Investors have been on a rollercoaster ride since Trump assumed office, with expectations swelling as institutional acceptance grew exponentially. Nevertheless, ongoing concerns about tariffs sparking a global trade war and escalating tensions with Iran potentially leading to a nuclear conflict have transformed what was anticipated to be a banner year for cryptocurrency into a nightmare. As we grapple with these uncertainties, investors wonder whether this is the right time to sell and repurchase at lower levels.
Reducing Costs in Cryptocurrency
Investors familiar with previous market cycles have routinely monitored the Bitcoin (BTC) 
$91,967 pair, aiming to increase their altcoin holdings against BTC values. Historically, such strategies allowed them to seize short-term opportunities when BTC peaked, exchanging it for USD. However, most altcoins have now steeply declined to historical lows against BTC.
The ETHBTC pair has been on a downward trend for a thousand days, and despite the optimism for a rapid recovery to $3,000, recent missile-related events caused an unexpected setback last week.
This week, eyes are on whether tensions between Iran and Israel escalate further. Although weekend attacks have ceased, exchanges of missile fire continue, and if tensions do not deescalate, the already challenging environment for cryptocurrencies could worsen significantly.
Roman, known for his cautious assessments, recently questioned the market’s dynamics, reflecting on why BTC hadn’t significantly broken past all-time highs. He recalled how, in 2021, major companies and even countries had embraced BTC standards, ETH, and various altcoins, only for prices to peak and then plummet by 75%.
Bitcoin (BTC)
As the article was prepared, the BTC price was drifting away from Jelle’s support point. While Bitcoin approaches the $104,000 base, concerns about sub-$105,000 liquidations persist, posing a risk to momentum. Another painful day unfolds for altcoins as Jelle shared a projection chart a couple of hours ago, outlining his expectations.
Bitcoin maintains its local support, transitioning from previous all-time high resistance points to critical support levels. Unlike rapid, structure-less surges, more sustainable movement seems achievable. Ready for new records?
An explanation: The right-side chart shows volume profiles not by time-specific candlesticks but by price areas, highlighting frequent transaction zones to help identify support and resistance. Here, significant trading between $100k and $105k means this range might be vigorously defended again, giving confidence in this support zone.
