Bitcoin Battles to Stay Above $100K Amid China Tariffs
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BTC price requirements are clear as consolidation below all-time highs continues. Can Bitcoin bulls stick to the plan and avoid falling back below $100,000?
Bitcoin and crypto markets stalled despite positive inflation data thanks to the US keeping tariffs on China, analysis says.
$100,000 and the 2025 yearly open are key support levels going forward.
Major ask liquidity remains stacked on exchange order books up to the $120,000 mark.
Bitcoin needs to avoid wicks below $100,000 as markets grapple with the US-China trade deal.
New analysis from Keith Alan, co-founder of trading resource Material Indicators, also puts the 2025 yearly open as a “line in the sand” for Bitcoin bulls.
Bitcoin analyst: 55% tariff “isn’t going to feel good”
Bitcoin continues to consolidate immediately below all-time highs as crypto and risk-asset traders evaluate the implications of the US-China trade deal.
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