Bitcoin Briefly Hits $88,000: What's Next?

Bitcoin BTC/USD briefly tapped $88,000 in Monday trading, eliciting bullish calls from traders that cite a strong high-timeframe structure and improving macro backdrop.

What Happened: Crypto trader Astronomer flagged the move as significant, calling $88,000 a key target from his original bottom thesis.

Despite hitting this milestone, he has not opened short positions, citing a lack of meaningful sell walls, ongoing order book strength and continued whale-led accumulation.

Astronomer says the only short trigger would be a sweep of $88,700, signs of whale distribution and local top signals.

He expects any potential reversal to appear by Tuesday or Wednesday, ideally confirmed with a bearish weekly close. Until then, he's riding spot longs and is open to reloading at midrange levels.

Also Read: How Traders Can Make Money When Bitcoin Trades Sideways: 10x Research

Why It Matters: Another trader, Nachi, shared that he entered BTC at $80,000 and Solana at $110, following President Trump's recent announcement of a 90-day pause on tariffs, a move he interprets as a sign that peak hawkishness may have passed.

Nachi maintains a bullish thesis, backed by the BTC/gold ratio holding strong, high-timeframe bullish structure, early signs of Bitcoin decoupling from equities, a weaker dollar amid fragile macro conditions and renewed central bank liquidity injection.

What's Next: Nachi's base case is that Summer 2025 (April–August) could be the most bullish stretch, marking a pivot from maximum bearishness to easing macro trends.

Rate cuts, stimulus measures, and softer trade policy could further fuel upside.

He notes one caveat: if Trump reverses his tariff stance by June, the bullish macro narrative could stall, but until then, the trend looks up.

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• Bitcoin Catapults To $87,000: What Is Going On?

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