🗽 Bitcoin Wavers as Trump Drops 50% Tariff Bomb — $105K or Moon?
Bitcoin faced heavy turbulence after U.S. President Donald Trump announced a 50% tariff on all EU imports starting June 1. The macro shock sent BTC tumbling from an ATH of $111,800 to $107,500 within hours.
After a quick bounce to $109,000, price action remains trapped in a key range, and the next breakout could define Bitcoin’s short-term trajectory.
Technical Breakdown: FVG Compression Zone
Analyst TehThomas highlights two major 1-hour Fair Value Gaps (FVGs):
• Lower FVG (Support): $107,500 — key demand zone from ATH surge
• Upper FVG (Resistance): $109,800–$110,700 — rejection zone after Friday’s pullback
BTC is compressing between these levels. A breakout either above the upper FVG or below the $107,500 base will likely signal the next major move.
Two Scenarios:
Bullish Case:
• Bounce from $107,500
• Clean break above $110,700
• Momentum push toward $113,000+
Bearish Case:
• Breakdown below $107,500
• Next stop: $106,000 liquidity pool
• Below $106K = short-term bearish shift
Volume is the key confirmation. Watch for strong inflows to validate any move.
Bottom Line:
The market is on edge as Bitcoin hovers near critical levels. Trump’s tariff shock has shaken sentiment, but BTC has shown resilience before. The next leg could be explosive — in either direction.
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