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The Bitcoin price edged up over 1% in the last 24 hours to trade at $85,525 as of 1:08 a.m. EST, with trading volume plunging 41% to $43.7 billion.
This slight increase in the BTC price comes as President Trump’s administration says it may buy Bitcoin using tariff revenue. By doing this, the US could add BTC to its reserves without borrowing more money or raising taxes.
💥BREAKING:
TRUMP ADMINISTRATION SAYS U.S. MAY BUY BITCOIN USING TARIFF REVENUE
MEGA BULLISH 🔥 pic.twitter.com/OLrr9TYG8s
— Crypto Rover (@rovercrc) April 15, 2025
Last month, Trump signed an executive order to create a strategic reserve using the crypto seized by the government.
With ongoing tariff tensions and the market turmoil, investors have now got a ray of hope with the potential plans to use tariff revenue to buy more BTC.
BTC Price At A Make-Or-Break Level, Testing Key Resistance
The BTC price on the daily chart reveals a complex but telling structure of market dynamics over the past several months.
The Bitcoin price formed a rounding top pattern, which culminated in a significant decline. It broke below the 50-day Simple Moving Average (SMA) and flirted with the 200-day SMA.
Recently, the price of BTC rebounded from its lows, climbing back toward resistance in the $85,000–$87,000 range, according to GeckoTerminal data.
Meanwhile, the Relative Strength Index (RSI) stands at 53.88, sitting just above the neutral 50 line. This positioning indicates moderate bullish momentum but not enough yet to confirm an overbought or breakout condition.
The MACD (Moving Average Convergence Divergence) is beginning to show a bullish crossover, with the blue MACD line rising toward the orange signal line and histogram bars turning green.
BTC Price Prediction – $100K Or $63K On The Horizon?
If the BTC price can maintain its position above the 50-day SMA and decisively break above the 200-day SMA ($87,402), a move toward the psychological $100,000 level seems likely.
This would continue the recovery rally and validate the recent bullish divergence in momentum indicators. In this scenario, the Bitcoin price could rise by approximately 16.5%.
Should the 200-day SMA hold as resistance and bearish pressure increase, a deeper correction toward the Fair Value Gap (FVG) zone around $63,000 remains realistic.
This move would allow the market to “fill” the inefficiency and potentially reset for a more sustainable rally.
Meanwhile, crypto investors are enthusiastically turning to BTC Bull Token (BTCBULL), a promising Bitcoin-themed meme coin.
Popular crypto YouTube channel 99Bitcoins, which boasts over 725K subscribers, predicts 10X gains for BTCBULL holders after the token launches.
Bitcoin Bull Token Smashes $4.6M – Best Crypto To Buy?
Unlike typical meme coins, BTCBULL rewards holders with free Bitcoin through scheduled BTC airdrops triggered by the crypto market leader’s rising price.
The first BTC reward activates when Bitcoin reaches $150,000, with subsequent airdrops every additional $50,000 increase. Furthermore, a significant bonus awaits dedicated holders when Bitcoin hits the $250,000 mark for the first time.
The excitement around BTCBULL doesn’t stop there. To enhance scarcity and mimic Bitcoin’s limited supply, the project will conduct periodic token burns, beginning when Bitcoin reaches the $125,000 milestone and continuing every $25,000 thereafter.
This mechanism reduces BTCBULL’s supply, potentially creating powerful upward price momentum.
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
Investor confidence is already evident, as BTCBULL’s presale has swiftly amassed over $4.68 million.
You can purchase tokens for $0.00246 via BNB, ETH, USDT, or bank card and stake them for an impressive 88% annual yield.
With bullish expert endorsements and strong investor interest, BTCBULL’s launch looks set to ignite the crypto community.
Interested investors will want to buy before the next presale price increase in less than 1 hour to lock in the best deal.
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