$BTC reacted off nicely from the daily FVG Am still bullis | Anonymous G on Binance Square

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$BTC  reacted off nicely from the daily FVG Am still bullish towards the liquidity 

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#TrumpTariffs Donald Trump's tariffs were a major component of his "America First" economic policy during his presidency (2017–2021). He imposed a series of tariffs—taxes on imported goods—primarily targeting countries like China, the European Union, Canada, and Mexico. The most significant were the tariffs on Chinese imports, which escalated into a trade war between the two countries. Trump argued that these tariffs were necessary to protect American industries, reduce the trade deficit, and punish countries he believed were engaging in unfair trade practices, such as intellectual property theft and currency manipulation. Tariffs were also placed on steel and aluminum imports, justified on national security grounds. While some American manufacturers benefited from reduced foreign competition, others—especially those reliant on imported materials—faced higher costs. Critics argued that the tariffs ultimately hurt American consumers and strained international trade relationships. Despite these concerns, Trump maintained that the tariffs were a strategic move to renegotiate trade deals and bring jobs back to the U.S.

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The chart of $BTC on the daily timeframe shows a recent bullish movement characterized by a strong upward candle that broke above a prior consolidation, tapping into a Buy Side Liquidity (BSL) zone. However, price has since retraced into a Fair Value Gap (FVG), suggesting a potential bullish continuation if this imbalance holds as support. If buyers defend the FVG, $BTC could resume its upward momentum toward the 114,000–118,000 region. #BTC110KSoon?

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#TrumpTariffs Broad Import Tariffs: Trump reintroduced sweeping tariffs—10% on most imports, 50–60% on Chinese goods, and 25% on EU, Canada, Mexico. Impact $BTC &$ETH gain traction as hedges against inflation and protection from fiat instability. Increased regulatory fears drive interest in decentralized assets. Institutional investors rotate partially into crypto as tariffs weigh on equity sentiment. Trump’s tariffs are shaking global trade confidence

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$BTC is currently trading around $107,600, showing a slight dip (~–1.7%) from yesterday's levels. Here’s a quick snapshot: 📈 Near all-time highs—just under the ~$112,000 peak hit in late May. 🔍 Key resistance sits at ~$112K, with support zones around $107K and ~$100K. 🏦 Momentum fuelled by weaker inflation data and potential Fed rate cuts, boosting institutional interest. #BTC110KSoon?

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