Bitcoin (BTC) limps into the end of Q1 on 13% losses as fresh macroeconomic volatility looms.
BTC price action risks a fresh dip below $80,000 as new US trade tariffs weigh on risk-asset sentiment.
Crypto traders’ tariff woes focus on April 2, dubbed “Liberation Day” by President Donald Trump, while gold heads higher.
Despite the doom and gloom, Bitcoin has, in fact, had a relatively mild March, while Q1 threatens to be its worst in seven years.
Profitability currently points the way to a bull market drawdown with no realistic bottom in sight.
The Coinbase Premium puts up a noble fight amid the price dip, suggesting that panic sellers have already exited.
BTC price: “Bearish engulfing” sets the tone
Bitcoin traders are on edge this week as US trade tariffs follow the monthly and quarterly candle closes.
A recipe for risk-asset volatility has many market participants bracing for the worst as BTC price