#TrumpTariffs
Technical Analysis:
1. General Trend:
• Bitcoin is in a bullish phase after several strong corrections.
• The 200-day moving averages show a positive trend.
2. Support and Resistance Levels:
• Key Support: $25,000 - $28,000
• Key Resistance: $32,000 - $35,000
• If the price breaks the $35,000 barrier, we may see a move to $40,000.
3. Technical Indicators:
• RSI (Relative Strength Index): If it is in the overbought area (>70), a correction may occur.
• MACD (Moving Average Convergence Divergence): Positive crossover indicating further upward movement.