#BitcoinWithTariffs 📉 Impact of tariffs on Bitcoin

The recent implementation of tariffs by the Donald Trump administration has generated volatility in financial markets. Bitcoin, which previously traded around 109,000, experienced a significant drop, reaching a low near 74,000. However, since early April, the cryptocurrency has shown signs of recovery, trading again around 85,000.

*📊 Technical analysis*

- *Key supports*:

-80,000

- 75,000

- *Key resistances*:

-85,000

- $90,000

The RSI is at elevated levels, which could indicate overbought conditions. It is recommended to monitor potential corrections if the price falls below the mentioned support levels.

⚠️ Considerations

Tariffs can affect the global economy, which in turn impacts the appetite for risk assets like Bitcoin. It is essential to stay alert to political and economic decisions that may influence market stability.