#BitcoinWithTariffs

The Trump administration is considering using tariff revenue to buy Bitcoin, which could significantly impact the crypto market. Let's break down the potential implications:

*Tariff Plan Explained*

- *Using Tariff Revenue:* The Trump administration plans to use revenue generated from tariffs to buy Bitcoin, potentially adding it to the US strategic crypto reserve.

- *Gold Certificate Revaluation:* Another idea being floated is revaluing gold certificates to generate surplus funds for Bitcoin purchases. This could add substantial capital for acquiring more Bitcoin .

*Impact on Bitcoin Price*

- *Current Price:* Bitcoin is trading around $85,350, with a 15% jump in recent days.

- *Resistance Levels:* The upper pressure level is around $87,500, while the lower support is around $81,500.

- *Prediction:* If the plan moves forward, Bitcoin could surge to $90,000, potentially reaching higher levels.

*Market Analysis*

- *MACD Golden Cross:* The MACD golden cross indicates continued rebound demand, suggesting the upward trend may persist.

- *Increased Capital:* Recent capital inflows into the market support the possibility of further upward movement.

- *Sideways Consolidation:* On the four-hour level, Bitcoin is in a sideways consolidation market, with increased volume rising and reduced volume retracing ².

*Trading Suggestions*

- *Going Long:* Consider going long at $83,500 with a stop loss around $83,000.

- *Going Short:* Alternatively, consider going short at $85,800 with a stop loss at $86,200.

*Conclusion*

The potential use of tariff revenue to buy Bitcoin could significantly impact the crypto market. With increased capital inflows and a MACD golden cross, the rebound may continue. Keep an eye on resistance levels and adjust your trading strategy accordingly. 📊