On April 8th, BlackRock's CEO stated that most entrepreneurs believe the US economy has "likely fallen into recession". Trump administration's reciprocal tariff policy will put upward pressure on inflation and may hinder the Federal Reserve's interest rate cuts. Fink even predicts that the market may drop by up to 20% in the coming months, although he believes current levels might be a "long-term buying opportunity".
Bitunix analysts suggest: The pessimistic economic outlook from most investment banks, coupled with upcoming high tariffs, is driving market risk-averse sentiment. Despite increased macroeconomic risks, BTC has rebounded after stabilizing at the 75K level, indicating some capital inflow. If it can hold at 78.5K, it may further test the 83K resistance; if it fails, it could retrace to the 74K-73K range.
