$BTC Bitcoin has recently experienced notable price fluctuations influenced by global economic events. Following the announcement of new tariffs by the U.S. on imports from Canada, Mexico, and China, Bitcoin's price declined by approximately 15%, settling around $92,500.

Technical analysis indicates that Bitcoin has breached the $100,000 support level, with minor support observed in the mid to high $96,000 range. Key support levels to monitor are around $92,000 and $87,000, with potential further declines possibly reaching $74,000. On the upside, the $106,000 level serves as a significant resistance point.

Despite recent volatility, Bitcoin has demonstrated resilience. Analysts suggest that after absorbing the initial impact of these economic developments, Bitcoin may resume its upward trajectory as markets stabilize. $BTC