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Can Bitcoin break 94,700? Tariff policies will disrupt this week's costs
【Crypto World】Analysts from the on-chain data analysis platform Glassnode recently pointed out a critical technical level: Bitcoin must break through the $94,700 mark. Once the daily closing price stabilizes above this level, the possibility of challenging new all-time highs will significantly increase.
However, recent market volatility is also closely related to another factor. U.S. tariff policies have become the focus this week—according to analysis, the probability that these tariffs are deemed unconstitutional has exceeded 70%. While the final outcome depends on how the constitutional violation is specifically defined, in any case, this policy uncertainty is enough to trigger intense market sentiment fluctuations around this Friday. So, crypto traders should keep a close eye on the market, paying attention not only to Bitcoin’s technical performance but also to the latest developments in policy updates.