Bitcoin (BTC) experienced a relief rally as US stocks rebounded, with the price retaking $80,000 amid global market turbulence. Data from Cointelegraph Markets Pro and TradingView highlighted $80,000 as a key level for BTC/USD after hitting five-month lows. The fallout from US trade tariffs impacted Asian markets, but reports of a potential 90-day tariff pause helped US futures markets recover, avoiding a 1987-style market crash. Despite this, the S&P 500 still entered bear market territory, down more than 20% from its all-time highs. QCP Capital noted the remarkable international engagement over tariffs but warned of ongoing market volatility. The FedWatch Tool indicated shifting expectations for interest rate cuts by the Federal Reserve, with the June meeting favored as a deadline. Bitcoin aimed to establish support around the mid-$70,000 range, close to old all-time highs. Glassnode’s analytics revealed support levels around $74,000 and $69,000, considered a reliable long-term support zone. This article provides market insights and does not offer investment advice. Investors are advised to conduct their own research before making decisions.