Crypto Crash? Bitcoin Price Prediction After 5% Correction
Is the crypto bull run in danger of ending unexpectedly?
The Bitcoin price created a new all-time high, trading as high as $112,000 on Thursday. However, US President Donald Trump’s 50% tariffs on the European Union sparked a market-wide decline, with BTC tumbling by 5% to trade as low as $106,800.
Trump’s volatile tariff policy has already played a spoilsport to a crypto bull run several times. Analysts are now anticipating retests of the $104k and $102k support levels, considering $110k appears to be a strong resistance level.
BTC’s weakness is also resulting in a broad-based decline in altcoins.
However, there is a strong likelihood that the bulls will be saved by a highly bullish golden cross on the Bitcoin…
