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Cryptocurrency News Articles
title: Bitcoin (BTC) and Equities Turn Green as Markets Brace for President Trump's 'Liberation Day'
Apr 03, 2025 at 02:05 am
Bitcoin (BTC) and equities have managed to turn green on the day as markets brace for President Trump's 'Liberation Day.'
Bitcoin (BTC) and equities have managed to turn green on the day as markets brace for President Trump’s ‘Liberation Day.’
After months of uncertainty regarding the White House’s plans for tariffs, the President is scheduled to deliver a speech at 1:00 p.m. ET today that investors hope will provide answers and clarity to the ongoing confusion surrounding the administration’s trade policies.
So far, Bitcoin has rallied into the uncertainty and is up 2.4% on the day, breaking the $87,000 level after losing it six days ago.
According to popular pseudonymous crypto analyst Rekt Capital, BTC’s price action suggests an imminent “trend shift” if the flagship digital asset can break immediate resistance.
Says the trader,
“Bitcoin has increased by +$2000 in the past hour
Which means that BTC is getting close to positioning itself for a future breakout beyond the 21-week EMA
Still plenty of time until the Weekly Close but if one occurs above $87650 -> trend shift.”
87650 weekly close = trend shift. also looking for a daily candle close above the diagonal and then a post breakout retest (above 87k) before we go higher
87650 weekly close = trend shift. also looking for a daily candle close above the diagonal and then a post breakout retest (above 87k) before we go higher
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Trump's New Global Tariff Regime Reshapes Investor Sentiment, Triggering Sharp Corrections Across Risk Assets
- Apr 04, 2025 at 03:00 am
- Market analysts say President Donald Trump's newly announced global tariff regime is already reshaping investor sentiment, triggering sharp corrections across risk assets.
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