Bitcoin's Rollercoaster Ride: Tariffs, Trends, and Treasure

Bitcoin is having a rough start to the week. Trade tensions are heating up, and the price is feeling the heat. It dipped below $92, 000, but traders say this might just be the beginning of a bigger drop. They're keeping an eye on key support levels, like $87, 000 and $80, 500. If Bitcoin can't hold onto these levels, it could be in for a bumpy ride. The trade war between the US and the EU is back in the spotlight. The US is planning to slap tariffs on several European countries. This has sent shockwaves through the market, and Bitcoin is no exception. Traders are bracing themselves for a volatile week ahead. The US Martin Luther King, Jr. holiday means the full impact won't be felt until Tuesday, but the markets are already reacting. Gold and silver are shining bright, though. They've hit new all-time highs, while Bitcoin is still playing catch-up. Some experts believe that Bitcoin will follow suit, but only time will tell. The roadmap for the trade debacle is uncertain, and the markets are feeling the strain.Beyond tariffs, there's more to worry about. The US macroeconomic data is due for release, and the Fed's rate cuts are fading into the background. The Personal Consumption Expenditures (PCE) index for November is set to be released on Thursday. This, along with ongoing initial jobless claims and the first revision of Q3 GDP data, will give traders a clearer picture of the economic landscape. Bitcoin's price action is giving analysts reason to be optimistic. Buyers are steadily regaining control of the market trajectory. This new "structurally healthy" uptrend is a welcome change from most of Q4 2025, where downside persisted. Overall open interest (OI) on derivatives has dropped by nearly 17. 5% since October's all-time highs. If this trend continues, it could support a continuation of the bullish momentum.