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Bitcoin (BTCUSD) Stabilizes and Poised to Rebound After US-China Tariff Shock

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The Story

News Summary

  • Bitcoin crashed due to US-China tariff tensions but found strong support near $109,600.
  • Technical patterns suggest a bullish rebound is likely if key resistance at $115,900-$117,000 is reclaimed, pointing to gains up to $160,000 in the coming weeks.
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BTCUSD price history

75528.71 +14.89% over the displayed period

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