Bitcoin reached $86,000 on April 13, marking an eleven-day high, as traders reacted to President Trump's tariff relief on China. The crypto market's response to U.S. financial policy changes has fueled a relief rally, but Bitcoin fell back below $84,000 amid lower liquidity over the weekend, increasing price volatility. Analysts expressed caution, noting low trading volume and overbought conditions. Key indicators include the 200-day exponential moving average at $85,000, with analysts monitoring for a breakout confirmation that could challenge the long-term downtrend since late 2024. Notably, some traders highlighted bullish signals in Bitcoin's relative strength index (RSI), suggesting potential reversals, yet acknowledging the need for successful retests of previous breakout attempts. Overall, market sentiment remains cautious as investors await further developments and macroeconomic news, including U.S. tech earnings.

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