The Global Economy Board shakes again. China announced on April 11, in a new chapter in its commercial dispute with Washington, increasing tariffs on US imports, from 84% to 125% starting tomorrow.
Meanwhile, these turbulent sensitive Bitcoin (BTC) have exceeded $82,000 after committing to recover the land and stop escalating tariffs. Is this the end of the battle or is it just a pause?
The China Customs Commission spoke today on April 11th. New tariffs in effect since April 12, 2025 are in response to US measures.
China’s Ministry of Finance pointed out in a statement American products face a market that is barely intrusive due to current rates. “If the US is imposing more tariffs, China will ignore them,” he said.
China’s Commerce Department criticized Washington. According to his statement, excessive tariffs in the United States lack the true economic impact and function as a coercive tool.
“It became a joke,” the creature said. Accuses the White House of violating international commercial norms and destabilizing the global economy.
Trump’s reaction and context
As reported by Cryptonoths, the Chinese government’s decision arrived after the April 8 announcement of US President Donald Trump, who imposed an additional 50% tariff on Chinese products.
The measure, which was applied the next day, responded to the 34% tariff that Beijing had previously established on US products. But on Wednesday, Trump went into order: Suspended Mutual Tariffs.
Since arriving at the presidency, Trump has defended tariffs as a way to strengthen local industries and renegotiate trade deals. Nevertheless, These policies increase product costs and create market uncertaintycan even affect active as Bitcoin.
Deadpoints of escalation
Analysts see signs of fatigue in this struggle. “This phase of the tariff attack has reached dead center,” said Joseph Gregory Mahony, a professor of international relations at the regular university at Shanghai East University.
In line with the same policy, said Zhiwei Zhang, president of PinPoint Asset Management. Both countries have made it clear that it is pointless to continue uploading tariffs. “This is the end of the bilateral climb,” he said.
Despite this obvious ceasefire, Chan warned that the next step would be to assess the impact on both countries’ economies. For now, There are no indications of negotiations to avoid disruption in the global supply chain that maintains uncertainty.
Bitcoin breathes, but be careful
Amid this upset, Bitcoin reflects the impact of commercial decisions. This week, the currency fell to its lowest level of $74,000 in four months, marking a 32% revision since its peak at $109,300 in January.
However, Trump’s partial suspension of tariffs The brake recognition of escalation has accelerated its recovery, reaching $82,000.
Cryptoquant, on-chain analysis company, He highlighted two important levels to observe at BTC prices: 84,000 and 96,000.. These levels are important. Because he points out that in the past (“at the start of this cycle”), they acted as support.
Support is a price level in which demand is strong enough to prevent prices from falling further. In other words, when Bitcoin reached those levels, buyers held the price and took action.
but, As Bitcoin is rising again, these levels can be a resistance. Resistance is the level at which sales pressure can reverse demand, braking, or price increases.
This is because investors who have purchased near those levels in the past They may want to sell to recover or earn profits.creates a barrier to keep prices rising.
However, Cryptoquant warns that once Bitcoin’s “impulse” fades, these levels ($84,000 and $96,000) can confirm their role as resistance. This means that Bitcoin is difficult to overcome those prices and could potentially stagnate or return if there is no adequate right to buy Break those barriers.
China’s announcement and the escalated signs of the US draw complex scenarios. Markets that include Bitcoin respond with peace of mind, but the lack of concrete dialogue between Washington and Beijing suggests that stability may be temporary.
(tagstotranslate)Bitcoin (BTC)
