$BTC
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BREAKING: Bitcoin Alert! 🚨
The US government's disagreement with Trump's tariff deal with China has reignited the trade war, putting pressure on BTC. After a brief recovery above $103k, Bitcoin is now eyeing $105k-$106k. However, another piece of bad news from China could send it plummeting to $80k-$85k or lower. China's rejection of Bitcoin reserve policy, backed by Japan, has sparked a battle between two economic giants. Crypto market capitalization has dipped below $2T, reminiscent of the sharp decline from $2.18T. What's next for altcoins and meme coins? 🤔 Last time Bitcoin dropped from $109k to $74k, ETH fell from $4.2k to $1.3k, SUI from $5.2 to $1.7, XRP from $3.4 to $1.4, and Solana from $295 to under $100. If Bitcoin dips below $80k, will altcoins lose their entire value? 💸 With crypto capitalization below $3T, it's time to tread carefully. Maybe it's best to focus on short-term trades using the 5-minute chart, as long-term trading poses significant risks. The market is still reeling from massive liquidations, including big whales hitting their stop losses. Fingers crossed for a recovery in the crypto market, which has already taken a huge hit. Most altcoins and meme coins have lost value and formed bearish patterns. We're bracing for another potentially massive dumping weekend. 🤞 #Bitcoin #CryptoMarket #TrumpTariffs #PCEMarketWatch #BTC