Overall Trend: The price is moving sideways between $83,000 and $85,000.
Major Resistance: $85,500 – Breaking this level could push the price towards $90,000.
Strong Support: $73,000 – Breaking this could lead to a drop towards $62,500.
Technical Indicators: Improvement in momentum with a breakout of the downtrend line, indicating the possibility of a bullish breakout.
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📰 Influencing Factors:
Trade Tensions: President Trump's announcement of tariff exemptions on phones and computers has stabilized the markets, supporting Bitcoin's stability.
Analysts' Forecasts: Some analysts expect the price to rise to $133,000 if support remains above $73,000.
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✅ Recommendation:
Given the current data, it is advised to monitor the resistance level at $85,500. A breakout of this level may indicate the start of a new upward wave. Conversely, caution is advised if the price drops below $83,000, as this may indicate weakness in upward momentum.
U.S. tariffs on electronics are back in the spotlight! With rising trade tensions, the United States has announced a comprehensive review of the tariff on imported electronics, particularly from China.
What does this mean?
Potential increase in prices of electronic devices for consumers.
Additional pressure on tech companies relying on foreign manufacturing.
Opportunity for local factories, and a challenge for importers.
How should you approach this as an investor?
Monitor U.S. local manufacturing companies.
Follow news on Chinese suppliers and the impact of tariffs on supply chains.
Opportunities exist in volatility, but investment decisions require careful analysis.
Do you think this move will stimulate local industry or just raise prices? Share your opinion! #GlobalMarkets #Tariffs #USAEconomy #InternationalTrade #EconomicAnalysis