Crypto Market Faces 70% Chance of Bottoming Out by June Amid Tariff Uncertainty

The cryptocurrency market is expected to reach its lowest point within the next two months, with the exact timing dependent on the outcome of global tariff negotiations. According to Aurelie Barthere, principal research analyst at the Nansen crypto intelligence platform, there is a 70% chance that crypto prices will bottom out between now and June. This prediction comes amidst growing trade fears, which have sparked volatility and macroeconomic uncertainty.

US President Donald Trump is set to detail on April 2 his reciprocal import tariffs, measures aimed at reducing the country’s estimated trade deficit of $1.2 trillion in goods and boosting domestic manufacturing. While global markets took a hit from the first tariff announcement, the upcoming discussions will serve as crucial market indicators.

Both traditional and cryptocurrency markets continue to lack upside momentum ahead of the US tariff announcement. Investors are currently in “wait and see mode” and are hesitant to take on large positions as markets lack direction. The Crypto Fear & Greed Index remained above the “extreme fear” mark for a third consecutive session, which suggests a marginal improvement despite continued caution.

Bitcoin continues to consolidate within the $82,000 – $85,000 range after experiencing a period of directional recalibration in Q1. The asset is navigating this zone with key support at $82,000 and upside potential toward $86,500 and $90,000 if broader sentiment stabilizes. Other traders are awaiting a Bitcoin breakout above $84,500 as a signal for more upside momentum amid the ongoing tariff uncertainty.

According to the analyst's forecast, once the toughest part of the negotiation is behind us, there will be a cleaner opportunity for crypto and risk assets to finally mark a bottom. The tone of the global tariff negotiations will play a crucial role in determining when the crypto market will find its bottom. The current environment of trade tensions and fluctuating market dynamics is prompting investors to reassess their crypto strategies, with a focus on safer investments.