Bitcoin News: Trump’s New Tariff Plan Could Skyrocket Bitcoin to $100K! Find Out How

Bitcoin remains above $83,000, and investors are cautious because U.S. President Donald Trump plans to announce new tariffs. These expected massive tariffs will possibly intensify international trade disputes when they are announced on April 2, which in turn would increase crypto market volatility. Bitcoin maintains its position at $83,172 as the 24-hour price increase amounts to 1.8% while Ether and XRP show similar upward trends. The crypto market shows strong reactions to tariffs introduced by Trump because his previous policies resulted in major price corrections, leading investors and market sentiment to remain strongly influenced by his decisions.

Trump Tariff Announcement Sparks Uncertainty in Crypto Market

Trapped in confusion and seizures around the cryptocurrency market, all eyes are turned towards U.S. President Donald Trump’s “Liberation Day” tariff announcement on April 2. He will introduce a series of reciprocal tariffs to bring uniformity in duties that other countries put on American exports. It is said to address the so-called imbalance in trade and generate worries about the upsurge of trade tensions and retaliatory effects from the trading partners. Bitcoin is trading at $83,000 current price, and investors are cautiously positive concerning this wave of volatility. However, the tariffs will likely have adverse effects on traditional and crypto markets since they will raise consumers’ prices and, in effect, disrupt supply chains worldwide.

The broad tariff measures, warn analysts, will likely boomerang and injure businesses and consumers. Trump’s attitude has already created ripples around many of the financial markets, and as such, many investors are adopting a wait-and-see approach pending the details concerning the Trump tariffs’ forthcoming announcement. Traders will be following closely how the Trump tariff strategy will affect market dynamics and investor sentiments in the days ahead.

Bitcoin Price Prediction: Analyzing Future Trends Amid Market Volatility

In the 5-minute timeframe, the Bitcoin price action was consolidating at a very crucial level between strong support at $81,337 and resistance at $83,982, from March 31 to April 1. The chart portrays a breakout above the support zone, while the price is currently trading in the neighborhood of $83,210, thereby indicating a potential upside should the buyers maintain momentum.  The RSI indicates neutral momentum and is slightly bullish. Historically, extreme movements of the RSI below 30 have caused price rebounds, while readings above 70 have led to pullbacks. Such oscillation is a hallmark of Bitcoin’s range-bound behavior over the period in question. 

Chart 1, analysed by anushrivarshney2613, published on TradingView, April 1, 2025

The MACD indicator is sending mixed signals. A series of golden crosses have led to upward price moves; the death crosses have led to minor pullbacks. The MACD line is suggesting some moderate bullish momentum. Market participants should pay special attention to how Bitcoin interacts with the $83,982 resistance and $81,337 support levels. Should Bitcoin break above resistance, there will be greater upside targets. 

Crypto Market Volatility Amid Trump Tariffs 

Until further notice, short-term movements of Bitcoin are pertinent to the U.S. President Donald Trump’s tariffs, with analysts predicting an unpredictable crypto market leading up to April 2. A breakthrough at an entry point above $88,668 could relight the bullish momentum toward $100,000; however, falling short of that point may call for a retest at sub-$80,000 levels.

The Trump tariff uncertainty has intensively channeled risk-off sentiments, as with a historic spike in the U.S. Economic Policy Uncertainty Index (600), 80% higher than during the 2008 crisis, and nearly $327 million in crypto liquidations. Traders wait for different signs: Some are waiting to buy the dip; others want clearer signals first. Bitcoin price prediction models promote caution, balancing levels of technical resistance with the overall scenario in geopolitics and economics.