btcrebound

Bitcoin price eyes breakout as easing trade war tensions and a worsening U.S. bond market drive investor optimism. Wall Street rebounds sharply, while analysts forecast BTC's next move amid macroeconomic uncertainty.U.S. Stocks Climb as Market Sentiment ShiftsOn Friday, April 11, U.S. stock markets rebounded after a volatile week marked by inflation fears and escalating trade tensions between the U.S. and China.The S&P 500 rose 1.81%,The Nasdaq Composite ended the day 2.0% higher,The Dow Jones Industrial Average gained over 1.5%.The recovery was sparked in part by a strong earnings report from JPMorgan Chase, which posted $5.07 EPS on $45.31 billion in revenue, beating analyst expectations. However, JPMorgan CEO Jamie Dimon warned of “considerable turbulence” ahead due to ongoing macroeconomic instability.Meanwhile, gold surged above $3,200, hitting a record high as investors sought safe-haven assets.Bitcoin Tests $84,000 as Market Eyes ReversalBitcoin (BTC) briefly traded above $84,000 before settling near $83,796, up over 4.5% in 24 hours. Despite recent volatility, BTC appears resilient in the face of economic and policy uncertainty.The U.S.-China tariff standoff remains a major market factor. President Trump recently paused most global tariffs for 90 days, while increasing levies on Chinese goods to 145%, prompting Beijing to respond with 125% tariffs on U.S. imports.This back-and-forth spurred a wave of volatility, but also gave Bitcoin room to breathe as traders digested the geopolitical impact.Arthur Hayes: Bitcoin Entering 'UP ONLY' Mode Amid Bond ChaosFormer BitMEX CEO Arthur Hayes believes Bitcoin is entering "up only mode," citing growing dysfunction in the $29 trillion U.S. Treasury market.10-year Treasury yields surged to 4.59%,The bond market saw its steepest weekly drop since 2019,The U.S. Dollar Index (DXY) fell below 100—its worst performance in over two years.“We will be getting more policy response this weekend if this keeps up,” Hayes tweeted.“We are about to enter UP ONLY mode for $BTC.”This sentiment aligns with traders now pricing in three to four Federal Reserve rate cuts by year-end—a historically bullish scenario for Bitcoin.BTC Price Targets: $100K in Sight?As the U.S. dollar weakens, several crypto analysts are predicting a potential parabolic bull run:Venturefounder, a noted analyst, pointed to a falling DXY as a leading indicator of a Bitcoin surge, possibly driving prices toward $100,000 if the index continues toward 90.John Bollinger, creator of Bollinger Bands, noted Bitcoin is forming a bullish bottom near $80K, supporting further upside potential.Meanwhile, technical analysis shows BTC forming a falling wedge pattern—a bullish reversal setup. According to Cointelegraph and Glassnode, a breakout above $84K could lead to $96K, with long-term targets as high as $130,000–$140,000 by midsummer.Macro Volatility Fuels BTC OptimismWith bond yields spiking, inflation data pending, and trade policies in flux, Bitcoin is increasingly viewed as a hedge against macro uncertainty. Whether the $84K level becomes the next launchpad or a resistance zone depends on upcoming data and policy responses, according to Cointelegraph.Key Levels to Watch:Immediate support: $80,000Resistance: $84,000, then $96,000Long-term target: $100,000+ if bullish momentum holds

🔸 In today's article I am not going to discuss tariffs but we will discuss on the basis of VSA methodology & technicals.
🔸 Look at above given chart market created a buying climax indicated in with help of two horizontal green color lines.
🔸 Most of the time it represents a bearish move. Some more things confirm it like weakness and up thrust.
🔸 In green ellipse weakness in price marked with increasing volume.
🔸 Also Up thrust with ultra high volume has marked that is clearly showing s.l hunting before down side leg.
🔸 From the above three concepts we can clearly say BTC's next move is downside.
🔸 So in short words according to VSA we can see #BTC below 80K in upcoming days, probably $70K.
🔸 If we look technically on #bitcoin 1H TF it is showing range as shown in above given chart.
🔸 When the market is in range best practice is to buy when it comes to support and book profits when it reaches resistance with tight s.l below the support zone.
🔸 But keep at least 95%-97% in stable coins as the bigger TF trend is still bearish.
🔸 But the main question is where to buy even if BTC starts dropping toward $70K. Here is answer:
🔸 Look at the above given chart showing so far two rallies after creating bottom in 2022. If we combine these two rallies lows we get a point around $69K that can prove a reversal point this time too.
🔸 Also there is horizontal support so maximum chance we get reversal from there.
🔸 But personally I will prefer to buy after some confirmations around $70K.
🔸 If I tell you my personal portfolio condition, so far 100% in stable coins and waiting for a crash to buy around $70K.
🔸 This analysis will be invalidated once 3 consecutive 1D close above $88K.
🔸 If you find this article helpful then do not forget to like, comment, share and repost.
#BTCRebound