📉 Bitcoin’s Rollercoaster
BTC swung wildly this week, dropping to 59,500 before bouncing 62,200. The trigger? Escalating U.S.-China trade tensions! Tariff threats spooked traditional markets, dragging Bitcoin down temporarily.
💡 Why Trade Wars Matter
Risk-Off Mode: Stocks dipped, but BTC’s rebound suggests growing safe-haven demand.
Currency Hedge: Fears of inflation (from trade disruptions) boosted BTC’s appeal as “digital gold.”
Whale Moves: Big buyers scooped BTC at lows, signaling long-term confidence (data: Santiment).
🔍 Key Levels to Watch
Support: Hold above $60,000 = bullish momentum.
Resistance: Break *63,500∗could signalarunto63,500 could signalarunto65K.
Wildcard: BlackRock’s BTC ETF saw $200M inflows this week—institutions aren’t scared!
⚡ Trading Tip: Trade wars = volatility. Use dollar-cost averaging (DCA) to navigate swings!
Bottom Line: Bitcoin remains a macro battleground. Trade wars may fuel short-term chaos, but they can also strengthen BTC’s case as a hedge. Stay alert! 🔔
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