Bitcoin is struggling to find bullish confluence, and we’re not seeing strong buy pressure at current levels. The nearest significant order blocks are much lower, around $69K, which could act as a magnet if sellers take control.
Adding to the uncertainty, potential tariffs from Trump could shake up the broader market, impacting risk assets like BTC in the short term. Without a strong push from bulls soon, the market will drift lower before any meaningful reversal.
Adding to the uncertainty, potential tariffs from Trump could shake up the broader market, impacting risk assets like BTC in the short term. Without a strong push from bulls soon, the market will drift lower before any meaningful reversal.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.