‘Don’t Let Your Guard Down’: Crypto Analytics Firm Says Bitcoin Not out of the Woods Yet After Tariffs Pause
Prominent crypto analytics firm Swissblock says Bitcoin (BTC) may have yet to find a market bottom despite the US enacting a 90-day tariff pause.
Swissblock says on the social media platform X that Bitcoin’s momentum to the upside is not yet a sign of a convincing breakout.
“Don’t let your guard down yet! The 90-day trade war extension eases tensions, but we’re not out of the woods. Bitcoin breaks $78,000-$79,000, now holding above $80,000. Are we in the clear?”
Swissblock says the Bitcoin Risk Signal – which uses several indicators, including price data, on-chain data and a selection of other trading metrics to gauge whether BTC is at risk of a major drawdown – is not yet indicating a market bottom has been…
