Bitcoin has been navigating sharp volatility and renewed selling pressure as financial markets continue to face deep uncertainty. Global investors are reacting to rising geopolitical tensions and erratic policy moves, particularly from US President Donald Trump, whose latest tariff announcements have added fuel to an already unstable environment. His unpredictable behavior continues to unsettle markets and shake risk sentiment, 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. In fact, underlying market data shows a shift in momentum that may favor long-term bulls.
According to new insights from CryptoQuant, the average selling pressure on top exchanges has dropped significantly — from 81,000 BTC per day to just 29,000 BTC. This substantial decrease suggests that the market has successfully absorbed waves of profit-taking following Bitcoin’s break above $100,000. As a result, analysts are calling this phase the “zone of asymmetric demand,” where sellers have dried up and buyers appear more confident in current price levels. A new equilibrium may be forming.
Bitcoin Holds $81K as Market Braces For Policy Shocks
Bitcoin is 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 the 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 the potential economic fallout and trade instability that could follow. Risk assets like Bitcoin remain highly sensitive to such moves, and any escalation could further shake confidence.
However, on-chain data paints a different picture beneath the surface. Top analyst Axel Adler shared insights showing that the average daily selling pressure on top exchanges has fallen sharply — from 81,000 BTC to just 29,000 BTC. Adler describes this shift as entering the “zone of asymmetric demand,” where selling has dried up and buyers are showing increased confidence in current price levels.
This transition marks a structural change, with the market absorbing prior profit-taking and positioning for what could be the next major move. According to Adler, April through May could become a consolidation phase — a calm before the next impulse. If Bitcoin holds above $81K and macro conditions stabilize, this reduced selling pressure could set the stage for a strong breakout. For now, all eyes remain on price behavior at support and how markets respond to looming policy shifts.
Bitcoin Trades at $84,200 as Bulls Eye Key Resistance
Bitcoin is trading at $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 — a level that aligns closely with both the 200-day moving average (MA) and the 200-day exponential moving average (EMA).
Reclaiming this zone would be a significant technical achievement, signaling renewed strength and opening the door for a continuation toward higher resistance levels. A decisive close above these moving averages could shift sentiment and confirm that Bitcoin is entering a new recovery phase.
However, failure to reclaim $86,500 in the coming days may reinforce bearish momentum. Without a strong move above those key indicators, Bitcoin risks falling back toward the $81,000 level. A breakdown below that support would likely trigger increased selling pressure and possibly a deeper correction.
With volatility still elevated and market sentiment fragile, Bitcoin’s short-term direction hinges on whether bulls can break through resistance or if bears will regain control and send prices lower.
Featured image from Dall-E, chart from TradingView
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