#USChinaTradeTalks China has approved some rare earth export licenses, but details remain unclear. President Trump claimed China agreed to resume rare earth trade, though U.S. officials say exports are not meeting expectations. Economists warn Trump's trade policies are hurting global growth, with the OECD lowering its global growth forecast from 3.1% to 2.9% due to rising trade barriers. Meanwhile, China's latest data shows exports in May rose 4.8%, but imports dropped 3.4%, a sharper decline than expected
Let's dive into the Bitcoin analysis and major crypto indexes. In this review, as usual, I'll cover the key futures triggers for the New York session.
1-Hour Timeframe As you can see in the 1-hour timeframe, Bitcoin formed a higher low yesterday and has now reached the 105087 resistance. It seems likely that this level will be broken soon.
* Currently, a candle has closed above 105087, but price hasn't yet confirmed a breakout, and the move hasn't taken off. For a long position, we can enter once the price confirms a breakout above this level. If 105087 breaks, price could target 106586. The main long position will be opened upon breaking 106586.
- Strong buying volume is a very good trigger for this setup. RSI entering the Overbought zone would also provide a powerful momentum confirmation, and price could rise accordingly.
* If the current upward move fails and price falls below the recent low, we can open a short position upon breaking 103899, targeting 101750. #cryptofees101 #BigTechStablecoin $BTC
🚨SOMETHING BIG IS COMING TO THE CRYPTO MARKET🚨 Two massive bearish divergences flashing on the HIGHER TIMEFRAMES: 📊 WEEKLY 📊 MONTHLY This is NOT just noise. These divergences don't show up for fun - they often precede violent corrections.
We might be standing right in front of a major crash. Maybe not from today, but August could be the breaking point.
Risk is growing. Liquidity is thinning. Smart money is already adjusting
If you think the bull run will last forever- think again. I'm watching this setup VERY closely. Stay sharp. Stay protected.
BITCOIN In 2021-22 bitcoin formed a higher high on weekly chart and then bear run of 2022 started, if we look at the bitcoin current chart the same pattern being formed. Do you think bitcoin will form the similar pattern ? In my opinion it is highly unlikely that bitcoin will see similar pattern, in 2022 the second push was due to overall market euphoria which pushed the price to new high even though bear market was already on (Bitcoin hit new ATH after crashing 55%which is unusual) If we look at the current pattern bitcoin had -30% crash, which is normal between bull runs, so its highly unlikely that bitcoin will similar fate as 2021. Follow Our TradingView Account for More Technical Analysis Updates, I Like, Share and Comment Your thoughts. Cheers #bitcoin #Bitcoin2025 $BTC $BTC
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