It appears we've respected the support level on a weekly timeframe and are holding the trendline established since 2021.
The next target should be the previous support, which has now turned into resistance, with a potential move towards $200+.
In the short term, tariffs can introduce uncertainty and market volatility. How they’re announced and implemented can lead investors to pull back from riskier assets like stocks and crypto, which could result in price declines - Which we ofc can see in this bloodbath xD
/DYOR
The next target should be the previous support, which has now turned into resistance, with a potential move towards $200+.
In the short term, tariffs can introduce uncertainty and market volatility. How they’re announced and implemented can lead investors to pull back from riskier assets like stocks and crypto, which could result in price declines - Which we ofc can see in this bloodbath xD
/DYOR
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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.