Over 85% Of Bitcoin Holders Still In Profit Despite Tariff-Driven Correction – Resilience On Display

Yesterday, Bitcoin and the broader crypto market experienced a sharp bounce from recent lows after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which remains under a steep 125% tariff. The news brought temporary relief to global markets, igniting a wave of buying across risk assets. Bitcoin surged alongside equities, which also saw a boost despite ongoing geopolitical tensions and fears of prolonged trade wars.

Volatility remains high across all financial sectors, with sharp price swings becoming the norm amid ongoing macroeconomic uncertainty. Still, Bitcoin’s resilience continues to stand out. According to data from IntoTheBlock, even at this week’s lowest levels, over 85% of Bitcoin holders remained in profit. This highlights the strength of long-term holders and investor conviction in BTC’s long-term value, even as the asset trades nearly 30% below its all-time high.

The combination of strong on-chain fundamentals and macro-driven volatility suggests Bitcoin may be entering a new consolidation phase. While risks remain, especially if broader market instability persists, Bitcoin’s ability to hold key levels and bounce on relief news underscores its growing role as a resilient asset in times of uncertainty.

Bitcoin Holds Strong After Sharp Correction: Key Resistance Ahead

After losing over 30% of its value when it dropped below $75,000, Bitcoin has shown surprising strength in the face of continued macroeconomic uncertainty. The recent bounce above the $80,000 mark has renewed hope among bulls, suggesting that the worst phase of the correction may be over. However, global tensions, US tariffs, and fears of an impending global recession continue to cast a shadow over financial markets.

President Trump’s announcement of a 90-day pause on reciprocal tariffs for all countries except China provided some relief, triggering a rebound across both equities and crypto. Yet, this relief might be temporary. Market sentiment remains fragile until a broader trade agreement with China is achieved, keeping risk levels elevated.

Bitcoin now faces a critical resistance zone around $88,700 on the daily chart. Reclaiming this level would likely confirm a more sustained recovery and could spark renewed bullish momentum.

Despite recent volatility, Bitcoin’s fundamentals remain strong. IntoTheBlock’s In/Out of the Money chart reveals that even during this week’s lows, over 85% of Bitcoin holders remained in profit. This highlights the asset’s resilience and long-term holder confidence, suggesting that BTC may be better positioned to weather macroeconomic storms than in previous cycles.

BTC Price Holds $80K But Resistance Looms At $83.5K

Bitcoin is trading at $81,600 after a sharp bullish surge on Tuesday, reclaiming the psychological $80K level that has acted as a critical support-turned-resistance throughout the recent correction. Holding above $80K is now essential for bulls to build momentum and attempt a broader recovery, but resistance is mounting just overhead.

The 4-hour 200-day moving average (MA) around $83,500 has emerged as a key level. BTC stalled at this technical barrier after its bounce, and bulls must break above it to confirm a short-term reversal. Since Bitcoin fell below the $100K milestone, this moving average has consistently rejected upward moves, signaling that sentiment remains cautious.

If bulls succeed in pushing above $83.5K with conviction, it would signal growing strength and open the door for a retest of the $87K–$88K zone. However, failure to break through—and especially a drop back below $80K—would likely trigger renewed panic selling. That could invalidate the bullish structure forming now and lead to a continuation of the broader downtrend that began in March. All eyes are now on whether BTC can flip $83.5K from resistance to support in the coming sessions.

Featured image from Dall-E, chart from TradingView