Market Update -
Over the past 24 hour we have seen a huge liquidation even across the crypto market, with Bitcoin retesting $91k. This is due to the uncertainty of the US trade tariffs which are due to start today, and is affecting all financial markets. For now it is best to see how the US stock market reacts, especially with it being a Monday. I want to see BTC hold the orange support trendline at the daily close.
For now BTC is still just in this sideways range between $90k - $110k, but we have seen altcoins hit very hard overnight due to Bitcoin Dominance hitting 4 year highs. Let's see what today brings.
Forwarded fromBitcoin Premium Signals
February 3, 2025 199
