On April 3, 2025, Bitcoin dropped to around $82,000 after U.S. President Donald Trump announced new tariffs on imports from China, Japan, and the European Union. The move triggered a decline in risk assets, including cryptocurrencies.
Source: Investopedia
Analysts also point to the possibility of a “death cross,” a bearish technical pattern where the 50-day moving average falls below the 200-day average, potentially signaling further downside.
Source: Business Insider
At the same time, data from Glassnode shows that Bitcoin whales – large holders – have started accumulating again for the first time in eight months, indicating confidence in the current price levels.
Source: CoinDesk
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