Bitcoin (BTC) is facing intense bearish pressure, struggling to break above the $85,000 level as macro uncertainty weighs on the market. Since late January, BTC has lost over 29% of its value, with investors growing increasingly fearful of further downside. Global trade war fears and volatile macroeconomic conditions have pressured the crypto and U.S. stock markets, leaving traders uncertain about Bitcoin’s next significant move.
Despite the ongoing downtrend, some analysts see potential for a market reversal. Top analyst Ali Martinez shared insights on X, pointing out that global liquidity is expanding rapidly. Historically, this trend has been a bullish catalyst for Bitcoin, often leading to significant price surges when liquidity enters the market. If this pattern holds in the coming weeks, BTC could see renewed buying pressure.
However, bears remain in control in the short term, and BTC must reclaim key technical levels before a recovery can begin. Bitcoin could stay under pressure if macro conditions remain uncertain, potentially testing lower support levels before any meaningful bounce. The next few weeks will be critical in determining whether BTC can stabilize or if further losses are ahead.
Bitcoin Struggles Amid Bearish Sentiment
Bitcoin Short (BTC) has been trading at its lowest levels since November 10, 2024, with bulls struggling to regain control. The market has remained in a strong downtrend since late January, and fear continues to push lower price targets, as many investors now question whether the Bitcoin bull cycle is over. With BTC failing to reclaim key resistance levels, sentiment remains decisively bearish, increasing the risk of further downside in the coming weeks.
Despite the ongoing decline, Martinez’s insights on X remark that global liquidity is expanding rapidly. Liquidity growth has driven Bitcoin price increases, and if past trends hold, BTC could catch up around mid-April. However, for this scenario to unfold, bulls must defend key support levels and regain momentum in the coming weeks.
The broader market downturn has been primarily influenced by macroeconomic uncertainty and rising volatility since the U.S. elections in November 2024. Concerns over global trade wars, unstable economic policies, and erratic market reactions have made it difficult for risk assets like Bitcoin to sustain significant upward momentum. Given that these macroeconomic concerns remain unresolved, Bitcoin will likely stay under pressure until market conditions show improvement.
FBullshave a lot of work to do to reverse the bearish trend and bring BTC back above key technical levels. If liquidity expansion drives renewed buying pressure, the market could see a recovery. However, if macro conditions remain unfavorable, Bitcoin may continue to trade downward in the short term.
Bitcoin Struggles to Reclaim $85,000
Bitcoin is trading at $83,300, with bulls struggling to regain momentum after weeks of selling pressure. The key level for a potential recovery remains $85,000, as this mark aligns closely with the 200-day moving average (MA). If BTC fails to break above this level soon, bearish sentiment will likely persist, increasing the risk of further downside.
For Bitcoin to initiate a recovery rally, bulls must quickly push the 200-day MA, A break and close above this level. This would signal renewed buying interest, potentially leading to a more decisive move toward higher resistance zones. However, BTC’s struggles at this technical barrier indicate that market confidence remains weak, with traders hesitant to enter long positions amid growing uncertainty.
If Bitcoin fails to reclaim the 200-day MA in the coming days, the risk of a sharp drop below $80,000 increases significantly. A break below this psychological level could trigger further sell-offs, sending BTC toward lower demand zones. The subsequent few trading sessions will be critical in determining whether BTC can reverse its recent losses or if the downtrend will continue into deeper territory.
Final thought
The paper thoroughly investigates Bitcoin’s present problems and macroeconomic issues influencing its price. Failing to breach critical resistance levels like $85,000, Bitcoin (BTC) has been under notable negative pressure. A 29% drop in value since January and mounting investor anxiety about more losses underscore the erratic market attitude. The paper underlines how unstable macroeconomic conditions and global trade tensions affect Bitcoin and risk assets in general in terms of sustaining increasing momentum.
Analyst Ali Martinez offers one of the most critical observations since he notes the possible positive stimulus of increasing world liquidity. Historically, this has caused price swings in Bitcoin; if this tendency continues, BTC may experience fresh buying activity, turning the market in the following weeks. Still, short-term bearish sentiment rules, and Bitcoin must recover critical technical levels—especially the 200-day moving average (MA)—if any recovery is to take place.
