Bitcoin's Target of 90,000 USD: Donald Trump's Tariffs and Current Market Developments

Bitcoin has attracted attention and attracted a lot of speculation from traders and investors due to its price still being highly volatile recently. The price of the coin has skyrocketed above $85,000 by the end of March 2025 and now all eyes are on the $90,000 level, with analysts suggesting that the coin could continue its uptrend if some economic factors remain in its favor.

Market participants are also waiting for the next important support and resistance levels that they are closely monitoring. Notable factors include the geopolitical situation, particularly due to the recent tariff decisions by U.S. President Donald Trump, which appear to play a key role in any future movements of Bitcoin. Bitcoin has been in a bullish mood for several months, breaking through significant resistance levels. Currently, Bitcoin is fluctuating around $85,000, with the next resistance level slightly lower than $90,000 once again. Analysts believe that Bitcoin will continue to rise if it can break through that level. However, if the price does not surpass this resistance level, it may face a minor correction. This price level, along with market behavior related to Bitcoin, suggests that traders should be cautious as the global economy is in a state of uncertain weather. Trump's tariff decision could draw attention to the price of Bitcoin In the past few weeks, discussions about tariffs from the United States on behalf of the government have affected the cryptocurrency market. President Trump's reversal of some of his tariff decisions could lead to a significant price increase for Bitcoin, according to most people's analysis. For now, it is speculated that if Trump's tariffs are adjusted, then the economic environment is more likely to benefit from improvements. As a result, Bitcoin could be absorbed by the impacts, with some predicting that it will rise to as high as $90,000. On the other hand, if the tariffs remain unchanged or become more stringent, then more intense volatility and resistance are predicted for Bitcoin in the $85,000 range. When Bitcoin is still at $85,000, the market remains optimistic as institutional investors are reporting large acquisitions. Such investment moves have translated confidence into the current price that Bitcoin can provide. However, beyond the coins purchased by institutions, the momentum of the Bitcoin market also reflects the picture painted by overall economic conditions. Additionally, it enhances price strength due to increased demand for digital currency as a store of value related to inflation. Furthermore, the upward trend continues as financial institutions and major payment systems gradually adopt Bitcoin. Short-term perspective: Consolidation or breakout? In the short-term, Bitcoin could consolidate at the current price level or break out of the $90,000 resistance level. Analysts are busy waiting for any signs of a breakthrough. The coin has proven resilient and sustained above key support levels such as the $80,000 range. However, volatility in global markets, especially on economic and political issues, can bring some spice to prices. Therefore, investors are advised to pay close attention to important developments regarding global financial policy as well as tariffs, as these will inevitably impact any market dynamics soon.