Today, April 2, 2025, marks Liberation Day, as President Trump officially enforces a bold new tariff plan. As I previously posted, the market will be highly volatile around 4 PM, with sharp swings and uncertainty.
📌 Key Takeaways:
✅ 10% Universal Import Tariff – All imported goods now face a baseline 10% tariff.
✅ Reciprocal Tariffs – 60 nations targeted with tariffs matching their duties on U.S. exports.
✅ 25% Auto Tariffs – Imported cars & auto parts hit with a hefty tax.
✅ China & Taiwan in Focus – Specific tariff hikes on tech, steel, and electronics from these nations.
✅ Consumer Impact – Prices on goods like electronics, clothing, and food may rise.
✅ Global Reaction – Canada & EU signal potential countermeasures. ----------------------------------------------------------------- 📉 Market Volatility – As predicted, stocks and crypto experienced extreme turbulence.
Trump’s Take: “Today, America takes back control of its economy.” 🔥 Investor Outlook: Uncertainty looms as traders assess long-term effects.
Stocks and Bitcoin are currently rallying. Bitcoin is trading at 86,573 (+2.1%). However, market volatility is expected as the "Liberation Day" announcement by Donald Trump at 4:00 PM could introduce new tariffs, potentially triggering a sharp decline.
🚨UPDATE: BTC has successfully reached the inverse Head & Shoulders target, capturing liquidity at 86,200. A confirmed breakout above the 86,500 resistance could drive the price toward the next key resistance and the flag's target at 87,800.
Additionally, there is a negative Fair Value Gap (FVG) from 86,280 to 87,070.
🚨 Market Alert: High Volatility Expected Due to New U.S. Tariffs 🚨
Today, April 2, 2025, President Donald Trump has declared "Liberation Day" and announced sweeping tariffs on all imports. These measures could disrupt global trade and trigger significant market volatility.
🔸 Key Impact Areas:
1. 25% tariffs on imported vehicles, steel, and aluminum
2. Potential economic strain on major trade partners
3. Market uncertainty and increased risk for investors
📉 What This Means for You: Expect sharp movements in stocks, commodities, and forex markets. Traders and investors should exercise caution, manage risk effectively, and stay updated on developments.
An inverse H&S pattern has formed on the 1-hour timeframe, signaling a potential trend reversal. A confirmed breakout with strong volume could push BTC toward its projected target of 86,600.
Key Technical Observations: 1. The CME gap is now filled, which could act as a strong support upon a retest.
2. Neckline resistance near 84,462 is being tested.
3. A successful breakout above this level may initiate a bullish move toward 86,600.
Watch for volume confirmation to validate the breakout. 👍