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Bitcoin is trading resiliently near $85,000 as macroeconomic shifts erode foreign confidence in U.S. assets. Analysts highlight a breakout from a downtrend and balanced liquidity, signaling potential upward momentum. Meanwhile, declining demand for U.S. equities and rising tariffs add to market uncertainty.
- Bitcoin breaks out of a multi-month downtrend, holding above $85,000 with potential to reach $88,500 if support holds.
- Foreign central banks are net sellers of U.S. equities, raising concerns about structural confidence in U.S. capital markets.
- U.S. tariffs hit 22.8%, the highest in a century, prompting businesses like Feastables to shift manufacturing abroad.
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Related Tags: Bitcoin
Other Tags: Caleb Franzen, Jim Bianco