Bitcoin (BTC) reached a six-week high on April 22 as US trade war tensions fueled crypto bulls. Data from Cointelegraph Markets Pro and TradingView indicated BTC/USD trading above $91,000 after the Wall Street opening, marking its highest level since March 7. Bitcoin and gold saw gains due to escalating market concerns over how countries like China and Japan would react to US trade tariffs. XAU/USD hit record highs while BTC/USD encountered a crucial bull market support trend line that had been acting as resistance since early March. Traders eyed the 200-day simple moving average (SMA) at $88,370 as a key level to convert back to support on daily timeframes. The focus shifted to cracking the $93,000 area, Bitcoin’s yearly open, to confirm the moving average reclaim. Keith Alan, co-founder of Material Indicators, emphasized the importance of watching for trend confirmations, suggesting a move back to the yearly open could lead to a series of Golden Crosses. However, skepticism remained about the sustainability of the BTC price rebound. Traders like Roman cautioned about a breakout above $93,000 and urged waiting for a weekly close before making assumptions. Ecoinometrics also expressed uncertainty, pointing out historical trends where Bitcoin faced challenges when the Nasdaq 100 index was below its 200-day SMA. The article highlighted the need for readers to conduct their own research before making investment decisions, as all trading moves involve risks.