The news broke out an explosive 6% daily rally, lifting the bitcoin (BTC) price to $82,000 after President Donald Trump announced a 90-day moratorium on import duties on many countries, excluding China. This awkwardly nice geopolitical act sent ripples through world markets, inspiring investor sentiment in the typical as well as the crypto-bots.
The news ignited a strong buying surge that carried BTC from an intraday low of $74,700 to a local high of $ 83,600- its most powerful single-day hike since March. While this occurred, major U.S. stock indices surged almost 10 percent, reflecting a growing optimism in reducing trade tensions.
Altcoins Follow Bitcoin: ETH, XRP, SOL, DOGE Rank Among Top-Most Double Digit Gainers
The top altcoins had a true bull market feature, indeed, at the end of the sync in pumping performance with Bitcoin. Ethereum (ETH), Ripple (XRP), Cardano (ADA), Solana (SOL), and Dogecoin (DOGE) all measured double-digit percentages while further confirming Bitcoin's dominance over the wider crypto market.
This market behavior reinstates the confidence that it has possibly been buoyed by macroeconomic catalysts and institutional appetite.
The famous crypto analyst, Ali Martinez, disclosed that Bitcoin is busting out from a very important channel. "If support holds at $80,700, we could see BTC heading toward $84,000 or even $87,000 in the next few days," he shared on X (formerly Twitter).
This coincides with pivotal resistance points on the daily chart, where rejections from history have taken place. Martinez is upbeat about this because he holds that the next leg up will depend on maintaining momentum above $80K.
On-chain data from Glassnode indicates that Bitcoin's Mayer Multiple important indicator tracking price against its 200-day moving average is currently pointing to solid support around $69,500. It may provide a net for bulls in case of a pullback for regrouping ahead of making another attempt higher.
If Bitcoin manages to flip $86,900 into support, Glassnode's projection suggests the next major market top could approach a staggering $208,550.
A lovely fusion of positive macro, technical breakouts, and strong on-chain support has increased the hopes for continued bullish momentum. Bitcoin has been holding above the $80,000 level, and with rebounds in the U.S. markets, the bullish sentiment is growing.
If trends in progress continue, then $87,000 may just be this short-term target, and at that point, psychological resistance looms at $90K, with the chance of six-figure milestones appearing later this year.
Also read: Free Dogs Airdrop Listing Date: What Will Be The Listing Price?
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
11-04-2025
11-04-2025
Welcome to Kometa Casino — a unique online casino, where you can enjoy top-rated slots, classic table games, and exclusive offers to help... Welcome to Kometa Casino — a unique online casino, where you can enjoy top-rated slots, classic table games, and exclusive offers to help get the most out of the game! Kometa casino jackpot games. What are the advantages of Kometa Casino? Fast financial transactions with no fees. A variety of entertainment for every taste. Generous promotions and tournaments, increasing your chances of winning. Join Kometa Casino and experience the thrill!
11-04-2025
Kometa Casino is where you win! We offer legendary slots, classic roulette and blackjack, and unique promotions to help make the game more... Kometa Casino is where you win! We offer legendary slots, classic roulette and blackjack, and unique promotions to help make the game more profitable. Kometa casino payouts. Why should you play at Kometa Casino? High-speed transactions and no hidden charges. A constantly updated game catalog, updated with new slots. Loyalty programs and tournaments, increasing your chances of a big win. Test your luck right now and play with comfort!
Copyright © 2025 Coin Gabbar. All Rights Reserved.
Looking for a casino with high winning chances? Then welcome to Aurora Casino – the best destination for gambling enthusiasts! Aurora bo... Looking for a casino with high winning chances? Then welcome to Aurora Casino – the best destination for gambling enthusiasts! Aurora bonuses and immerse yourself in the atmosphere of victory! What makes Aurora Casino unique? The best slots and table games – thousands of slot machines, roulette, poker, blackjack. A generous bonus program – personalized rewards for loyal players. Instant withdrawals – support for cryptocurrencies and e-wallets. Intuitive interface – support for all devices and platforms. A client-oriented approach – operators always ready to help. Play at Aurora Casino and experience the best gaming conditions!