Bitcoin continues to show bullish momentum, holding above $85,000. Market sentiment remains positive, with traders keeping an eye on a potential breakout.
🔥Key Levels:
🛡 Support: $84,000 🚧 Resistance: $86,500
⚡️Technical Indicators:
The Relative Strength Index (RSI) suggests that BTC is approaching the overbought region, signaling a possible consolidation in the short term. The moving averages continue to trend upward, supporting the ongoing bullish trend.
📊 Trading Insights:
Traders should keep an eye on the $86,500 resistance level. A successful break above this resistance level could pave the way for further gains. However, failure to break through this resistance level could result in a short-term pullback.
⚠️ Risk Warning:
The cryptocurrency market is volatile. Always conduct thorough research and implement appropriate risk management strategies before making trading decisions.
🕞🕟🕠🕡🕢🕣Market opportunities are endless, patience and discipline are the key to profitability! ✅ Move forward steadily and earn your profits! 🛫$BTC
When Trump took office, the markets were flying high, but every strong rally eventually needs a correction.
So what did he do? He intentionally triggered a trade war and introduced tariffs. The result was that the stock market dipped.
Why would anyone want bond yields to go down? Because lower yields mean the government can refinance its massive debt at cheaper rates, saving billions.
Once that was set in motion, the Federal Reserve will start cutting interest rates and printing more money. That extra liquidity flowed into the markets and the rally began again, stronger than ever.
In simple terms: He cooled the markets, will make borrowing cheaper, will refinance debt smartly, then reignited growth with liquidity.
You can disagree with his politics, but economically, that’s some next-level capitalist chess.