Bitcoin Halts Its Rally and Corrects

After six weeks of unstoppable gains, the Bitcoin price is consolidating above $107,000, as Trump's tariff rhetoric generates caution and investors take profits in a market still dominated by the king of cryptocurrencies.

The price of Bitcoin, the world's leading cryptocurrency, is experiencing a significant correction, although it managed to consolidate above $107,000. After six consecutive weeks of unstoppable growth, the bullish rally came to an abrupt halt following the resurgence of aggressive rhetoric from former US President Donald Trump. His recent announcements of possible tariffs on the European Union and companies like Apple and Samsung have generated nervousness, causing a pause in Bitcoin's rally. In recent weeks, Bitcoin has been performing remarkably as a safe-haven asset, especially following Moody's downgrade of the US debt rating, underscoring its growing role in times of economic uncertainty.

Despite the recent correction, the Bitcoin price remains in a clearly bullish market, trading above the 50- and 200-period exponential moving averages / TradingView

Fear and Greed Indicate a Technical Correction

The CMC Crypto Fear and Greed Index stood at 67 points, still within the greed zone, although it retreated from the previous 75 points. This decline suggests that the current correction is technical in nature, possibly driven by profit-taking by some investors following the prolonged rally. However, Bitcoin's market dominance remains high, standing at a robust 63%, well above Ether (ETH) and the rest of the altcoins. This indicator reaffirms the prevailing confidence in Bitcoin, while altcoins continue to bear the brunt in terms of performance.

Bitcoin Reigns: "Altcoin Season" Remains on Pause

Bitcoin's favorable season persists. The Altcoin Season Index Chart indicator fell back to 22 points, clearly indicating that Bitcoin is outperforming most altcoins, recording its best gains in the past 90 days. This reinforces the narrative that, for now, investors prefer the security and performance of the leading cryptocurrency over smaller-cap options.

Solid Support and Opportunities for Traders

Despite the recent correction, the Bitcoin price remains in a clearly bullish market, trading above the 50- and 200-period exponential moving averages. The cryptocurrency managed to hold above the $107,000 level, which now serves as key support. The overall trend remains solid and in an expansion zone. It is common for traders to take advantage of these dips in expansion zones to make new entries, seeking to capitalize on the continued uptrend. Thus, Bitcoin maintains significant gains of 14.54% so far in 2025 and an impressive 56.36% in the last 12 months, consolidating its position as one of the most profitable investments.

Disclaimer: The information provided in this news story is for informational purposes only and does not constitute financial advice. Investing in cryptocurrencies carries significant risks.