loss of -13.86%. This level is significant as it has historically signaled increased selling pressure.

While such loss levels have previously marked bottom zones, they also reflect a market engrossed in fear, where traders lack the conviction to push prices higher.

Bitcoin has slid more than 29% from its January all-time high, and the next move will be critical in determining the next stage of the market. Will traders capitulate, or could this be the foundation for a recovery?

Top analyst Ali Martinez offers a more optimistic view. In a recent post on X, formerly Twitter, he shared that Bitcoin traders are currently sitting at an average unrealized loss of -13.86%.

“Historically, when traders reach this level of loss, it has often marked the exhaustion point of selling pressure and signaled local bottoms, which were followed by strong price recoveries.”

If bulls want to regain control, now is the time to act. A decisive move above resistance zones could invalidate the bearish outlook and reestablish upward momentum.

What Next For Bitcoin

Bitcoin is trading in a tight consolidation zone between $87,000 and $81,000, signaling that a decisive move could be on the horizon. After weeks of volatility and selling pressure, price action has flattened out, creating tension in the market as both bulls and bears await a breakout.

For bullish momentum to return, BTC must break above the $88,000 level — a move that would also reclaim the 4-hour 200-day moving average (MA) and exponential moving average (EMA). A breakout above these levels would be a short-term strength signal, potentially opening the door for a rally toward the $90,000 mark and beyond.

However, the longer BTC stays stuck below resistance, the more likely the market is to see renewed selling. Failure to reclaim $88,000 in the coming sessions could invite a wave of bearish momentum, pushing Bitcoin below $81,000 and possibly toward deeper support zones.

With Bitcoin trapped in this narrowing range, all eyes are on volume and volatility indicators to anticipate the next breakout direction. The coming days may prove pivotal in determining whether BTC reclaims control or continues its drift into further correction territory.

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This article was originally published on Benzinga and has been modified to reflect Chain's style guide and tone.