Bitcoin has been navigating significant volatility and renewed selling pressure as the financial markets face deep uncertainty. Global investors are reacting to rising geopolitical tensions and erratic policy moves, particularly from U.S. President Donald Trump, whose latest tariff announcements have added fuel to an already unstable environment. This unpredictable behavior continues to unsettle markets and shake risk sentiment, thus placing added pressure on crypto assets like Bitcoin.
Despite the turbulence, many analysts view the current correction as part of a broader, healthy market cycle. They argue that the noise from global headlines may be distracting from what could be a more constructive reset in price action.
According to recent insights from on-chain data analysis, the average selling pressure on top exchanges has dropped significantly—down from 81,000 BTC per day to just 29,000 BTC. This substantial decrease suggests that the market has effectively absorbed previous waves of profit-taking following Bitcoin’s rise above $100,000. Analysts describe this phase as the “zone of asymmetric demand,” where sellers have dried up and buyers appear increasingly confident at current price levels, indicating that a new equilibrium may be forming.
Bitcoin is currently facing serious pressure as it trades just above a critical support level around $81,000. Bulls are on high alert, as a breakdown below this zone could trigger intensified selling and a deeper correction. The broader financial landscape remains tense, with uncertainty driven by geopolitical shifts and economic policy risks weighing heavily on investor sentiment.
Adding to this pressure, President Trump recently declared April 2nd “liberation day,” signaling his plan to implement new “reciprocal” taxes—tariffs and sales tax measures intended to mirror those imposed by foreign nations. Markets are reacting with caution, fearing potential economic fallout and trade instability that could follow. Risk assets like Bitcoin remain highly sensitive to such moves; any escalation could further shake market confidence.
However, on-chain data paints a different picture beneath the surface. Analysts show that the average daily selling pressure has fallen sharply, marking a potential structural change in the market dynamics. Conversations among market watchers suggest that April through May could become a consolidation phase—a calm before the next impulse in price movement. If Bitcoin can hold above $81K and macroeconomic conditions stabilize, this reduced selling pressure could set the stage for a *strong breakout*.
Currently, Bitcoin is trading around $84,200 after several days of consistent selling pressure, struggling to regain momentum following its recent pullback. While the price has held above the $81,000 support level, bulls remain under pressure to reclaim lost ground. The key objective now is to push BTC above the $86,500 mark—an important technical threshold that aligns closely with both the 200-day moving average (MA) and the 200-day exponential moving average (EMA).
Reaching this zone would be a significant technical achievement, signaling renewed strength and opening the door for price action toward higher resistance levels. Conversely, failure to reclaim the $86,500 level in the coming days may reinforce bearish momentum, putting Bitcoin at risk of falling back toward the pivotal $81,000 support level.
In the midst of elevated volatility and fragile market sentiment, Bitcoin’s short-term direction hinges on whether bulls can break through resistance levels or if bears will regain control and drive prices lower.
