$BTC

Dear Readers, in these Tariffwar times, with China flexing, Bitcoin faces challenges.

Its price swings are sharp because of its relatively small market size compared to traditional assets, meaning even modest buying or selling can cause big moves. Regulatory changes, like Slovenia’s proposed 25% crypto tax or U.S. trade tariffs, add uncertainty.

Plus, Bitcoin’s energy use is a growing concern, with mining consuming as much power as some countries. This has sparked debates about its environmental impact, though initiatives like the Crypto Climate Accord aim to address this.

Technical analysis shows BTC consolidating above $84,000, with support at $70,000 and resistance at $92,500, suggesting it’s at a critical point.