Bitcoin Price Jumps to $82K After Trump Tariff Pause: Is $85K the Next Target?

Bitcoin price surged nearly $82K after President Trump reversed his decision on global tariffs, except for China. This unexpected move sent shockwaves across the crypto market, igniting optimism and a strong rally. BTC wasn’t alone, XRP and ETH surged 12%, while Dogecoin, Cardano, Solana, and BNB posted 10% gains. The broader crypto market cap increased 6%, while U.S. equities had their best day since 2008. 

The policy shift rolled back newly enacted 125% tariffs on most countries, except China, returning them to the previous 10% baseline. This Trump tariff pause helped calm recession fears and sparked optimism that new trade negotiations could avoid a global trade war. Meanwhile, China remains under stricter levies, setting the stage for geopolitical tensions ahead.

Tariff Relief Fuels Crypto Surge

Bitcoin Price rallied from a low of $75,000 earlier in the week, propelled by $350 million in short liquidations. This kind of squeeze often provides buying opportunities, signaling that overleveraged bearish positions were flushed out. Analysts believe this move might not just be a short-term bounce. BTSE’s Jeff Mei commented that although optimism is high, ongoing Trump tariff actions against China could shift global trade dynamics, potentially benefiting crypto as an alternative asset class.

This unexpected geopolitical turn is reshaping Bitcoin prediction models as markets await further developments. With institutional interest returning and macro uncertainty driving up demand, Bitcoin may be setting the stage for another major move.

Bitcoin Price Analysis of April 10

The trading day of April 9 opened with bearish momentum. It broke below the previous support, landing on new ground at $74,623.06 as RSI dipped into oversold territory. That signaled a potential reversal, and the price climbed steadily, triggering an overbought alert at 6:10 UTC. A golden cross on the MACD at 16:05 UTC confirmed the uptrend. Then came a sharp spike at 17:20 UTC, helping Bitcoin break past its resistance level. By 18:35 UTC, a death cross signaled slowing momentum. Still, the price kept rising and hit fresh resistance at $83,588.60 after another overbought signal at 21:10 UTC.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 10, 2025

But the bulls ran out of breath. Another death cross at 21:30 UTC kicked off a slow decline. On April 10, the downtrend continued, with RSI again showing oversold at 00:40 UTC and 3:15 UTC. Bitcoin bounced off the new support at $81,472.02. A golden cross at 4:00 UTC gave a bullish hint. According to Bitcoin price prediction, if this momentum holds, Bitcoin could test and break $83,588.60, aiming for $85,000 next. But if the trend reverses, the price might fall below $81,472.02, possibly retesting the $74K support zone.

Tariff Twist Fuels Bitcoin Outlook

Trump’s unexpected tariff reversal, sparing most countries except China, sparked a sharp rebound in both crypto and equity markets. This move cooled recession fears and injected confidence back into investors. As a result, the Bitcoin Price surged past $82,000, riding the wave of macro relief and short liquidations. According to Bitcoin prediction models, if bullish sentiment continues and no fresh geopolitical tensions emerge, Bitcoin could soon test the $85,000 level. However, if market confidence fades or tariffs escalate, Bitcoin may retest the $81,472 support—or even slide back toward $75,000.

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