4 hours ago
Key points:
Bitcoin is heading further distant from its latest all-time highs arsenic US commercialized tariffs dictate the mood.
Traders are unfazed, arguing that BTC terms enactment tin retest adjacent little levels portion maintaining its bull run.
Hyperliquid trader James Wynn goes abbreviated BTC aft closing a agelong worthy $1.25 billion.
Bitcoin (BTC) failed to support $108,000 into the May 25 play adjacent arsenic terms enactment struggled to shingle disconnected caller US commercialized warfare woes.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Trump “hot air” blamed arsenic Bitcoin halts terms discovery
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying adjacent multiday lows.
After drawback losses accompanied comments by US President Donald Trump implicit 50% tariffs connected goods from the EU, crypto instantly felt the heat, and $112,000 remained Bitcoin’s latest all-time high.
Further episodes, this clip involving goods from circumstantial tech giants, continued the impact, starring marketplace participants to kick astir Trump’s clasp implicit volatility.
Source: Truth Social“More blistery aerial from the Manipulator successful Chief,” Keith Alan, co-founder of trading assets Material Indicators, wrote successful portion of a effect connected X.
Alan nevertheless had bully quality for Bitcoin bulls, arguing that terms had much country to retest enactment without extinguishing the broader uptrend.
“The MACRO inclination enactment and 2 cardinal Moving Averages connected the Bitcoin Daily illustration presently person confluence with the Yearly Open,” helium noted, referring to the BTC/USD 2025 opening level astatine astir $93,500.
“As agelong arsenic BTC is trading supra that zone, the Bull inclination is inactive intact.”
BTC/USD 1-day chart. Source: Keith Alan/XPopular trader Crypto Tony held a akin view, suggesting that adjacent different $4,000 driblet from existent levels by the play adjacent would beryllium acceptable.
A adjacent supra $108,000 this week would beryllium perfect, but a adjacent supra $104,000 is arsenic arsenic good arsenic we wide the absorption portion pic.twitter.com/f1jYRouinj
Fellow trader Merlijn eyed a classic short-term BTC terms magnet successful the signifier of a caller “gap” connected CME Group’s Bitcoin futures.
“$BTC conscionable near a caller CME Gap astatine $107,230,” helium showed connected the day.
“These gaps don’t enactment unfastened for long. Expect terms to travel backmost and capable it. Eyes connected that level.”
BTC/USD 1-hour chart. Source: Merlijn The Trader/XBTC trading elephantine Wynn flips short
In a determination that rapidly caught the attraction of marketplace observers, meanwhile, 1 large-volume trader abruptly flipped abbreviated connected BTC this weekend.
Related: Bitcoin 'looks exhausted' arsenic adjacent carnivore marketplace yields $69K target
As Cointelegraph reported, Hyperliquid trader James Wynn had antecedently opened a $125 cardinal agelong presumption but began losing wealth implicit the Trump volatility.
As noted by probe steadfast Lookonchain, not lone had Wynn closed his agelong but had replaced it with a caller abbreviated presumption worthy astir $110 million.
— Lookonchain (@lookonchain) May 25, 2025“That's a batch of trading for an illiquid choppy weekend,” trader Daan Crypto Trades wrote portion reacting to the power connected X.
This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.
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