Bitcoin Cross is close to the continuation of the golden safe haven

Bitcoin bounced again in the past few days, but the emerging risk pattern indicates a possible reflection in the short term.

Bitcoin (BTCIt rose to 85,630 dollars on April 15, its highest level in nearly two weeks and 15.2 % higher than the lowest monthly level.

The continuous recovery occurred yet Donald Trump eased his position On definitions. Initially issued a 90 -day stand on the definitions of more than 70 countries.

During the weekend, the Trump administration added that some electronics and semi -conductors will be exempted from these fees. In his latest statement, Trump also pledged to support car manufacturers that transmit the continuous tariff crisis.

This advertisement contributed to more gains in the stock market, as the futures contracts were linked to the S&P 500, Dow Jones and Nasdaq 100.

Bitcoin price faces a potential risk of death

While Bitcoin’s encouraging recovery, it is now facing the risk of forming a death cross-a declining technical pattern that occurs when the moving average crosses for 50 days from the moving average for 200 days.

The gap between these two averages narrowed to only 472 points, indicating a possible intersection. If this happens, Bitcoin can resume its landmark and possibly re -test this month of $ 74500 – about 13 % less than the current levels.

On the other hand, the penetration above both the moving averages would nullify the death cross and refer to more upward trend, which may push BTC towards the psychological level of $ 90,000.

In addition to the risk, the S&P 500 is also a death cross, a sign historically indicating more of the downside. The last time this happened in 2022, when the index decreased by 17 %.

Since Bitcoin and stocks are risk assets, the hole in the stock market can weigh more on the Bitcoin price.

Gold maintains its edge as a safe haven

Meanwhile, gold continues to perform well as investors search for safe assets. The precious metal increased by more than 20 % this year, reaching a record level of $ 3,245. Goldman Sachs recently raised the goal of gold to $ 3700.

This gathering was fed with a strong request from central banks, retailers and institutions. Countries such as India, Turkey, Russia and China continued to accumulate gold throughout 2024.

Likewise, the investment funds traded at the top of gold, such as GLD and IAU, have also attracted more retail and institutions. Therefore, there are signs that investors prefer gold for American stocks, bonds and bitcoin for their safety. Swiss franc It has also become a safe haven as it has risen to the highest point in more than a decade.