$BTC
Bitcoin Wavers as Trump Fires Tariff Warning — $105K or Moon?
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Bitcoin is seeing more volatility after US President Donald Trump abruptly announced a 50% tax on all EU imports beginning June 1. Bitcoin plummeted from all-time highs over $111,800 to lows around $107,500 in hours due to the unexpected macroeconomic shift.
After a quick comeback to $109,000, technical analysis on the 1-hour candlestick timescale suggests two ways Bitcoin might play out this week.
Bitcoin Compression Between Fair Value Gaps
Bitcoin's pricing structure has two 1-hour fair value gaps, according to crypto expert TehThomas. The analyst found a lower FVG zone at $107,500, which appeared during the surge to $111,814 ATH and is currently the first key response point.
The top FVG is $109,800–$110,700. The base of a breakdown candle turned into heavy resistance on Friday. A rejection in this higher FVG indicated several sellers