Bitcoin price approached the level of 81 thousand dollars again after increasing economic pressures in global markets and US President Donald Trump’s official visit to China. Recently, as US inflation exceeded expectations, Bitcoin fell below 80 thousand dollars for a short time. However, with the buyers stepping in at this level, the price stabilized between 80 thousand 700 and 81 thousand dollars. In particular, the range between 79 thousand and 81 thousand 200 dollars stands out as a band that investors watch closely.
Market reaction to Trump and Chinese President meeting
Attention in the markets focused on the bilateral meeting between Trump and Chinese President Xi Jinping in Beijing. The meeting, which lasted approximately two hours, is of historical importance as it is the first visit of a US president to China in the last decade. Although the two leaders described the meeting as constructive, differences of opinion continue on topics such as Taiwan and access to technology.
The US delegation also included leading names from the technology and automotive industry. Tesla’s CEO Elon Musk, Apple’s CEO Tim Cook and Nvidia’s CEO Jensen Huang accompanied Trump at the meeting. While the US side demanded greater access for American companies in the Chinese market, the possibility of China placing high orders for US-made products was discussed. The White House noted that trade and security were among the main topics of the meeting.
Trade dispute and Taiwan tensions remain decisive
The continuation of the trade ceasefire reached in October 2025 was also discussed during the talks. The extension of the ceasefire in question is closely related to global growth expectations and investor behavior. On the other hand, the Taiwan issue remains sensitive for both parties. Chinese President Xi Jinping was reported to have emphasized that Taiwan is a “red line”. The USA officially stated that there was no change in its policy towards Taiwan.
The White House stated in its official statement that the meeting progressed on the axis of trade and security.
Bitcoin price and technical outlook
Accompanied by all these developments, Bitcoin recovered in a short time despite the fluctuations in global macro indicators. Consumer price index in the USA on an annual basis is 3.8 percent; The producer price index was announced as 6 percent annually. High inflation has raised the markets’ expectation of an interest rate cut from the US Federal Reserve in the near term. However, Bitcoin’s decline below 80 thousand dollars was short-lived and the recovery accelerated. According to CryptoAppsy data, Bitcoin price traded between 80 thousand 700 and 81 thousand dollars.
From a technical perspective, the $80,000 level stands out as a psychological support, while the 50 percent retracement level around $78,962 also serves as an important base. Some investors point out that the lower limit of the channel in which Bitcoin has been moving upward since April 9 corresponds to $ 79 thousand. With the jumps in recent weeks, it has been seen that this support line is working. If the $79,000 level is maintained, the movement is expected to head towards the channel upper band, $86,000.
On the other hand, the 200-day exponential moving average is forming a strong resistance between $82,037 and $82,400. Experienced investor Peter Brandt said that there is no clear signal that a permanent bottom has formed in Bitcoin; It states that the movement in a wide correction channel continues.
In the liquidation data, short position clusters concentrated between 82 thousand and 88 thousand dollars attract attention. A break above the 200-day average may accelerate short position closings, especially if there is positive news from the China summit or progress towards the CLARITY Act.
In global markets, US-Iran tensions and events in the Strait of Hormuz also keep energy prices high. The White House and China stated that they agreed on the need to keep the strait open and prevent military escalation in the region. Xi Jinping, on the other hand, has shown interest in purchasing more oil from the United States. Depending on the course of such geopolitical headlines, volatility in the crypto markets is expected to continue.
