Bitcoin Price Prediction Amidst Trade Tensions
The crypto market has taken a sharp downturn due to deteriorating global risk sentiment, triggered by renewed trade tensions between the US and China. Bitcoin has led the decline, dropping 8.1% in the past 24 hours.
Other top assets, such as Ethereum and Solana, have also tumbled. Investors are becoming cautious as macroeconomic shocks continue to influence short-term market behavior and shape the broader BTC price narrative.
Bitcoin's daily chart shows a clear incoming break below the ascending channel that supported its uptrend through much of 2025. The move signals weakening technical strength as selling pressure intensifies.
The current Bitcoin market price is $111,871, hovering near a critical mid-range support level. The Parabolic SAR dots have flipped above the price candles, confirming a shift in short-term control toward sellers.
Investors have seen a $19B liquidation, adding to the market's volatility.
Bitcoin leads the decline, dropping 8.1% in the past 24 hours.
- Bitcoin price: $111,871
- Drop in the past 24 hours: 8.1%
- Liquidation: $19B
Author's summary: Bitcoin's price drops amidst trade tensions.