#BitcoinWithTariffs #USElectronicsTariffs

🚨 Bitcoin Bounces Back After Trump Tariff Delay – But Resistance Looms Ahead

Bitcoin is back in focus after rebounding off the $74,400 mark. The move came swiftly after President Trump delayed the rollout of new tariffs, easing market tensions—at least for now.

šŸ“ˆ Quick Stats:

BTC Price: ~$85,500

24H Change: +0.63%

Weekly Gain: +7.1%

Fear & Greed Index: 31 (up from 15 last week)

šŸ” Key Market Insights

BTC retests key trendline resistance this week—after briefly breaking below last week during tariff fears.

Support at $74.4K proved strong, with heavy buy volume kicking in and liquidating short positions.

Open interest is climbing again, especially during the Asian session—indicating increased trader confidence.

Volatility normalizing, with balanced long/short liquidations in the past 24 hours.

āš ļø Bearish Risk Still On The Table

Despite the bounce, BTC remains in a decisive zone. Failure to break above the current trendline could lead to another bearish breakout, potentially dragging the price back toward the $70K region.

šŸš€ Bullish Scenario

If bulls flip resistance into support, Bitcoin could:

Break out of its descending triangle pattern

Surge toward $90,000 for the first time in over a month

Reignite broader market momentum amid easing macro fears

🧠 Market Sentiment Shift

With Trump's tariff delay and the Fear & Greed Index recovering from extreme lows, sentiment is gradually turning less bearish. Still, traders remain cautious, knowing policy headlines can move markets in a heartbeat.

šŸ“Š TL;DR:

BTC is at a crossroads. A breakout could open doors to $90K. A rejection may bring $70K back into view. Keep an eye on volume, trendline action, and any new geopolitical twists.

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