Analysts indicate that Bitcoin requires a weekly close above $85,000 to maintain upward momentum, as fears of a trade war continue to impact the market. A close below this threshold could lead to a downturn towards $76,000, as noted by Ryan Lee, a chief analyst at Bitget Research. He emphasized that a weekly close surpassing $85,000 is crucial for signaling strength in the market and a return to bullish trends, particularly with $87,000 marking a clearer confirmation of bullishness. Despite Bitcoin only rising 0.9% over the last week, there is hope from the recent relief rally after the FOMC meeting and lower CPI readings. Analysts like Enmanuel Cardozo encourage investors to focus on long-term accumulation trends, as data shows that long-term holders have significantly increased their Bitcoin holdings in recent weeks. However, Nicolai Sondergaard warns that ongoing market pressures, particularly from trade tensions, might continue until early April, which will influence Bitcoin's performance.

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