Bitcoin is currently encountering one of its longest low-price streaks to date. The Bitcoin fear and greed index has now hit a new low of 8, predicting extreme fear in the market. At the same time, BTC is also combating geopolitical uncertainties and macro developments hounding the token, restricting its flight to $80K and above. What’s ahead of BTC as unclear market momentum takes hold of the domain?

Also Read:Bitcoin (BTC) & Ethereum (ETH) Price: What the Next Move Looks Like?

Bitcoin is currently hanging by a thread, a shallow one on top, as it continues to hold on to the $60K support. BTC is trading at $63K at press time, hinting at a further downfall as Trump’s new tariff announcements take hold of the market. With the risk sentiment mode off, the markets have now adopted a cautious stance, making it harder for Bitcoin to rise above the radar.

“BREAKING: Bitcoin drops below $65,000 after Trump announces tariff hike from 10% to 15%. BTC is down ~5% in 24H to ~$64,290.. $461.74M Liquidated | 134,764 Traders Rekt (93% Longs)$193M in $BTC Liquidations in Just 4 Hours. Largest Single Liquidation: $61.51M on HTX (BTC-USDT). Macro Headwinds + Tariff FUD = Full Risk-Off. Overleveraged Longs Getting Destroyed. Stay Sharp. Manage Your Risk.”

BREAKING: Bitcoin drops below $65,000 after Trump announces tariff hike from 10% → 15%BTC down ~5% in 24H to ~$64,290$461.74M Liquidated | 134,764 Traders Rekt (93% Longs)$193M$BTCLiquidations in Just 4 HoursLargest Single Liquidation: $61.51M on HTX (BTC-USDT)Macro…pic.twitter.com/Z36CVI3Dlu

With the risk sentiment off, investors have lately been centering their energy towards gold, making it the largest global asset in the world. That being said, gold has reclaimed its $5200 mark, steadily moving forward as a leading safe haven asset.

Gold has now overtaken the US Dollar as the world's top reserve asset.pic.twitter.com/B6WUUnEQUa

Bitcoin, on the other hand, is fighting as analysts pile in to predict its next move. Major financial expert Rashad Hajiyev had earlier predicted how BTC is inching towards hitting $50K, as precious metals continue to rally hard as geopolitical uncertainties continue to support their moves.

“Bitcoin is trading in a contracting triangle, which is a continuation pattern. I expect Bitcoin to pause and consolidate next around $50k and eventually find a bottom around $30k towards the 4th quarter of 2026…”

Bitcoin is trading in a contracting triangle, which is a continuation pattern. I expect Bitcoin to to pause and consolidate next around $50k and eventually find a bottom around $30k towards 4th quarter of 2026…pic.twitter.com/PQRb5JSt1q

Source: Watcher Guru