The moving average convergence divergence (MACD) indicator, which is used to gauge trend strength, has turned negative for bitcoin. This comes as President Donald Trump's tariff rhetoric threatens to destabilize markets. However, the current price action of bitcoin does not validate the negative reading on the MACD. BTC remains within the range of $90,000 to $100,000, with recent movements between $95,000 and $100,000. While the MACD indicator is not a cause for concern at the moment, several macro factors, including Trump's tariff threats, could potentially lead to downside volatility for bitcoin. If the cryptocurrency breaks below the long-held support near $90,000, it would confirm a bearish shift in momentum.



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