{"id":2885,"date":"2025-04-08T05:18:19","date_gmt":"2025-04-08T05:18:19","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/04\/08\/how-low-will-bitcoin-price-drop-amid-trumps-tariff-chaos\/"},"modified":"2025-04-08T05:18:19","modified_gmt":"2025-04-08T05:18:19","slug":"how-low-will-bitcoin-price-drop-amid-trumps-tariff-chaos","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/04\/08\/how-low-will-bitcoin-price-drop-amid-trumps-tariff-chaos\/","title":{"rendered":"How low will Bitcoin price drop amid Trump\u2019s tariff chaos?"},"content":{"rendered":"
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Bitcoin drops to $74,500, a four-month low, amid Trump\u2019s tariff-driven market wipeout.
\nTechnical analysis warns of a potential decline to $69,000 if the 50-week EMA support fails.
\nHistorical patterns suggest a $50,000 target if Bitcoin enters a prolonged bear market.<\/p>\n<\/div>\n

Bitcoin fell to a four-month low of $80,134, currently trading at $74,500, as investors dumped risk assets following US President Donald Trump\u2019s renewed push for global tariffs over the weekend.<\/p>\n

The move triggered a staggering $9.5 trillion wipeout in global equity markets, heightening concerns about a potential US recession.<\/p>\n

The cryptocurrency\u2019s decline mirrors a broader sell-off, with Bitcoin\u2019s performance tracked alongside the TOTAL crypto market cap, S&P 500, and MSCI World index over the past year, according to TradingView data.<\/p>\n

Risk investors appear spooked, leaving crypto market participants uncertain about how low Bitcoin\u2019s price might drop in the near future.<\/p>\n

Technical levels signal potential deeper correction<\/h4>\n

Bitcoin is currently testing a critical technical threshold\u2014the 50-week exponential moving average (50-week EMA), historically a dividing line between bull and bear phases.<\/p>\n

Market analyst Ted Pillows and other chartists suggest Bitcoin must reclaim the EMA, currently near $77,500, to avoid a deeper correction.<\/p>\n

Failure to do so could see prices decline toward the $69,000\u2013$70,000 range, aligning with 2021 cycle highs, with a further drop to $67,000\u2014Michael Saylor\u2019s average entry level\u2014remaining possible.<\/p>\n

The weekly BTC\/USD price chart underscores this vulnerability.<\/p>\n

Meanwhile, short-term support at $74,000 corresponds to a cost-basis cluster where over 50,000 BTC are held. These holders, who stopped moving coins after March 10, display confidence, not panic.<\/p>\n

$69,000 emerges as \u201cmax pain\u201d target with $50,000 possible<\/h4>\n

Investors hold approximately 175,000 BTC in the $74,000\u2013$70,000 range, with the largest cluster at $71,600 holding 41,000 BTC, providing a potential buffer if $74,000 breaks.<\/p>\n

Glassnode\u2019s Short-Term Holder (STH) realized price bands place the current average STH cost basis at $89,000, with the -1 standard deviation band at $69,000, a historical \u201cmax pain\u201d zone where short-term investors capitulate during pullbacks. This level has often prompted long-term investors to step in, according to Glassnode data.<\/p>\n

Historical patterns indicate that a decisive break below the 50-week EMA could lead to a prolonged bear market, potentially driving Bitcoin toward the 200-week EMA, currently positioned around $50,000.<\/p>\n

The BTC\/USD weekly price chart his risk, though no definitive bottom has been confirmed.<\/p>\n<\/div>\n

The post How low will Bitcoin price drop amid Trump\u2019s tariff chaos?<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin drops to $74,500, a four-month low, amid Trump\u2019s tariff-driven market wipeout. Technical analysis warns of a potential decline to $69,000 if the 50-week EMA support fails. Historical patterns suggest a $50,000 target if Bitcoin enters a prolonged bear market. Bitcoin fell to a four-month low of $80,134, currently trading at $74,500, as investors dumped […]<\/p>\n","protected":false},"author":0,"featured_media":2886,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2885"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2886"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}