Bitcoin (BTC) Price Action Remains Subdued Awaiting Next Market Catalyst

Bitcoin's price action has been subdued lately, more like an idling engine than a roaring bull run. Trading largely between $83,000 and $84,000

Bitcoin’s price action has been relatively subdued lately, more like an idling engine than a roaring bull run. The crypto market is awaiting its next major catalyst for direction, especially with the impact of new US tariffs, to take effect on April 2nd, adding to the current uncertainty.

Trump hailed the tariffs as bringing "Liberation Day," which could reduce selling pressure and offer a clearer picture for investors. While underlying fundamentals for crypto may look promising long-term, with factors like growing adoption and technological advancements, these short-term concerns are making investors uneasy.

The big question is how will these tariffs impact Bitcoin and the broader market?

Some experts believe that once the dust settles post-April 2nd, we could see a reduction in selling pressure, ultimately paving the way for a new trend to emerge. Interestingly, instead of a breakdown, there’s speculation that the market might find its footing at lower levels, possibly even setting the stage for a rebound.

However, if Bitcoin fails to hold key support levels and continues to decline sharply, it could have significant technical implications for the crypto market.

> "Finally, some optimism from the retail crowd might be a contrarian indicator at these levels. Bitcoin's brief price surges earlier Mon. sparked many to get hyped."

Many likely jumped into the market hoping for immediate moves toward $100,000+ price levels. This FOMO is funny because it's not new in 2025.

When the crowd leans too heavily in one direction, prices tend to move the opposite way. As has been the trend this year, the more bullish the sentiment, the more likely the market will take a sharp turn in the opposite direction.

Monitor for bottom signals and ideal buy opportunities by seeing when retailers begin to show serious pain and fear.

The post Bitcoin FOMO: Widespread Optimism As Tariffs Set Stage For Crucial Week For Crypto appeared first on Benzinga.com.

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This article is for informational purposes and does not constitute an offer to sell, a solicitation to buy, or a recommendation of any product, service, or security.

The post Bitcoin FOMO: Widespread Optimism As Tariffs Set Stage For Crucial Week For ... appeared first on Benzinga.