🔥 $BTC — Calm Before the Storm? Tariffs Could Be the Trigger!
Bitcoin has hovered just below $116K this week as traders tread cautiously ahead of Trump’s sweeping tariffs. Volatility is sitting at multi-year lows, but big macro catalysts are brewing.
📊 Market Snapshot:
• Range-bound: $113K–$116K as traders await a breakout trigger
• Volatility: 30-day at 1.33%, 7-day at 1.2% — near 2-year lows
• Debt stress: $58B US debt auction sees weakest foreign demand in a year → could push the Fed toward more money printing → bullish for BTC
• ETF flows: $91.55M inflow on Wednesday ends a 4-day outflow streak, but still trails July’s $123K rally pace
• Liquidity gap: Glassnode flags low-liquidity “air gap” between $110K–$116K — potential for rapid moves
🛑 Key Levels to Watch:
• Break & close above $116K → potential run to $120K
• Drop below $113,182 (50-EMA) → possible retest of $111,980
⚠️ With tariffs shaking global markets, Bitcoin might be on the edge of a sudden breakout — or a sharp pullback.
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