Bitcoin Bottom Confirmed by Swissblock as Market Consolidates, Indices Stabilize

Crypto analytics firm SWISSBLOCK has declared that Bitcoin (BTC) has reached its bottom, signaling the start of a final consolidation phase. The firm emphasized that Bitcoin may need to revisit the $80,000–$82,000 range before initiating its next upward movement.

In a recent analysis shared on social media platform X, SWISSBLOCK stated, “For consolidation to continue, Bitcoin may need to revisit the $80,000–$82,000 zone. Rejections at $86,000 have been consistent, and the range is tightening. A step back could be what fuels the next leg higher.”

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Source: SWISSBLOCK/X

The firm also highlighted that the trade war narrative is already priced into the markets, with indices beginning to bottom. SWISSBLOCK explained, “This weekend, tariff exemptions for tech hit: microchips to cellphones, a lifeline for APPLE & NVIDIA. ‘Green Monday’ hopes surged! But 24 hours later, Commerce Sec. LUTNICK says it’s temporary, pending a sector-specific tariff regime. The good cop/bad cop routine rattled markets, but by Monday, volatility was muted.”

They further noted, “Markets aren’t buying TRUMP’S bluff anymore, not with the same intensity. Volatility down, fear fading. The good cop/bad cop game signals a controlled retreat: trade war costs votes. Is this the start of a bottom for indices? Yes, it is.”

Regarding Bitcoin, SWISSBLOCK concluded, “Bitcoin’s bottom is in, final consolidation phase has started. A step back doesn’t imply collapse, it opens opportunity.”

At the time of writing, Bitcoin is trading at $85,101.

Sources: Swissblock/X, Swissblock/X

By Bardil

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