LooksRare presyoLOOKS

Bitcoin’s recent price action has shown a slight increase, yet the cryptocurrency still faces significant bearish sentiment. Despite trading higher, many investors remain cautious due to upcoming US trade developments that are expected to affect the broader market. As of March 31, Bitcoin (BTC) opened higher at $83,914 on Bitstamp, marking a 1.5% increase for the day. Despite this uptick, the sentiment from traders remains largely cautious, reflecting the uncertainty surrounding recent macroeconomic factors. The relative strength index (RSI) indicates potential bearish pressure, with traders like Roman suggesting that BTC may retest levels closer to $80,000. “To me, it looks like we should begin to head lower as we have a breakdown and bearish retest on lower timeframes. As the first quarter of 2025 concludes, Bitcoin finds itself in a precarious position with a year-to-date drop of 10.8%. Current targets for BTC have been lowered, with estimates suggesting a potential drop to around $65,000. “The worst first quarter since 2018 raises questions on the trajectory of the current bull phase,” as mentioned in recent analyses from multiple sources. Market participants are advised to remain informed on BTC’s fluctuating price metrics, keeping an eye on trading volumes and chart formations that may provide early indicators of shifting momentum.$BTC

• A victory doesn't make you a genius. • A defeat doesn't make you a failure. The market rewards perseverance, discipline and above all patience, not the ego. ~ When the ego dies, the soul wakes up… Let it fly and be surprised by how small everything looks from above…🪽

Well, it looks like I am not Cursed anymore 🤷‍♂️ Book 5R+ in less than an hour for $REZ One of my best trade ever it seems lol

Despite the chaos, there’s one chart that looks shockingly bullish right now: ♦️ $TOTAL (Global Crypto Market Cap) is holding up like a champ. ♦️ The structure is clean, forming a solid higher low setup. ♦️ Strong chance this implies a relief rally is coming across the board — BTC, ETH, and alts alike. Why It Matters: ♦️ Price action shows resilience despite macro fear and headlines. ♦️ No major breakdowns, even with aggressive sell pressure on equities. ♦️ Liquidity is still in the system — and crypto might just lead the rebound. If this holds: ♦️ Expect a broad-based bounce, especially in high-beta alts. ♦️ This could be the springboard before a larger Q2 move. ♦️ Great time to prep your watchlist and rotate into strength. Bottom line: While TradFi is panicking, $TOTAL is whispering strength. Crypto might just get its relief moment... and it could move fast.

Things are getting REAL. Here’s what’s unfolding: ♦️ China, Japan, and South Korea will jointly respond to US tariffs as Trump’s April 2nd "Reciprocal Tariff Day" nears, per Reuters. ♦️ Mexico has announced a counter-response coming April 3rd. ♦️ It’s happening: Reciprocal tariffs on reciprocal tariffs. This Has NEVER Happened Before: ♦️ US Trade Policy Uncertainty Index is now 25% ABOVE the Trump Trade War 1.0 peak. ♦️ S&P 500 down -10.5% in 6 weeks — now in correction territory. ♦️ $3 TRILLION wiped from markets in just 4 trading days. Timeline of the Selloff: ♦️ Feb 19: S&P 500 hits all-time high (6147) ♦️ March: Selloff deepens after Trump says he's “not watching the market.” ♦️ March 13: Relief rally ends with 25% auto tariff announcement ♦️ Now: We're back in correction territory Weekend Firestorm from Trump: ♦️ Sunday 11 AM ET: Trump threatens to "bomb" Iran ♦️ Proposes 25%-50% tariffs on Russian oil ♦️ Says he “couldn’t care less” if automakers raise prices ♦️ WSJ reports: Trump weighing “broader, higher tariffs” — up to 20% across-the-board ♦️ Trump confirms: Tariffs on "all countries" this week — “see what happens.” Uncertainty Skyrockets: ♦️ 5-day avg of US Economic Uncertainty Index hit ~634   — That’s +270 points above the 2008 peak   — Higher than April 2020 pandemic levels ♦️ Market is reacting directly to uncertainty. What’s Next? ♦️ Barclays: Trump to announce tariffs on 25+ countries this Wednesday ♦️ Markets have priced in part of it — but global retaliation is underpriced ♦️ EU & Mexico expected to strike back April 3rd Potential Economic Impact: ♦️ Reciprocal tariffs could affect $1.3 TRILLION in trade   → GDP drop: 100+ bps ♦️ EU tariffs alone may hit $600 BILLION in imports   → GDP drop: ~70 bps   → Inflation: +40 bps ♦️ Stagflation may already be underway Market Reactions: ♦️ Goldman’s stagflation basket stocks are surging ♦️ Fed dilemma:   → Raise rates? = Recession   → Cut rates? = More inflation ♦️ It’s a lose-lose setup Consumer Breakdown: ♦️ Inflation expectations highest since 1993 ♦️ Consumer confidence has plunged ♦️ Households believe we're already in recession ♦️ They cannot survive another inflation rebound Capitulation? Not Yet: ♦️ $VIX shows no real panic — just orderly selling ♦️ We haven’t seen a true capitulation flush yet Warning Sign from the Magnificent 7: ♦️ Now make up ~31% of S&P 500, down from 35% ♦️ For the first time in years, they’re lagging US & EU markets ♦️ This is NOT what a bull market looks like Brace yourselves. The next chapter in this global economic war is about to begin.