#TrumpTariffs The tariffs can lead the US to an abyss, as they begin to impact society. I believe there should be an economic order and a balance, where all countries can have a fair right in the economy... This leads to digital currencies gaining more space, weakening the dollar..
The dollar fell to its lowest level since 2023 amid uncertainty over the trade war
"The U.S. dollar fell to its lowest level since 2023, affected by new tariff threats from President Donald Trump and the growing risk of an increase in the fiscal deficit, factors that have diminished the appeal of the currency." "The Bloomberg Dollar Spot Index fell by up to 0.7% on Friday, extending a decline of more than 7% since the beginning of the year. The currency has dropped for the fourth consecutive day in five days following new warnings from Trump about potential tariffs aimed at the European Union and Apple Inc., adding to investors' concerns regarding the impact of his trade policy on the world's largest economy."
Bitcoin would be ready to "vaporize" short positions once the price exceeds USD 110K
A Bitcoin trader claims that "price discovery" will be "just inches away" if BTC bulls manage to liquidate USD 3 billion in short positions.
Bitcoin would be ready to "vaporize" short positions once the price exceeds USD 110K Market update Key takeaways:
A closing price of Bitcoin at the end of the month above USD 102,400 would establish the highest monthly close in history, demonstrating that the bull market continues at a rapid pace.
More than USD 3 billion in Bitcoin short positions are vulnerable above USD 107,000, creating a "liquidation magnet" that could send the price of BTC to new highs.
Bitcoin BTC 95,735 € is 11 days away from potentially achieving its highest monthly close in history. After reaching a record weekly close of USD 106,407 on May 18, BTC could reach a new monthly high by closing above USD 102,400 this month.
Regarding its current market trend, Bitcoin is inches away from a "price discovery" period, as noted by crypto trader Jelle.
Price discovery in this context refers to the process in which buyers and sellers interact in an undefined or untraded range to determine the market price of an asset.
A breakout above Bitcoin's all-time high of USD 110,000 would initiate a price discovery phase, leading BTC into uncharted trading territory with successive higher highs until market participants establish a new equilibrium between supply and demand.
Cointelegraph reported that Bitcoin is close to confirming a "golden cross" on its daily chart, which has historically preceded price surges of 45% to 60%.
In the last 24 hours, BTC has shown some volatility, the highest price reached was 109,992.75 USDT while the lowest was 106,800.00 USDT. Currently, the price of bitcoin is approximately 108,767.23 USDT. This indicates that there have been significant fluctuations in the market, but the price has been stabilizing near the current level. $BTC And what do you think? Leave me your comments. Will BTC continue to grow? Will it reach the milestone of 200,000.00 BTC this year?
No sooner had it shattered its historical records than bitcoin already faced a new challenge. Experts agree on setting the same level as a medium- to long-term target: $200,000. The historical series, they remind us, opens the door to this conquest. The investor momentum of recent weeks has allowed a new barrier in bitcoin's pricing to be broken, that of $110,000. "With stock markets recovering, ETFs attracting investments at a record pace, and more and more publicly traded companies buying bitcoin, the cycle that drove bitcoin above $100,000 is still in motion," highlights Thomas Perfumo, head of strategy at Kraken.
https://app.binance.com/uni-qr/cspa/24634447672409?r=29088100&l=en-US&uc=app_square_share_link&us=copylink live follow these important cryptocurrencies
#ETHMarketWatch $ETH is the second cryptocurrency with the highest rise in the last few weeks, watch out for this coin and keep track of it as a lot is expected from this coin ...💵🚀💫🚀🚀
#MarketPullback $BTC the market is falling again, creating a new floor for the currencies, it is expected that $BTC will reach historic milestones like those that just occurred in the past days ...so be patient and invest wisely
#TrumpTariffs the tariffs imposed by the US on countries competing in a diverse economy severely affects the entire global population, causing stagnation in their economies in some cases. But at the same time, it opens space for economies that rise from this attack and the way of implementing tariffs that exceed ...the US could be in a regression with these implemented policies along with the attack on the Latino population
$BTC Global decisions have a high impact on the rise of cryptocurrencies, making it sustainable and viable over time. To understand the crypto world, it is necessary to track cryptocurrencies while also observing the development of countries and the economic context.$BTC After an impressive rise, it falls again but establishes a floor of $109,000. Everything indicates that this new era could see the resurgence of a new mode of commercial exchange in a very short time.