#Bitcoin is currently experiencing a pullback, likely triggered by news, such as President Trump’s tariff announcement on China.
The price is hovering around $110,500, but it doesn’t look strong enough to hold at this level, so a move toward $99,800 is possible. The 0.5 Fibonacci retracement at $99,800 acts as a key demand zone. However, the RSI isn't oversold yet, which means there’s potential for further downside if this support breaks.
In my opinion, the best approach right now is to wait for some confirmation.
Stay tuned and follow for more updates, and if you're stuck in any coin, feel free to DM me I’ll do my best to help you out.
BTC BTCUSD 
BTCUSDT
The price is hovering around $110,500, but it doesn’t look strong enough to hold at this level, so a move toward $99,800 is possible. The 0.5 Fibonacci retracement at $99,800 acts as a key demand zone. However, the RSI isn't oversold yet, which means there’s potential for further downside if this support breaks.
In my opinion, the best approach right now is to wait for some confirmation.
Stay tuned and follow for more updates, and if you're stuck in any coin, feel free to DM me I’ll do my best to help you out.
BTC BTCUSD BTCUSDT 
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Register on Blofin, Toobit and BingX and trade with me: 👇
toobit.com/t/CryptoMojo
partner.blofin.com/d/Cryptomojo
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
toobit.com/t/CryptoMojo
partner.blofin.com/d/Cryptomojo
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.