Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Liberation Day for Bitcoin Price – Is $100k Within Reach?

Liberation Day for Bitcoin Price – Is $100k Within Reach?

CryptoNewsCryptoNews2025/04/06 00:00
By:Arslan Butt
Last updated: April 5, 2025 07:50 EDT
 
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

In the days following Liberation Day, Bitcoin is showing signs of a directional shift. Trading near $83,700, BTC is consolidating within a well-defined range, with bullish divergence on the 4-hour RSI hinting at emerging upward momentum.

Amid heightened geopolitical risk and shifting capital flows, the market appears to be preparing for its next move—and the prospect of $100,000 is becoming part of the active discussion.

Bitcoin Technical Conditions Suggest a Breakout Ahead

Bitcoin continues to trade within a symmetrical triangle, with support holding firm at $81,240 and resistance capping upside at $86,930.

The Relative Strength Index (RSI) at 51 signals a neutral stance, but the positive divergence from recent lows indicates a shift in underlying momentum.

Liberation Day for Bitcoin Price – Is $100k Within Reach? image 1

Should Bitcoin break above the upper trendline, upside targets include $88,810 and $91,090. On the downside, a failure to hold current support could lead to a retest of $79,890 or $78,320.

For now, volatility compression suggests the market is approaching a decisive move.

BRICS Tensions Reinforce Bitcoin’s Hedge Narrative

Geopolitical developments are increasingly influencing Bitcoin’s macro narrative. Russia’s Deputy Foreign Minister, Sergey Ryabkov, clarified that BRICS nations are not aiming to replace the U.S. dollar, but rather to modernize financial structures to reduce monopolistic influence.

 

His statement followed Donald Trump’s warning of 100% tariffs and restricted U.S. market access should BRICS develop a dollar alternative.

Read more here – https://t.co/odkXHGSOUU

— Bitcoin.com News (@BTCTN) April 5, 2025
 

Trump’s broader trade proposal includes a 10% universal import tariff, which has reignited fears of a global trade war. These risks have implications beyond geopolitics—they could undermine confidence in fiat currencies, prompting investors to explore decentralized stores of value like Bitcoin.

Key Takeaways:

  • Trump’s tariff threat heightens BRICS’ push for financial independence.
  • A weakened dollar narrative could drive capital flows into Bitcoin.
  • BTC’s role as a non-sovereign asset gains renewed relevance.

DeFi Integration and ETF Progress Support Bullish Sentiment

Beyond macro forces, Bitcoin’s ecosystem is evolving. This week, users on Babylon, a Bitcoin staking protocol, unstaked over $21 million following a 600 million BABY token airdrop.

While some feared a short-term selloff, developers described it as routine behavior and noted the event’s broader significance: Bitcoin’s expanding footprint in decentralized finance (DeFi).

[COINTELEGRAPH] Babylon users unstake $21M in Bitcoin following token airdrop $BABY $BTC https://t.co/QIWeLVSvF4

— BecauseBitcoin.com (@BecauseBitcoin) April 4, 2025
 

Meanwhile, Grayscale has filed with the SEC to convert its Solana Trust into a spot Solana ETF (GSOL) on the NYSE, joining asset managers like VanEck and Franklin Templeton.

🚀 Exciting news in the crypto space! Grayscale has filed S-1 to list the Grayscale Solana ETF on the NYSE, trading under the ticker "GSOL." This could offer traditional investors a new way to engage with SOL. Stay tuned! 📈 #SOL #Mercex #MercexNews

— Mercex (@mercex_io) April 4, 2025
 

While focused on altcoins, the rising demand for crypto ETFs could indirectly bolster Bitcoin, especially as traditional capital flows toward regulated digital asset products.

In Summary:

  • Bitcoin remains the primary gateway for crypto exposure.
  • $21M in BTC unstaked post-airdrop signals active DeFi engagement.
  • Grayscale’s Solana ETF filing marks rising institutional appetite.

BTC Bull Presale: Earn Real Bitcoin with Every Price Milestone

BTC Bull ($BTCBULL) is gaining traction as one of the most exciting presales in crypto, combining meme culture with real utility. Designed for long-term holders, the token automatically rewards investors with real Bitcoin as BTC reaches major price thresholds—aligning community incentives with Bitcoin’s growth.

Staking for Passive Bitcoin Income

BTC Bull offers a lucrative staking program boasting a 119% APY, allowing users to earn passive income while supporting the network. With over 882.5 million BTCBULL tokens already staked, community engagement continues to grow.


Latest Presale Updates:

  • Current Token Price: $0.002445 per BTCBULL
  • Raised So Far: $4.41M of $5.16M target

With limited time remaining and demand accelerating, this is a key window to secure BTCBULL at presale rates before the next price jump.

 
0
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

SoftBank reports first quarterly loss in two years! $3.7 billion impairment in US data center project, AI investments face pressure

SoftBank Group reported a net loss of 1.12 trillion yen in its second fiscal quarter, marking its first quarterly loss in nearly two years. The main reasons are the write-off of nearly $3.7 billion in advance payments due to adjustments in the procurement of power supply equipment for its AI data center in Ohio, USA, a shift of the Vision Fund from profit to loss, and a surge in the cost of high-debt financing. Since the June peak, SoftBank's share price has fallen more than 50%.

华尔街见闻•2026/11/10 08:16

Expanding computing power on one hand, grabbing spectrum on the other! Barclays optimistic about SpaceX (SPCX.US) acquiring T-Mobile: Complementary advantages of ground networks and Starlink

After Space's stock price rose for two consecutive days, Barclays stated that T-Mobile is the "cleanest" choice among SpaceX’s potential acquisition targets. Barclays considers Verizon a major unknown, while AT&T has the lowest strategic fit.

智通财经•2026/11/10 07:31

Will the Federal Reserve raise rates in December? Tonight's CPI will be the final verdict!

The October CPI data will be released tonight, with the market pricing in an 86% chance of a rate hike. Goldman Sachs predicts a core CPI month-on-month increase of only 0.16%, much lower than market expectations. However, statistical distortions in health insurance and declines in used car prices—these "soft factors"—are unlikely to be reflected in the core PCE, which the Federal Reserve places greater emphasis on. The data may trigger a relief rally, but it is unlikely to change the underlying hawkish sentiment.

华尔街见闻•2026/11/10 07:21
Will the Federal Reserve raise rates in December? Tonight's CPI will be the final verdict!

A 14x PE is not a bargain! Renowned wealth management CEO warns: If Nvidia (NVDA.US) earnings are revised down by 5%, its stock price could drop by 40%.

Ritholtz Wealth Management CEO Josh Brown questioned the idea that a 14x P/E ratio is a bargain and issued a warning: "If Nvidia's earnings over the next 12 months are revised down by 5% from our expectations, the stock could potentially drop by 40%."

智通财经•2026/11/10 06:51
A 14x PE is not a bargain! Renowned wealth management CEO warns: If Nvidia (NVDA.US) earnings are revised down by 5%, its stock price could drop by 40%.