Bitcoin is trading around $83,400, and after recent fluctuations, the market seems to be struggling to find balance. The volatility caused by news of Trump's tariffs and his statements about encryption reserves seems to have subsided somewhat, but uncertainty remains. The narrow range in which prices are currently located indicates that the market is waiting for new catalysts to gain a clearer trend.

Technical level

*Support: The $82,400 area looks very critical in the short term. If it fails, then $80,600 is the next logical level and could become a target for sellers. This aligns with the recent low after the pullback, making it significant both psychologically and technically.
*Resistance: The $85,300 level is the recent hurdle. As you pointed out, the above breakdown and consolidation could signal a rise to $86,500. If momentum increases, it may be possible to talk about a recovery above 87,000, which was observed before the economic downturn.

Macroeconomics and News

The news background from the United States remains an important driving factor. The tariffs that have been discussed since early April have caused turmoil in traditional markets, which partially affects Bitcoin as a risk asset. On the other hand, the negotiations about establishing a strategic encryption reserve in the United States (mentioned by Trump in March) may support long-term optimism, although there have not been many concrete steps taken yet. If the U.S. Treasury or other agencies provide new details in the coming days, this could greatly impact prices.

My opinion

In the coming days (let's say, until mid-April), I expect Bitcoin to remain in the range of $82,000–$85,500, unless there is significant news. The mixed emotions you mentioned are confirmed by the fear and greed index (around 30, indicating "fear"), but at the same time, the price remains above key support, suggesting hidden strength from buyers. If the macroeconomic situation deteriorates (for example, due to escalating trade wars), testing $80,600 is possible. However, if news about reserves or tariff discussions softens and gives positive signals, a breakdown below 85,300 will become quite realistic.

What do you think? Do you feel that there are any specific factors currently underestimated by the market? Share your predictions!
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