Bitcoin remains resistant while walls of street spontactions – Details – TradingView News
The bitcoin price is from 2. April of April 2. April, even as large stock indices dropped. The digital currency broke down $ 104,000 to 12. May. Traditional markets like S & P 500 were at the same time in red. Based on the data on the market, the resistance of Bitcoin pointed out in the sales facial and tariff negotiations.
Bitcoin surpass stocks
According to reports, S & P 500 reduced almost 1% during April, but Bitcoin rose. Other financial markets have experienced losses during the same week. The increase in Bitcoin was made while traders consider concern about the escalation of tariffs.
The latest most wanted After Cripto After Some have seen as a means of avoiding external trade fees. However, there is no evidence that any country used crypto to avoid tariffs.
Settlements via bitcoin
Based on the study of Cripto Expert Daan Cripto stores, there were speculation that countries could bring trade settlements in Bitcoin. The concept was pulling on when the BTC stood firm even when the supply chain and markets were in trouble.
$ BTC Has exceeded stocks from “liberation” / day of tariff 2. April.
Was held incredibly strongly during a sharp sale in stock in April.
He then continued to exceed how markets were exposed and applied tariffs.
Then people wondered … pic.twitter.com/wwfh80tvp
However, experts keep in mind that large transactions are on the open chain. Regulators would catch any major cross-border payments made in crypt. There was no reported case of governments that turn to Bitcoin to be debtors in the hospital.
Testing of key resistance levels
According to the chart analysis by Rose Premium signals, Bitcoin currently tests a key barrier to $ 105,000. If BTC spoils there, it could be pulled into a $ 100,000 zone. Some sample observers claim that inverse and shoulders configurations could be developed.
💰 $ BTC Market update#Bitcoin Currently testing a weekly supply zone of about $ 105,000 👀
🧠 The most likely scenario is rejection from this level, leading to the formation of reverse head and shoulder rolections – adjustment that could create space for mini # Altsezona 📈 … pic.twitter.com / Alsi5khuk
This pattern requires two different shoulder and lower trough in the middle. Currently, swings are unbalanced, mud according to the picture. The rejection of Altcoin Accumulation can be followed before Bitcoin starts where he stopped.
Long-term stable stable
According to the market observers, most investors will ask you to buy records if Bitcoin stops resistance. They add that more prices will put in the form of returns. Enter the input points during previous sets. But Bitcoin’s extensive races still exist for several months, not days.
Traders still see the risks: increasing the potential rate, regulations on cryptou and fresh tokens competing for attention. Meanwhile, increasing current and established wallets assure others.
Based on the order of US trading negotiations in the United States, any agreement would reduce little tension. But there are drivers of Bitcoin’s price that are independent of global tariffs. Monetary actions, large investors and sensitive drive of large moves.
If the BTC continues to exceed the supplies, it could be strengthened as an alternative in global markets. Meanwhile, traders are waiting for the next direction on these important levels near $ 105,000.
Featured image of an independant, graph from tradingview
https://s.tradingview.com/static/images/illustrations/news-story.jpg
2025-05-12 13:00:00
