Act I : The AI Prophecy narxACT

Binance criticized on sudden drop of various coins including $ACT -75% in 2 days. This post reached to 200K people Keep Sharing and commenting Let them know Community is disappointed over these manipulations @binance @cz_binance

President Donald Trump is set to announce new U.S. tariffs on the country’s global trading partners on Wednesday afternoon and bitcoin is trending upward on the news. The digital asset saw a modest 1.93% gain over the past 24 hours, bringing its price to $86,478.86 at the time of reporting, according to Coinmarketcap. Despite this short-term uptick, BTC remains slightly down 0.31% over the past seven days. ( BTC price / Tradingview) Bitcoin’s 24-hour price range fluctuated between $83,939.88 and $86,521.54, showing resilience after recent market fluctuations. Trading volume increased by 8.53%, reaching $28.77 billion, indicating renewed market activity ahead of Trump’s trade announcement. Meanwhile, BTC’s market capitalization rose by 1.98% to $1.71 trillion. Despite ongoing uncertainty, BTC dominance continued its upward trajectory, climbing 0.64% to 62.92%, highlighting its strength against altcoins. Additionally, BTC futures open interest surged 4.31% to $56.53 billion, reflecting heightened investor engagement. ( BTC dominance / Trading View) Short sellers found themselves on the losing end once again, as $12.93 million in liquidations occurred over the past 24 hours, $12.91 million of which were short positions. This indicates that many traders incorrectly bet on a BTC decline, forcing them to exit their positions. Trump has dubbed April 2nd “Liberation Day” in the U.S. and is set to kick off a trade war with the country’s global trading partners when he officially announces new sweeping tariffs on Wednesday afternoon at 4 p.m. eastern standard time. The move could bolster bitcoin’s price as tariffs may weaken the U.S. dollar, driving investors to safe-haven assets such as gold and BTC. While bitcoin remains somewhat volatile, today’s tariff decision could act as a catalyst for BTC’s next move. If markets perceive Trump’s trade policies as disruptive to traditional financial stability, bitcoin could break higher toward the $90,000 mark in the near term. But if the announcement fails to shake global markets, BTC may continue consolidating within its current range. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Possible Next Move: 1. Support Level: Around $82,638, which is also the 24-hour low. If this level fails to hold, further decline is possible. 2. Resistance Level: Around $85,341 - $88,500. If Bitcoin moves upward, these levels may act as resistance. 3. RSI Indicator: Currently at 45.7 and 36.4, indicating a shift towards a bearish zone. If it drops near 30, it could signal an oversold condition, leading to a potential price reversal. 4. Large Red Candle After a Bullish Move: The price surged to $88,500 before experiencing a sharp decline, possibly due to correction or short selling pressure. Conclusion: If the $82,600 support level holds, a short-term bounce is possible. If it breaks, the price could drop further towards the $81,500 - $80,000 zone. If Bitcoin reclaims $85,300, it may attempt to reach $88,000 again. Trading Strategy: Short-term traders may consider long positions near $82,600, but a stop-loss is essential in case of further decline. If Bitcoin faces resistance near $85,300, short positions could be an option.

President Donald Trump announced today a sweeping new tariff policy that will impose a minimum 10% levy on nearly all goods entering the United States, effective April 5. The policy excludes Canada and Mexico, with both countries exempt from the 10% baseline tariff and reciprocal levies for now. However, non-compliant goods from those nations will continue to face a 25% tariff, originally imposed on the grounds that they were failing to curb the flow of drugs and crime into the United States. The 10% tariff would only apply if the current 25% duties on Canadian and Mexican imports are lifted or suspended. In addition to the general import levies, the plan also imposes a separate 25% tariff on all foreign-made automobiles, which takes effect at midnight ET. Building on that, the administration is also implementing “reciprocal” tariffs on approximately 60 nations, calculated at half their current total trade barriers on US exports. Among the major US trade partners impacted, China will face a 34% tariff, the EU 20%, Vietnam 46%, Japan 24%, India 26%, Taiwan 32%, Indonesia 32%, and Brazil 10%. These country-specific rates take effect April 9. “This is not full reciprocal. This is kind reciprocal,” Trump said. Trump declared a national emergency linked to the US trade deficit, which exceeded $918 billion in 2024, invoking the International Emergency Economic Powers Act to authorize the measures. “For years, hard-working American citizens were forced to sit on the sidelines as other nations got rich and powerful, much of it at our expense. But now it’s our turn to prosper,” Trump said from the White House Rose Garden. “I blame former presidents and past leaders who weren’t doing their job. They let it happen — to an extent that nobody can even believe,” he added. The administration projects that the tariffs will generate hundreds of billions in new revenue and boost domestic industry. Trump said the plan aims to open foreign markets, dismantle trade barriers, and increase production at home, which he believes will lead to stronger competition and lower prices for consumers. Markets reacted swiftly to the announcement: Bitcoin briefly surged to $88,000 before settling at $84,500, the 10-year US Treasury yield declined, and futures tied to major US indexes fell sharply. S&P 500 futures dropped 1.9%, while Nasdaq 100 futures slid 2.7% as investors absorbed the full scope of Trump’s sweeping trade action. Story in development

Bhutan’s government transferred $32 million worth of Bitcoin to a new wallet today, its second crypto movement in two weeks, according to data from Arkham Intelligence. The transfer follows last week’s movement of $63 million in Bitcoin to three separate wallets. Druk Holdings, the government’s investment arm, maintains holdings of approximately 8,594 Bitcoin, valued at $729 million at current prices. Druk Holdings’ portfolio extends beyond Bitcoin to include Ether, LinqAI, Phil, and Apu Apustaja tokens. While crypto is not legal tender in Bhutan, the country has been mining Bitcoin using hydroelectric resources since 2019, building crypto wealth equivalent to 30.7% of its GDP. In January, Bhutan’s newly established Gelephu Mindfulness City Special Administration Region announced plans to include Bitcoin, Ether, and BNB in its strategic reserves. The initiative, announced under the Application of Laws Act 2024, aims to enhance the region’s digital asset ecosystem within a regulated framework. The Bitcoin transfer comes as markets prepare for potential volatility ahead of President Donald Trump’s “Liberation Day” tariff announcement. The White House confirmed the tariffs will take effect immediately upon announcement. Agne Linge, Head of Growth at WeFi, cautioned that the growing link between digital and traditional markets amplifies crypto’s vulnerability to macroeconomic changes, especially when investors become risk-averse. “The recent downturn in the S&P 500, hitting a new low, serves as a strong signal that global markets are facing heightened uncertainty, which in turn is putting pressure on risk assets, including cryptocurrencies,” Linge noted in a statement. According to Linge, economic volatility indicators have surged past historical benchmarks, surpassing peaks from both the 2008 financial crisis and the early 2020 pandemic. “This surge in uncertainty highlights the growing concern about the stability of the global economy, particularly as inflationary pressures remain persistent,” Linge added. Trump’s tariffs are expected to fuel inflation, which could lead to higher interest rates. This environment might initially be unfavorable for Bitcoin, as investors seek safe assets. Bitcoin was trading above $84,000 at press time, per CoinGecko.