Bitcoin Price Battles Resistance at $85.5K — Is a $90K Breakout Coming?

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According to recent market data, Bitcoin price from April 2, 2025, is seen recovering from the recent market fluctuations. It has successfully crossed its price and has risen above $84,000. This price momentum counts the Bitcoin’s recovery from its first quarter decline.

However, it’s still uncertain whether it can break and pass the resistance level of $85,500 and reach its higher level of $90,000. Whereas Crypto investors and analysts are closely looking for signs of the next big trend in the crypto industry.

Bitcoin Price Struggles Near Key Resistance

According to recent data, Bitcoin is trading around $84,300 on April 2, which is 2% lower than its March opening, which was at the price of $84,430. In the past couple of days, Cryptocurrency has fluctuated between $81,629 and $ 85,487, which shows signs of resilience and hesitation

Bitcoin Price

Crypto analysts suggest that Bitcoin is struggling around the key resistance zone, which is between $85,500 and $85,850. BTC might rise of it break this range and could reach to $88,000 or even $90,000. But if it fails to maintain the current momentum, it might drop back to $83,500 or even to $82,000.

US Economic Factors and Their Impact on Bitcoin

One of the main reasons behind Bitcoin’s recent price change is the uncertainty of US economic policies. Investors are keeping close watch, as President Donald Trump is planning to introduce new trade tariffs. This economic impact has created mixed feelings in the financial market, with some investors seeing Bitcoin as a way of protection against economic instability.

Market analysts Nic Puckrin suggest that Bitcoin’s price might be affected by the upcoming tariff changes. He also warns that US might get close to recession because of trade disputes and economic concerns, this might affect the risk assets like BTC.

Bitcoin’s Movement Resembles 2017 Bull Run

Some analysts have compared Bitcoin’s current movement with its 2017 bull run. Back then, Bitcoin price was settled for months at around $4,000 before rising suddenly to around $20,000. BTC might have a big breakout if it happens again.

Bitcoin Price

The CEO of Coin Bureau said on X that the market feeling of today’s economy is quite similar to 2017, suggesting that BTC might be preparing for another big rally. Though, he warned that microeconomic factors like regulatory developments and institutional adoption, will have a big impact on Bitcoin’s future.

Investor Sentiment and Market Trends

A big sign that interest is rising in Bitcoin is the Coinbase BTC premium Index, which is positive for the first time in 2025. This shows that more investors are purchasing the coin, mostly as a protection against economic uncertainty. In the past, Coinbase’s rising premium has usually led to an increase in Bitcoin price.

Additionally, Reddit’s r/Cryptocurrency communities discussion shows mixed opinions. Some believe that Bitcoin is getting ready for a breakout, while other warns that the market is still unpredictable and is influenced by macroeconomic factors.

Conclusion

BTC is currently at a crucial point; if it breaks and moves about the level of $85,500, it might reach $90,000 but failure might cause a drop. Sentiments of investors are mixed, because of US economic uncertainty. Traders must watch market trends and news closely.