Current currency markets are witnessing fluctuations, as merchants are preparing to declare “Liberation Day” for President Donald Trump, which is expected to provide a mutual tariff targeting 15 countries. US Treasury Secretary Scott Bessin confirmed that the advertisement will be held at 4 pm Washington time in the White House Park.
Although the uncertainty on the horizon, Bitcoin (BTC) is still strong. At the time of the press, Bitcoin gained more than 2 % and traded at $ 86,750. BTC jumped to $ 87,300 before reaching the opposite.
The leading cryptocurrency is currently exploding from the oud science style, with the appearance of the Ichimoku cloud above, indicating that BTC can maintain momentum and push up.
However, short -term volatility is expected due to tariff news. If Bitcoin faces rejection at the resistance level of $ 8,5400 and starts restoring, this may go to the next support about $ 80,000. If the market negatively interacts with the declaration of customs tariffs, BTC can test the level of $ 77,000, which is the price point that it touched in late February and mid -March.
