$BTC holding above $120K but facing macro pressure. Global tariffs and regulatory noise could trigger short-term liquidation sweeps. Don’t overextend longs. #CZ #$BTC #caution
Setup:
Entry: Short entry below $119,500 if breakdown confirmed
TP: $112K – $115K (–5–8%)
SL: $122K (+2%)
Bias: Bearish short-term, bullish macro
Why: Global $1.9B crypto liquidation event followed Trump’s 100% tariff on Chinese tech imports.
(Source: Economic Times, Oct 2025)
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