Bitcoin wants to go up, but Trump’s tariffs aren’t helping: Will the admin TACO again?

💡 DMK Insight

With BTC at $107,574, geopolitical tensions are weighing heavily on market sentiment right now. The ongoing trade disputes between the US and China are creating a risk-off environment, which often leads traders to shy away from high-risk assets like Bitcoin. This could result in increased selling pressure, especially if traders are avoiding long leverage positions. If BTC breaks below key support levels, we might see a cascade effect where stop-loss orders trigger further declines. Watch for the $100,000 level as a psychological barrier; a breach could intensify bearish sentiment. On the flip side, if traders perceive this as a buying opportunity, we could see a rebound, but that seems less likely in the current climate. Keep an eye on macroeconomic indicators and any shifts in trade policy that might influence market dynamics. The next few days will be crucial for determining BTC’s trajectory.