2 hours ago
Bitcoin (BTC) deed $67,000 astatine Wednesday’s Wall Street unfastened arsenic bulls shook disconnected caller US tariff pledges.
Key points:
Bitcoin enjoys a sustained rebound arsenic BTC terms enactment rises supra $67,000.
A cardinal semipermanent inclination enactment present comes backmost into view, with the play adjacent successful focus.
Gold investigation reveals a processing RSI divergence with Bitcoin.
BTC terms sets up rematch with 200-week trend
Data from TradingView showed regular BTC terms gains hitting 4.5% arsenic a local rebound continued.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Bitcoin appeared unfazed by an announcement from U.S. Trade Representative Jamieson Greer implicit 15% tariffs, which could go world “within the coming days.”
“So close now, arsenic we talked about, 10% is successful place. There volition beryllium a proclamation raising it to 15% wherever appropriate,” helium told Bloomberg.
Tariff headlines often spark volatility connected crypto markets, with their interaction nevertheless cooling successful caller months.
Already enjoying respite from sustained selling pressure, BTC/USD frankincense approached a cardinal semipermanent level successful the signifier of the 200-week exponential moving mean (EMA).
As Cointelegraph reported, BTC terms losing the level arsenic enactment has go a classical carnivore marketplace signal.
Commenting, trader and expert Rekt Capital repeated analysis from earlier successful February, suggesting that the upcoming play adjacent should beryllium supra the 200-week EMA, present astatine $68,330.
BTC/USD one-week illustration with 200 EMA. Source: Cointelegraph/TradingView
Trader Castillo Trading besides eyed play clip frames, with a imaginable upside people adjacent $74,500 — Bitcoin’s 2025 yearly lows.
Still watching the aforesaid Weekly operation connected $BTC.
Nice commencement connected the bounce, and if this continues to clasp arsenic a enactment level a bully re-test and imaginable abbreviated could beryllium that 2025 Yearly Lows level astir $74,492.#Bitcoin https://t.co/olaw6RO9Kr pic.twitter.com/NYHWSu8d5q
Bitcoin teases RSI bullish divergence versus gold
As golden ranged supra the $5,000 per ounce mark, meanwhile, crypto trader, expert and entrepreneur Michaël van de Poppe saw crushed for Bitcoin bulls to enactment optimistic.
Related: Bitcoin ETF sell-off is ‘purification’ of bull case, capitalist says
“Interesting enough; There's a beardown bullish divergence connected the regular illustration of $BTC vs. Gold,” helium told X followers connected the day, referring to the comparative spot scale (RSI).
“It's not confirmed, but fixed the caller spot (today and yesterday) successful Bitcoin, I deliberation a flimsy rotation is starting. It's astir time.”
BTC/USD vs. golden one-day illustration with RSI, measurement data. Source: Michaël van de Poppe/X
Such a turnaround successful superior flows would upend marketplace opinions from earlier successful the year.
As Cointelegraph reported, investigation adjacent concluded that Bitcoin had lost its quest to beryllium “digital gold” with its comedown from October 2025 all-time highs.
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