A key momentum indicator for Bitcoin (BTC), the moving average convergence divergence (MACD) histogram, has turned negative, indicating a potential bearish shift. This development coincides with President Trump's renewed tariff rhetoric, which raises concerns about market stability. Although the MACD signal might worry some traders, BTC's price action hasn't validated this bearish trend yet, remaining stable within a range of $90K to $100K. Trump's plans for imposing 25% tariffs on steel and aluminum imports, along with possible tariffs on other goods, could exacerbate market volatility. The latest consumer sentiment surveys suggest that inflation expectations are rising, further complicating the economic outlook. The upcoming U.S. CPI data release on February 12 may provide further insights into inflation trends. Currently, a break below the $90,000 support level could affirm the negative MACD signal, signaling a stronger bearish momentum. Traders are advised to monitor both technical indicators and macroeconomic factors as they navigate the Bitcoin market.

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