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In recent weeks, Bitcoin $86,314 has experienced sharp fluctuations between $84,600 and $91,280. The strategic reserve policy announced by President Trump and the $134 million outflow from ETFs have created a cautious environment in the markets. Long-term investors are selling, influenced by resistance levels in technical indicators and macroeconomic risks, prompting a shift towards short-term strategies.
Corporate Policies Impacting Bitcoin
Trump’s plan to include Bitcoin in the national reserve system is seen as a move that may trigger corporate purchases; however, the uncertainty remains due to the reserve being sourced from the open market. Market participants are questioning the potential effects of this policy on liquidity.
Technical analyses indicate that Bitcoin has struggled to exceed the $92,000 level. This suggests that selling pressure continues to persist. A liquidation of $382 million in long positions in derivatives supports the trend of risk aversion among investors.
Economic Risks and Investor Psychology
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