Bitcoin $BTC faced fresh selling pressure as rising US–EU tariff tensions shook global markets. $BTC dropped near the $91,000 level, triggering nearly $860 million in liquidations, as traders reduced risk exposure amid growing macro uncertainty.
From a technical perspective, RSI remains around 52, indicating a neutral zone, while a bearish MACD crossover suggests short-term weakness. Key support is now seen at $90,000, a level closely watched by bulls. On the upside, $93,500 acts as immediate resistance and must be reclaimed to restore bullish momentum.
The broader market sentiment has shifted toward safety, with investors favoring gold (around $4,700/oz) over risk assets like cryptocurrencies. However, historically, Bitcoin has shown strong recovery potential once macro fears stabilize.
What to watch next:
• Reaction at $90K support
• Macro headlines on trade policies
• Volume confirmation for any rebound
Volatility is high — smart risk management is crucial. 📉📈
