Bitcoin price has experienced heavy sell-offs due to concerns over a fragile global economy. Despite President Trump's commitment to lowering bond yields and establishing a crypto working group, BTC has seen negative performance since his inauguration. Analysts argue that BTC's recent decline is not solely due to the underwhelming US reserve, but rather driven by macroeconomic concerns and tariff disputes. Traders and investors are cautious ahead of US macroeconomic data releases and the Federal Reserve interest rate decision, as they could bring more volatility to BTC and shape the direction of equities. BTC's price is currently hovering around $82,500, with the potential for further decline if it closes below $78,258. However, there are signs of potential recovery with the RSI indicating fading bearish momentum. If bullish momentum continues, BTC could reach $85,000.



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