#TrumpTariffs

Bitcoin had a soft start to the week after President Trump announced hard-hitting 25 percent tariffs on both Japan and South Korea.

The Nasdaq and the S&P 500 fell by close to 1 percent, underscoring the uncertainty at the start of the week that the new tariff rate caused.

To be fair, the drop in Bitcoin has not been too

severe so far, however, Bitcoin is now trading beneath its Weekly Pivot Point.

Technically, I'd suggest keeping a close watch on the Weekly and Daily Pivot Points today for signs of a rebound or a further slump towards the respective S1's.