Bitcoin gains momentum amid discussions of new tariffs

Bitcoin rebounded on Monday, capitalizing on its role as an alternative currency after the latest tariff announcement unsettled markets and fueled safe-haven demand.

In the near term, price action is fluctuating between the ascending 100DMA (95,210), which provides initial support and has so far limited downside moves, and the 55DMA (98,865), which is guarding the key psychological 100K level.

Although renewed tariff concerns and escalating fears of a global trade war have revived bullish sentiment, they have yet to trigger a stronger rally.

Markets are closely watching developments in U.S. crypto regulations, as promised by President Trump, with expectations that regulatory changes will be a major driver for Bitcoin’s next move.

The broader outlook remains bullish following Bitcoin’s surge above 100K in the post-election rally. However, sentiment has weakened slightly, leading to an extended consolidation phase within the 90K–110K range.

As long as Bitcoin holds above the critical 90K support zone, the overall bullish structure remains intact. A sustained break above 100K would reinforce upward momentum, paving the way for a potential breakout beyond 110K into uncharted territory.

Res: 98865; 100000; 100520; 102589

Sup: 95210; 93432; 91054; 90000