Date: 2025-04-14
Bitcoin (BTC) price has been consolidating within a roughly $3,000 range since April 9 as the 200-day SMA trendline remains a stubborn barrier.Data from Cointelegraph Markets Pro and Bitstamp shows that BTC price oscillates within a tight range between $83,000 and $86,000, as shown in the chart below.BTC/USD four-hour chart. Cointelegraph/TradingViewKey factors behind Bitcoin’s flat price action include:Trump’s mixed signals on technology tariffs.Buy and sell pressure equilibrium with BTC price trapped between two key levels. Trump tariffs breed market uncertaintyOne significant factor contributing to Bitcoin price flatlining is the White House’s semiconductor and technology tariff inconsistency.Key points:Bitcoin price rallied on April 11 ...
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