Bitcoin (BTC) continues in a moment of uncertainty, trying to recover after days of intense volatility. The market still feels the effects of mass liquidations and regulatory changes that impact investors’ feeling.

With the price oscillating below $ 100,000, traders assess whether this recovery will have the strength to break key resistance or if new falls can occur.

Impact of global events still influence BTC

Recently, the cryptocurrency market has suffered a massive settlement of $ 2 billion, due to the announcement of new tariffs by the United States on imports from Mexico, Canada and China. Bitcoin fell 7.5%, reaching $ 91,969, while other cryptocurrencies, such as Ether, also recorded significant falls.

In addition, Bitcoin was no longer legal currency in El Salvador from January 31, after a legal reform to meet the requirements of the International Monetary Fund (IMF). This change may have implications for the adoption and perception of cryptocurrency global.

BTC support at US $ 97 thousand

Currently, the price of Bitcoin is US $ 98,634, with a variation of +0.53% over the previous closure. The maximum intraordinary value was $ 99,106, while the minimum reached $ 96,148.

In the 4 -hour chart, Bitcoin presents the following critical points:

• Resistance: US $ 99,500
• Support: US $ 97 thousand

The Relative Strength Index (RSI) is a technical indicator that measures the speed and change of price movements. It varies from 0 to 100, and values ​​above 70 indicate overcomparance and below 30, overwheliness. Currently, the Bitcoin RSI is 44.44, suggesting a neutral condition, with no clear signs of overcomparance or over -turn.

Future Perspectives: What to expect from Bitcoin?

The recent volatility highlights Bitcoin’s sensitivity to macroeconomic events and political decisions. Investors should closely monitor global commercial tensions and technical levels mentioned to make informed decisions.