Bitcoin's Weekend Wobble: A Brief High, Then Back to the Grind Bitcoin briefly reached an eleven-day high, hitting $86,000, seemingly buoyed by President Trump's tariff adjustments. However, this weekend surge is being met with cautious skepticism. Low trading volume and the market's well-known weekend volatility add to the uncertainty. Traders are reminding us that a prolonged bull run still faces hurdles like a stubborn downtrend, needing a solid retest. So, while Bitcoin danced briefly, the overall outlook remains a bit murky.
Monday, April 14, 2025
Bitcoin Dances Around $86,000, but Caution's the Name of the Game
Bitcoin's Weekend Wobble: A Brief High, Then Back to the Grind Bitcoin briefly reached an eleven-day high, hitting $86,000, seemingly buoyed by President Trump's tariff adjustments. However, this weekend surge is being met with cautious skepticism. Low trading volume and the market's well-known weekend volatility add to the uncertainty. Traders are reminding us that a prolonged bull run still faces hurdles like a stubborn downtrend, needing a solid retest. So, while Bitcoin danced briefly, the overall outlook remains a bit murky.
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