The downturn comes as reports indicate President Trump is preparing new auto tariffs, adding uncertainty to global markets.
Crypto trader Stockmoney Lizards noted Bitcoin was rejected at resistance, but he believes there’s still time for a rally.
Crypto trader Jelle explained that Bitcoin cycles historically peak around 475 days after the halving, with each cycle lasting longer than the last. He believes the next potential peak is still 130+ days away, leaving plenty of time for market activity and volatility.
Crypto chart analyst Ali Martinez marks the $88,000–$91,000 range stands as a major resistance zone for Bitcoin.
Technically, the $88,000–$91,000 range stands as a major resistance zone for #Bitcoin $BTC!pic.twitter.com/AbgkQK7Epq
Trader Roman reminds traders that Bitcoin is already up nearly 600% in three years. Getting bullish now means you’re late to the trend. His strategy: “Buy red, sell green.”
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