And because of that tariff getting paused, the market pumped and currently, it's above $80,000 already.
Well, it went to as high as $83,000, but currently dumping and its price is now at $81,000.

I looked at the charts, and on the 1H timeframe, it's above the 200 EMA already which shows some bullishness. Still though, we are far enough from saying that the market has reversed. On the other hand, this MIGHT be the catalyst that we need in order for the markets to move upwards. I mean 3 months is a long time for the market to recover, right? We just need 1 catalyst that could trigger the 2nd leg of the pump which pushes the price to go higher than the previous ATH.

Now we will be seeing a trade war between US and China. Let's see who will benefit from this (if there will be).