Post
Crypto Master 786
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#Bitcoin Pulls Back as Trade Tensions Heat Up......
$BTC slipped to $93,144, down 2.1%, as renewed US–EU tariff tensions triggered a risk-off move across global markets. The announcement of 10% US tariffs on key European imports and the EU’s preparation of a €93B retaliatory package pushed capital toward traditional safe havens like Gold and Silver, pressuring crypto prices.
Market volatility spiked, leading to $870M in liquidations, with long positions taking the biggest hit. Technically, momentum has cooled — RSI sits near 45 (neutral) while the daily MACD has flipped bearish, signaling short-term weakness. Price is now hovering just above the $92,000 (50-day EMA), a level that traders are watching closely.
A clean hold above this zone could stabilize price action, but a sustained breakdown risks a deeper pullback toward the $88K region. On the upside, resistance remains heavy around $95K, and a broader recovery would require a reclaim of the $98K–$100K range. In this environment, reduced leverage and patience remain key as geopolitical headlines continue to drive sharp moves.
$BTC slipped to $93,144, down 2.1%, as renewed US–EU tariff tensions triggered a risk-off move across global markets. The announcement of 10% US tariffs on key European imports and the EU’s preparation of a €93B retaliatory package pushed capital toward traditional safe havens like Gold and Silver, pressuring crypto prices.
Market volatility spiked, leading to $870M in liquidations, with long positions taking the biggest hit. Technically, momentum has cooled — RSI sits near 45 (neutral) while the daily MACD has flipped bearish, signaling short-term weakness. Price is now hovering just above the $92,000 (50-day EMA), a level that traders are watching closely.
A clean hold above this zone could stabilize price action, but a sustained breakdown risks a deeper pullback toward the $88K region. On the upside, resistance remains heavy around $95K, and a broader recovery would require a reclaim of the $98K–$100K range. In this environment, reduced leverage and patience remain key as geopolitical headlines continue to drive sharp moves.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
65,964
-2.34%