<ul><li>Bitcoin price rallied to a session high at $88,500, with gains potentially capped at a multimonth overhead resistance aligned with the 50-day moving average.</li><li>Israel, Mexico, and India rolled back tariffs or suggested they won't retaliate against US tariffs, providing positive news for Bitcoin.</li><li>Bitcoin is trading slightly below a 3-month descending trendline resistance that has previously acted as a rejection point for the price during rallies.</li><li>Recent rallies in Bitcoin have shown increased buying from companies like Strategy and others, indicating a potential shift from bearish to bullish market structure.</li></ul>

Bitcoin price rally to $88.5K obliterates bears as spot volumes soar — Will a tariff war stop the party?

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