Bitcoin Slips Below $82K: What’s Ahead for BTC This Week?

While Trump’s presidency has emphasized regulatory clarity to boost technological innovation, his administration's tariff plans have cast a shadow over financial markets, including crypto.

Bitcoin has felt the pressure, slipping to $81,000 with a 2.09% decline in the past 24 hours.

Over the past week, BTC has dropped 6.54%, with a 4.01% decline over the month. This marks a nearly 7% fall from its recent peak of $88,300. With Bitcoin unable to break its downward trend, concerns about further losses are growing.

Crypto Market Faces Broad Sell-Off

Bitcoin’s price movement affects the entire crypto ecosystem, and its recent decline has triggered significant liquidations. In the last 24 hours alone, crypto liquidations have totaled $260 million, dragging the total market cap down by roughly 3%. Sentiment has also taken a hit, with the Crypto Fear and Greed Index showing rising fear among investors. The bearish trend has market participants bracing for potential turbulence ahead.

Trump’s Tariff Plans Weigh on Bitcoin

A key factor adding to the uncertainty is Trump’s upcoming announcement of reciprocal tariffs on April 2, also known as Liberation Day. The anticipation of these trade measures has already put pressure on markets, contributing to Bitcoin’s break below its $82K support level.

Beyond tariffs, broader macroeconomic factors are also playing a role. The latest Core PCE data—the Federal Reserve’s preferred inflation gauge—came in higher than expected, signaling persistent inflationary pressures. Additionally, consumer confidence has dropped to its lowest level in months, raising further concerns about economic stability.

What’s Next for Bitcoin?

Despite the short-term bearish outlook, analysts are watching two critical levels that could determine Bitcoin’s next move. According to market analyst Ali Martinez, Bitcoin must break through the short-term holder realized price of $90,700 and the three-month realized price of $97,300 to regain bullish momentum.

The upcoming tariff announcement on April 2 is expected to target key trading partners, including the European Union, South Korea, Brazil, and India. The crypto market’s response will largely depend on the scale and scope of these policies.

If investors interpret Trump’s move as an aggressive stance against global trade, we could see continued risk-off sentiment in the crypto space. However, if the measures are seen as controlled and strategic, Bitcoin may find some relief and attempt a recovery.

With volatility on the rise and major economic events ahead, all eyes are on Bitcoin’s next move. Will BTC reclaim lost ground, or is there more downside ahead? The market’s reaction in the coming days will provide critical clues.