Bitcoin’s price is fluctuating near 84,000 USD, following concerns from high U.S. Inflation. Coinbase analysts predict it will remain within the 78,000 USD to 88,000 USD range until April 2, aligning with new tariffs proposed by President Trump.
Many short-term holders are facing financial distress, holding 3.4 million BTC at significant losses. This situation raises concerns over possible market-wide capitulation, as negative sentiment grows amid increased options trading and hedging activities.