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BTC/USD: Remains Below Ichimoku Cloud

From dailyforex.com

The BTC/USD pair remained above the key support at 85,000 as the market reacted to Donald Trump’s Liberation Day speech in which he announced tariffs on more American imports. Bitcoin rose to $86,500, almost 13% from its lowest level this year. US NFP data ahead Bitcoin and other risky assets were volatile after Donald Trump held a press conference at the Rose Garden announcing his reciprocal tariffs of most imports to the United States. Trump hopes that these tariffs will help the country to raise billions of dollars each year. He also hopes that these funds will help to offset his planned tax cuts. However, ... (full story)

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  • Category: Technical Analysis