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White House says 104% tariffs on China went into effect today, #StaySafeCryptoCommunity
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market worried there may be some "indigestion" issues with the 3Y auction at 1pm #tariftrump
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Market Update Bitcoin dipped below $82.4K (Monday’s low) but reclaimed the level during the Asia session. Now, all eyes are on the FOMC later today. While a rate freeze is expected, the real volatility will come from the dot plot and Jerome Powell’s speech. Right now, BTC is trading in the middle of Monday’s range—prime territory for fake-outs. The best long entry was the retest of $82.4K after the reclaim. Going forward, I’ll be watching for another sweep of $82.4K or a reaction at $84.2K-$84.7K. Patience is key—big opportunities are ahead!
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Market Update After yesterday’s sell-off, Bitcoin is holding $82.3K as key 4-hour support, while $84K—near the Monthly Open—acts as clear resistance. Break below $82.3K? Likely revisit $78K-$80K Reclaim $84K? Potential push to $86K-$88K With the Monday range still forming, the stock market open will be crucial. Expect volatility throughout the week with major economic events ahead.
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Market Update The crypto market remains sensitive to U.S. tariff headlines, impacting Bitcoin's price action despite a favorable U.S. CPI report. The ongoing U.S.-Canada trade tensions have added to market uncertainty, leading to choppy movement. Currently, BTC is consolidating below key resistance at $84.3K (Monthly Open) and the orange trendline. A confirmed breakout above this level could trigger a move toward $86K (CME Gap). However, failure to break out may result in a pullback to the lower channel around $78K – $79K. Monitoring price action closely for confirmation of the next trend. Stay cautious.
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