Main points:
Bitcoin (BTCThe price rose to above 109,000 dollars during the late May 25, when merchants responded to President Donald Trump’s decision to delay the implementation of the customs tariff for goods in the European Union until July 9.
Data from Cointelegraph Markets Pro and Tradingvief It revealed that BTC increased by up to 3.2 % to the highest level during the day 110,100 dollars on May 26, from a decrease of $ 106660 on May 25.
Trump extends to the date of the customs tariff in the European Union
Bitcoin’s recovery above $ 109,000 followed Trump’s decision to delay a 50 % proposed tariff on European Union goods, reduce trade tensions and feed renewed optimism through risk origins.
This decision came after a call with European Commission President Ursula von der Layen, who He said The European Union needs until July 9 “to reach a good deal” with the United States.
Good invitation with potus.
The European Union and the United States shares the most dependent and close commercial relationship in the world.
Europe is ready to advance the conversations quickly and decisively.
To get a good deal, we will need time until July 9.
– Ursula von der Linyen May 25, 2025
Trump was initially A 20 % tariff suggested In most of the European Union imports in April, it later reduces it to 10 % to allow time to conversations.
On May 23, he threatened to raise tariffs to 50 % by June, causing Bitcoin to decline to less than 108,000 dollarsIt reflects the market sensitivity to commercial tensions.
Participants in the market said the extension of Bitcoin again on the right track to continue the upward trend.
“Bitcoin will pump again,” He said BTC’s pseudonym is a random encryption in response to the news.
“Bitcoin is gaining momentum due to the delays of the European tariff (July 9),” said his colleague Kevin T.
“I hope to affect everything and let the market walk over the rise.”
Price BTC went to a 8 -week winning series
BTC was near more than 109,000 dollars on May 25 was the seventh consecutive consequences in a row, as shown in the graph below.
If Bitcoin continues to maintain its upward path, it is possible that it will close the green color for the eighth week in a row on June 1.
Historically, such a scenario has already been from six to 12 months of positive work.
“Since 2014, a series of weekly closure occurred for only 8 weeks three times,” He said Carpe Nortom on May 26 on X, adding:
“After eight, a successive weekly closure, the market was historically negative after one week, but it was always positive 6 months and after one year.”
If history repeats itself, BTC may continue to rise this week, then drop or unify next week to re -test the main support levels before Enter an equivalent stage For the rest of the year.
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The main bitcoin price levels for watching
Bitcoin should be turnedLL Time is higher at 111,900 dollars In support to continue discovering prices.
As CoINTELEGRAPH I mentionedThe BTC price can rise to the highest new standard levels of $ 130,000 if Bulls pushed over from 109,588 dollars to $ 111,980 for public resistance, BTC/USD must stick to the weekly closure at $ 109.0 until this happens. Below is a major demand zone from 104,500 dollars to $ 106,000.
Other levels that must be monitored on the negative side are daily support at $ 102,500, which supported the price between May 9 and May 19, and the psychological level at $ 100,000.
Mickey Paul trader He said It was “very important” for BTC/USD husband to close the day above The highest level ever from 109,000 dollars It arrived on January 20.
The founder of the MN Capital Michael Van De Poppe indicated that if Bitcoin continues to “adhere to the degree of interest” between 105,500 dollars and 107,000 dollars, this may witness new levels at all during the next few days.
“To $ 125,000 to June.”
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
