Despite 90-Day Tariff Pause, Bitcoin Faces Uncertainty

Despite Bitcoin climbing back above $80,000 following the U.S. administration’s 90-day pause on new tariffs, leading analytics firm Swissblock believes the market has yet to confirm a true bottom.

Despite Bitcoin (BTC) reclaiming the $80,000 level following the U.S. administration’s 90-day pause on new tariffs, leading analytics firm Swissblock says the market has yet to confirm a true bottom.

In a post on X, Swissblock cautioned that recent gains in BTC don’t necessarily signal a clear breakout.

“Don’t let your guard down yet! The 90-day trade war extension eases tensions, but we’re not out of the woods,” the firm warned.

Bitcoin recently slid back into the $78,000–$79,000 range and has now risen above $80,000, but Swissblock says the rally lacks the strength and volume for a confirmed trend reversal.

Bitcoin Risk Signal Still Flashing Caution

Swissblock’s proprietary Bitcoin Risk Signal—a composite indicator that tracks price behavior, on-chain metrics, and broader trading conditions—shows that while risks are manageable, they remain elevated.

“Market risk must ease for a true bottom. It’s under control but still high. We are not yet in a low-risk regime,” Swissblock explained.

Credit: Swissblock

Bitcoin Bottom Formation Still in Progress

According to Swissblock, Bitcoin remains in a classic “bottoming cycle,” transitioning from a bottom through a downtrend phase before moving into uncharted bullish territory.

“We’re in a downtrend phase, which is normal. The bottom is close, but not confirmed,” they said, adding that price action still suggests caution.

Key Level to Watch: $80,000

For Bitcoin to validate a bullish shift, it must maintain support above $80,000 and consolidate with strong volume, in the opinion of Swissblock.

“Bitcoin must hold $80,000 and consolidate to break the downward compression. Strength and volume are key for a bullish shift,” the firm said.

As global markets remain on edge and macroeconomic uncertainty lingers, analysts and investors will be watching closely to see if BTC can convert this rebound into a full-scale reversal.