Bitcoin Shows Strength Against Altcoins as Price Consolidates in Key Range

Bitcoin and the crypto market experienced significant volatility, dropping over 9% to a low of $91,530 due to fears of a U.S. trade war. The price rebounded by more than 12% following news of tariff negotiations involving President Trump.

Key points include:

Analyst Daan emphasized Bitcoin's resilience, noting it remains stronger than other assets and shows a solid uptrend.
Current trading range for BTC is between $90K support and an all-time high (ATH) of $109K.
Strong institutional interest and accumulation among large holders contribute to Bitcoin's dominance.
Bitcoin is currently testing crucial liquidity below $100K, trading at $99,400.
To confirm short-term strength, BTC must reclaim and hold above the $100K mark and the key resistance level of $103,600 for bullish momentum.

The outcome of these levels will determine Bitcoin’s ability to maintain its position or face further volatility.