5 Reasons to Trust Bitcoin (BTC) Price Will Continue Its Uptrend This Week

The global stage is bracing for what US President Donald Trump has dubbed “Liberation Day” on April 2.

How Our News is Made

Standard Disclaimer

Maecenas pretium quam et risus fermentum, vitae aliquet ante sollicitudin. Aenean tincidun lorem at nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin traders are preparing for a jam-packed and potentially turbulent week. From looming tariffs to whale-sized BTC bid activity, here are five major factors that market participants need to keep on their radar.

#1 US Tariffs Poised To Escalate On April 2

The global stage is bracing for what US President Donald Trump has called “Liberation Day” on April 2. According to The Kobeissi Letter (@KobeissiLetter), the administration’s plan for “reciprocal tariffs” promises to be a watershed moment in ongoing international trade disputes.

“President Trump has been discussing this Wednesday, April 2nd, for weeks. This is a day that he has named ‘Liberation Day’ where widespread new tariffs are coming. We believe April 2nd will be the biggest escalation of the trade war to date,” The Kobeissi Letter writes via X.

These tariffs will layer on top of a slew of existing US duties that span steel, aluminum, Canadian goods, Mexican goods, and many Chinese imports. The Kobeissi Letter points out that 25% levies on auto imports and on countries purchasing Venezuelan oil will also take place this week. With retaliatory measures from Canada, China, the EU, and Mexico in the pipeline, they warn of a “massive trade war,” intensifying uncertainty for global markets.

Beyond trade specifics, the coming days could see inflation pressure increase due to higher consumer costs on imported goods. Citing an uptick in the Economy Policy Uncertainty Index, The Kobeissi Letter highlights: “Policy uncertainty is currently above just about any crisis in modern US history. We are seeing ~80% HIGHER uncertainty levels than 2008. As a result, market swings are widening, and we expect an extremely volatile week.”

Add in President Trump’s latest threats regarding Iran—where “secondary tariffs” and potential levies on Russian oil are on the table—and there are multiple international flashpoints that may fuel market volatility.

#2 Bitcoin Whale Activity

In the Bitcoin arena, large-scale liquidity maneuvers remain a focal point. Keith Alan (@KAProductions), co-founder of Material Indicators, drew attention to a potential whale strategy in action—attributed by a figure he calls “Spoofy the Whale.”

“My first clue that something was up came with a sequence of micro movements that seemed to be a little different than his typical price adjustment of his massive blocks of ask liquidity. At a closer look I noticed a ladder of BTC bid liquidity perfectly aligned and moving with the ask liquidity. While I have no real way of confirming that it is the same entity using ask liquidity to herd price into their own bids, it appears that Spoofy has been buying this dip and has bids laddered down to $78k,” Alan wrote on Sunday.

He also noted the convergence of several news events—Sunday’s weekly close, Monday’s monthly close, and the expected tariff implementation midweek—that may spur further price swings. While acknowledging BTC could still decline, Alan highlighted the whale’s apparent commitment to accumulating at current levels: “In the grand scheme of things, none of this means BTC price can’t go lower, but it does mean that the whale that has been suppressing BTC price for the last 3 weeks is using a DCA strategy to buy this dip…and so am I.”

#3 Bitcoin Bearish Flag Breakdown

Technical analyst Kevin (@Kev_Capital_TA) is warning traders to keep a close eye on pivotal support levels following a bearish flag breakdown: “We were tracking this bearish flag pattern all last week and as we can see we had a breakdown of that weakness. If BTC does lose the golden pocket here at $81K and follows through with that measured move target, then the $70K-$73K range … would be the ‘Measured Move’ target.”

Still, Kevin posits that, given widespread negative sentiment around April 2 (“Armageddon Day” in some corners of the media), there is a possibility of a contrarian twist: “Will the Tariff implementation on April 2nd be a rare ‘sell the rumor buy the news event’? … Everyone thinks the world is suddenly going to end.”

He also added: “A little bit of long liquidity at the $78K-$80K level but a lot of juice in the $87K-$89K (Dark Yellow) range for market makers to transact in right before the CNBC proclaimed “Armageddon Day” on April 2nd. Makes me wonder.”

#4 Seasoned Players Accumulate

From an on-chain perspective, Axel Adler Jr, an analyst at CryptoQuant, observes that experienced market participants are moving