๐ฅ๐๐ข๐ญ๐๐จ๐ข๐ง: ๐ ๐๐ฅ๐ฌ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐ญ ๐๐๐๐โ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐๐ซ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐โ
Bitcoin ($BTC ) recently hit a new all-time high near 112K, fueled by strong economic and fundamental data. However, the rally was short-lived following Trumpโs latest speech announcing new 50% tariffs on the EU. Markets reacted sharply, and despite a partial recovery, uncertainty remains.
These tariffs elevate global risk, potentially triggering broader market correctionsโincluding crypto. Investors may seek refuge in safe-haven assets like gold.
Technically, BTC appears to be forming a false breakout above the 110K resistance level. The zone between 109.8K and 110.3K remains key resistance and a liquidity area. If sellers defend this range, Bitcoin could be trapped between 110K and 106.8K (possibly down to 105K).
Resistance Levels: 109.8K, 110.3K, 112K
Support Levels: 106.8K, 105K
Should the 110K level continue to hold and price consolidates below it, the false breakout scenario will strengthen. In that case, a move toward the 105Kโ102K range becomes more likely. Conversely, a solid break and consolidation above 110K would signal renewed bullish momentum.
Trade responsibly. Market conditions are evolving rapidly.
