Bitcoin (BTC) Price Crash to $91.2K Sparked Concerns About Whether the Crypto Bull Run Is Over

President Donald Trump's aggressive trade war has drawn comparison to the 1930 Smoot-Hawley tariffs, which exacerbated the disastrous 1929 Great Depression.

As the Bitcoin price crashed to $91,200 on Monday, following US President Donald Trump’s threat to impose tariffs on Mexico, smart money investors are now eyeing whether BTC could breach key S/R levels.

However, Trump’s tariff plans are dictating the market direction, with the Bitcoin price falling to a key support level following his claims that the “pain” of tariffs will be worth the price.

After Trump announced plans to impose tariffs on Mexico over the weekend, the Bitcoin price crashed from highs of $99,000 on Monday morning.

However, following confirmation from the US and Mexican presidents that tariffs on Mexico will be delayed by a month, BTC price has rebounded to $99,000.

The news comes after Mexico pledged to deploy 10,000 national guards to the border to curb illegal immigration and the flow of fentanyl.

As a result, risk assets erased their losses, with the Bitcoin price bouncing back above $99,000 monetarily.

However, the bulls aren’t back in control just yet. $100k, $102k and $104k remain key resistance levels for Bitcoin and a rejection could see the price revisit the $91.2k support once again.

Moreover, President Trump has a call scheduled with Canadian Prime Minister Justin Trudeau at 2 PM ET.

While the delay on Mexican tariffs is certainly good news in the short term, it is unclear whether Canada, China and the European Union will play ball.

Sidelined investors should ideally wait for a daily close above the $104k level before going long on Bitcoin.

While the crypto bull run isn’t over just yet, it is still imperative for spot holders to be cautious. For instance, the MVRV momentum indicator suggests the market remains weak, while the MVRV bands show that a breakdown below $92,100 could pave the way for $74,000.

Meanwhile, altcoins remain even trickier investments. Typically, altcoins that bounce the hardest during broad relief rallies have the highest latent demand, which suggests Fartcoin and other AI meme coins could be among the best cryptos to buy now.

However, another bearish BTC move could trigger further collapse.

Smart Money Investors Bet On Low-Cap Crypto

Amid the broader market uncertainty, low-cap cryptos remain the best bet for investors.

For instance, Solana coin Alpha ($ALPHA) is up by 46% on Monday, despite the crash in large-cap cryptos, and now has a market cap of over $120 million.

Similarly, smart money investors are also betting on Mind of Pepe (MIND), a small-cap AI agent coin.

Fartcoin’s 30% relief rally signals a continued strong demand for AI coins. However, considering large-caps like $FARTCOIN, $AI16Z and $AIXBT remain correlated to BTC, low-caps like MIND offer better short-term prospects.

Mind of Pepe is a self-sovereign, self-evolving AI agent, with a self-managed crypto wallet and social media accounts.

The agent is designed to offer real-time market intelligence, hive-mind analysis and community intelligence to MIND holders as well as discounted access to meme coins it creates.

With its self-managed X and Telegram accounts, Mind of Pepe can start trends of its own, not unlike Goatseus Maximus and Fartcoin.

$MIND is currently in its presale phase, which means buyers are safe from short-term broader market volatility.

Its presale has already raised nearly $5 million in short order, a sign of high upside potential.

With the AI agent coins set to soar in the coming weeks, a small-cap asset like Mind of Pepe could deliver outsized returns.

It is, therefore, no surprise investors are eyeing between 10x and 100x returns from it.