If Bitcoin fails to hold above $85,000, it will increase the chance of a liquidity grab below the price range lows as traders expect Trump tariff volatility.
Bitcoin (BTC) is up 16% from the four-month low of $76,600 to reach $88,700 on March 24. The price has since hovered around $85,000 on April 2.
The latest rejection from the $85,500 resistance level raises questions about whether BTC price could drop further over the next few days.
BTC/USD daily chart. Source: Cointelegraph/TradingView
