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Bitcoin Hits $88K After Tariff News, Next Move Uncertain

The Most Important Points at a Glance

Bitcoin reached the $88,000 mark following an announcement on U.S. tariffs. Analysts are divided on whether the price can surpass $90,000 or will fall again. While some experts rely on technical indicators and macroeconomic developments, others warn of short-term pullbacks.

Bitcoin Reaches $88,000 After Tariff Announcement

On Monday, Bitcoin’s price rose to $88,000 after U.S. President Donald Trump announced less drastic tariffs. Previously, analysts from QCP Capital and Coinbase had warned of potential price declines if a trade conflict were to arise in the second quarter. The recent price rally following the last U.S. Federal Reserve meeting continued.

Optimistic Forecasts: Could Bitcoin Rise to $90,000?

Some analysts believe Bitcoin could surpass the $90,000 mark. Trader Bob Loukas sees the bulls in control and expects a sustained rally over the next 15 weeks. Arthur Hayes, founder of the crypto exchange BitMEX, points to the U.S. Federal Reserve’s shift from quantitative tightening (QT) to quantitative easing (QE) as a driving factor. In his view, Bitcoin could initially reach $110,000 and, in the long term, even aim for $250,000.

Cautious Voices: Pullback to $80,000 Possible

Other analysts remain skeptical. Trader Cryp Nuevo expects a decline to $80,000, as many stop-loss orders are placed below $83,000. A Glassnode analyst, VizArt, warns that a new all-time high is only possible if Bitcoin can sustainably break through the resistance zone between $90,000 and $93,000. Many investors who entered the market between November 2024 and February 2025 might exit in this range to avoid losses.

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Sideways Movement Possible: Speculative Interest Declining

According to Bitfinex analysts, Bitcoin could remain in a sideways movement. They point to a decline in the “Hot Supply” indicator, which measures speculative activities. This fell from 5.9% in December 2024 to 2.8% in March 2025. A sustainable recovery is only possible if the macroeconomic situation stabilizes and new capital inflows into Bitcoin ETFs (exchange-traded funds) occur.

Our Assessment

Bitcoin is at a crucial stage. While some analysts expect the rally to continue, others warn of short-term pullbacks. The range between $90,000 and $93,000 remains a key resistance level. Whether Bitcoin can break through this depends on market sentiment and external factors such as U.S. economic policy. Investors should closely monitor developments.

Casinos: 53
Profile Bitcoin
Symbol BTC
Coin type Alt Coin
Transaction Speed Slow
Pros
  • First cryptocurrency, therefore very widespread
  • Largest selection of casinos among the coins
  • Many BTC based bonus offers
Cons
  • Fairly low transaction speed
Further practical applications
Price $87,265.00
24h % 0.84 %
7d % 5.14 %
30d % -8.42 %
60d % -16.68 %
1y % 23.63 %
Market Cap $1,731,512,528,304.00
Max. Supply 21,000,000.00
Official Links
Socials Reddit | X | Message Board
Best 3 Bitcoin casinos

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Last update: March 25, 2025

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