🚨ALERT: Major Tariff Exemption on Tech Products -------------------------------------------------------------- In a critical move, President Trump has exempted smartphones, computers, and semiconductor chips from the latest round of reciprocal tariffs.
🔺 This is a major development, considering the U.S. imports over 60 billion worth of smartphones annually. 🔺 The exemption helps prevent major disruptions in the tech industry supply chain. 🔺 It also helps protect consumer prices and supports ongoing innovation across sectors reliant on global tech imports.
Stay tuned, this could have significant implications for markets, manufacturing, and tech development. 👀
The CME gap has now been filled, and BTC is facing rejection at the key 84,500 resistance zone. A confirmed breakout above this level could open the path toward the next resistance at 88,530.
BTCUSDTBTC1!BTCUSD | Bitcoin is now ready to be traded with leverage on the LONG side. Full 5X numbers follow. Approach with caution. For experienced traders.
A potential inverse Head & Shoulders pattern on the monthly timeframe. The neckline has been retested and is holding strong. If this structure continues to hold, BTC is highly likely to target the 125,500 level.
Disclaimer: Always do your research before making any investment decisions.🤞
On the one-hour chart, an inverse H&S pattern appears to be formed despite a lack of perfect symmetry. The projected target is around 87,290.
📉 The recent CME gap has been nearly filled, which, if fully closed, may provide strong support around the 84,500 level.
Key Support & Resistance Levels: ---------------------------------------- 1. A confirmed breakout above the critical resistance zone at 84,300–84,700 could open the path toward the 87,290 target and potentially test the next major resistance at 88,500.
2. Conversely, a rejection from the 84,300–84,700 zone could lead to a pullback, with initial support at 81,250. Further downside may find support at 80,250, 78,500, and potentially lower levels if momentum weakens.
📌 Monitor price action closely around the current resistance area, as it may determine the next significant move.
🚨 The White House refuted reports suggesting that President Donald Trump was considering a 90-day pause on tariffs. A White House official labeled these claims as "fake news," clarifying that National Economic Council Director Kevin Hassett's comments had been misinterpreted. The administration emphasized its firm stance on trade policies, particularly concerning China, underscoring the need for significant changes in trade relations.
🚨 ALERT: The market seems to be targeting the CME gap; however, a sweep of the existing Fair Value Gaps (FVGs) is likely required first. That said, it has already absorbed millions in liquidation clusters, with liquidation now sitting around 74,500, which could lead the price towards that level.
Pakistan has officially appointed Binance founder CZ (Changpeng Zhao) as Strategic Advisor to the Pakistan Crypto Council (PCC). This move signals a big step toward advancing crypto regulation, education, and adoption in the country. 🌍💹
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