{"id":58143,"date":"2025-04-10T02:53:39","date_gmt":"2025-04-10T02:53:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=58143"},"modified":"2025-04-10T02:53:39","modified_gmt":"2025-04-10T02:53:39","slug":"bitcoin-rallies-after-trump-pauses-tariff-crypto-markets-cheer-the-move","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=58143","title":{"rendered":"Bitcoin Rallies After Trump Pauses Tariff\u2014Crypto Markets Cheer the Move"},"content":{"rendered":"

Bitcoin price started a fresh increase above the $80,000 zone. BTC is now consolidating gains and might correct some to test the $80,500 zone.<\/em><\/p>\n

Bitcoin started a fresh increase above the $80,000 zone.
\nThe price is trading above $80,500 and the 100 hourly Simple moving average.
\nThere was a break above a key bearish trend line with resistance at $78,800 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair could start another increase if it clears the $83,500 zone.<\/p>\n

Bitcoin Price Jumps Over 5%<\/h2>\n

Bitcoin price started a fresh increase<\/a> from the $74,500 zone. BTC formed a base and gained pace for a move above the $78,500 and $80,000 resistance levels.<\/p>\n

The bulls pumped the price above the $80,500 resistance. There was a break above a key bearish trend line with resistance at $78,800 on the hourly chart of the BTC\/USD pair. The pair even cleared the $82,500 resistance zone. A high was formed at $83,548 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $74,572 swing low to the $83,548 high.<\/p>\n

Bitcoin price is now trading above $80,200 and the 100 hourly Simple moving average<\/a>. On the upside, immediate resistance is near the $83,200 level. The first key resistance is near the $83,500 level.<\/p>\n

<\/a><\/p>\n

The next key resistance could be $84,500. A close above the $84,500 resistance might send the price further higher. In the stated case, the price could rise and test the $85,800 resistance level. Any more gains might send the price toward the $88,000 level.<\/p>\n

Are Dips Supported In BTC?<\/h2>\n

If Bitcoin fails to rise above the $83,500 resistance zone, it could start a downside correction. Immediate support on the downside is near the $81,400 level. The first major support is near the $80,500 level.<\/p>\n

The next support is now near the $79,500 zone or the 50% Fib retracement level of the upward move from the $74,572 swing low to the $83,548 high. Any more losses might send the price toward the $78,000 support in the near term. The main support sits at $75,000.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $81,400, followed by $80,500.<\/p>\n

Major Resistance Levels \u2013 $83,500 and $84,500.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a fresh increase above the $80,000 zone. BTC is now consolidating gains and might correct some to test the $80,500 zone. Bitcoin started a fresh increase above the $80,000 zone. The price is trading above $80,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend […]<\/p>\n","protected":false},"author":0,"featured_media":58144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58143"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58143"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/58144"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}