Despite Bitcoin climbing back above $80,000 following the U.S. administration’s 90-day pause on new tariffs, leading analytics firm Swissblock believes the market has yet to confirm a true bottom.
In a post on X, Swissblock cautioned that recent gains in BTC don’t necessarily signal a clear breakout. “Don’t let your guard down yet! The 90-day trade war extension eases tensions, but we’re not out of the woods,” the firm warned.
Bitcoin recently reclaimed the $78,000–$79,000 range and is now trading above $80,000, but Swissblock insists that the rally lacks the strength and volume necessary for a confirmed trend reversal.
Bitcoin Risk Signal Still Flashing Caution
Swissblock’s proprietary Bitcoin Risk Signal—a composite indicator that tracks price behavior, on-chain metrics, and broader trading conditions—shows that while risks are manageable, they remain elevated.
“Market risk must ease for a true bottom,” Swissblock explained. “It’s under control but still high. We are not yet in a low-risk regime.”
Bottom Formation Still in Progress
According to Swissblock, Bitcoin remains in a classic “bottoming cycle,” characterized by a transition from a bottom through a downtrend phase before moving into uncharted bullish territory.
“We’re in a downtrend phase, which is normal. The bottom is close, but not confirmed,” they said, noting that price action still suggests caution.
Key Level to Watch: $80,000
Swissblock believes that for Bitcoin to validate a bullish shift, it must maintain support above $80,000 and consolidate with strong volume.
“Bitcoin must hold $80,000 and consolidate to break the downward compression. Strength and volume are key for a bullish shift,” the firm emphasized.
As global markets remain on edge and macroeconomic uncertainty lingers, analysts and investors alike are watching closely to see if BTC can turn this rebound into a full-scale reversal.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-faces-uncertainty-despite-90-day-tariff-pause-says-swissblock/