$BTC Bitcoin (BTC) shows resilience but remains vulnerable to macroeconomic pressures. Here are the details:

Short-Term Bearish Pressure

Trade War Fears: The announcement of a 34% tariff by China has created fear in the markets, and BTC's drop from $88K to $82K reflects its sensitivity to risk-averse sentiment.

If the US retaliates with tariffs or hawkish policies, BTC could face further declines alongside equities.