The year has clearly not started as cryptos lovers would have liked. After a 2024 bullish year, the first months of 2025 were catastrophic. Indeed, the BTC dropped under $ 80,000 after having recorded a top around $ 110,000. Bitcoin and financial markets were strongly disrupted by Trump’s customs tariffs. But after a (long) period of decline, the BTC is back beyond the $ 100,000 psychological figure! Ath in sight for the BTC? We take stock.
Positive macroeconomic perspectives relaunch bitcoin
The start of the year was difficult for risky assets such as cryptocurrencies and the US market. Let us remember that the Bitcoin dropped by 32 % by joining the 76 000 $and thatEthereum has plummeted under $ 1,500. ETH has returned to levels never affected since March 2023. On the side of the American market, the S&P 500 and the NASDAQ fell by more than 20 %.
On April 2, Donald Trump unveiled new Measures concerning customs dutiesqualifying this day as ” Liberation Day For the American economy. Thus, the situation has clarified with the implementation of Reciprocal customs duties For 200 business partners. Then the China decided to retaliatesowing panic on the markets and reviving fears of a real trade war.
But D. Trump finally decided to go into negotiationsespecially with China. There Customary duties reductionthus avoiding a world trade war, allowed Bitcoin to know a bullish momentum to $ 100,000.
The bull Run reactivated with the return beyond $ 100,000?
The return above the Psychological bar of $ 100,000 is necessarily positive. Bitcoin’s course is only to Some percents to record a new ATH.
We note that buyers have shown themselves at the level of the Mobile average at 350 days (orange), around $ 76,000 :
During the previous one bull marketin 2021, the course also had Rebounded on the orange curve in Julyafter a violent correction. And it’s the Loss of the mobile average at 350 days who had sent the Bitcoin a Bear Market. For the moment, buyers are present, and the course continues toevolve beyond this threshold.
Moreover, when the course keeps (or exceeds) the mobile average at 350 dayshe tends to Join the multiple 1.6 of the Mobile average at 350 days (Green). And if it is verified again, the BTC could save an ath and exchange around the 125 000 $ (green curve).
In a macroeconomic context more favorable to risky assets, Bitcoin finds $ 100,000. Buyers therefore allowed the King of Cryptos to keep the $ 80,000, to exceed $ 90,000 and even $ 100,000. The BTC therefore heads for its ATH around $ 110,000, and a new acceleration now seems possible.
