🚨 BTC Market Update: Volatility Spikes as Tariff Risks Hit! 📉
Bitcoin ($BTC) turned choppy today, briefly sliding below $90,000 before a steady rebound toward $93,600. As the World Economic Forum in Davos kicks off, macro headlines are driving the driver's seat. 🌍
📉 Tariff Fear: Fresh headlines regarding U.S. tariff threats (specifically targeting Europe/Greenland) have sparked "risk-off" sentiment, hitting high-beta assets like crypto.
📊 Technical Levels: * Support: Immediate demand sits at $88,700 - $90,000.
Resistance: Bulls need a clean break above $95,500 to target the $100k psychological barrier.
🇦🇺 Aussie Perspective: Australian investors should watch for gapping in ASX-listed crypto funds and manage AUD-based exposure closely as liquidity shifts during the US session.
The Strategy: With RSI neutral at 48.9 and macro tensions high, discipline is key. Size your positions modestly and avoid over-leveraging into the Davos headlines. 🛡️
#BTCUSD #CryptoNews #Tariffs #TradingStrategy #BinanceSquare
Not financial advice. Always do your own research.
