Price Prediction

Bitcoin Price Prediction, April 2:  BTC at $85k–Tariffs Could Push It to $90k or Bust

Bitcoin’s sitting at $85,000, and everyone’s holding their breath for Trump’s “Liberation Day” tariffs on April 3rd and 4th. It’s up 2.6% in the last day, but the vibe’s tense. 

Nic Puckrin from The Coin Bureau says it just closed a weekend gap between $83,000 and $84,000. Still, it’s below the 200-day average. Liquidations are quiet at under $250 million. Feels like something’s gotta give soon.

$9.41 Billion in Shorts Could Get Smoked

Short sellers are sweating. If Bitcoin price predicitons hits $90,000, $9.41 billion in short positions could vanish. They’ve stacked up between $80,000 and $90,000. A week back, $87,000 wiped out $77 million of those bets. 

Puckrin’s eyeing $88,000 as the next big spot if it breaks out. But he says volume’s gotta pick up to keep it rolling. If shorts start scrambling, watch out—prices could fly.

It’s Not Just Tariffs Messing with Bitcoin

Tariffs get the blame, but Bitcoin’s had issues for a while. Before Trump’s 10% China tariff drop on January 21, it couldn’t crack $100,000. ETF cash—$2.75 billion in three weeks—kept flowing, though. 

That “Bitcoin stockpile” promise? Total letdown. Jobs are drying up too—February hit a four-year low. Inflation’s chill, so folks are eyeing stocks and houses instead. Rough times for risk-takers.

$79,000 Drop or $90,000 Jump? Flip a Coin

Could go either way. Puckrin says the long-short split’s dead even. Harsh tariffs might tank it to $79,000—or $73,000 if people freak out. Volume’s low, and the Fear & Greed Index is stuck on scared. Could mean we’re near the bottom. 

James Butterfill from CoinShares thinks tariffs hurt now but help later when the economy stumbles. Puckrin’s betting on a breakout if tariffs lighten up. For now, it’s a waiting game.