#CryptoTariffDrop
📈 Long Trade Setup:
🚀 Entry: Above $83,000
🎯 Targets: $85,000 → $87,000
🛑 Stop-Loss: Below $81,500
⚡ Confirmation: Strong volume and sustained breakout
📉 Short Trade Setup:
🔻 Entry: Below $81,500
🎯 Targets: $80,000 → $78,000
🛑 Stop-Loss: Above $83,000
⚡ Confirmation: Breakdown with increasing selling pressure
🔥 Key Market Insights:
Market Reaction to Tariffs: The new tariff announcement by President Donald Trump has escalated global trade tensions, causing Bitcoin’s price to decline as investors seek safer assets.
Technical Indicators: Bitcoin is testing crucial support around $82,000. A break below could signal further downside, while maintaining above might indicate consolidation or a potential rebound.
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