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Bitcoin Slides as Market Confidence Weakens and Politics Stir Volatility

Bitcoin fell below $104,000 amid investor leverage, ETF outflows, and global uncertainty. Analysts debate whether this marks a bottom or another steep leg down.

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Andrew Tate Predicts Bitcoin at $26,000

Coinbase Premium Turns Negative as RSI Hits Bottom Zone

Bitcoin Jumps After Trump Rejects China Tariffs

Four Reasons Behind Bitcoin’s $23,000 Drop

Andrew Tate Predicts Bitcoin at $26,000

Influencer Andrew Tate warned of a massive Bitcoin collapse, citing extreme leverage and false optimism.

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  • [High leverage]: Tate said traders are overexposed, borrowing heavily in hopes of a rebound.

  • [Investor sentiment]: He argued optimism has delayed capitulation and the true bottom.

  • [Crash target]: His $26,000 forecast implies a 75% drop from $105,000.

“The more people believe Bitcoin can’t go lower, the more likely it will.” – Andrew Tate

Coinbase Premium Turns Negative as RSI Hits Bottom Zone

Bitcoin’s Coinbase Premium Index flipped red, signaling weaker U.S. demand, while technicals point to possible consolidation.

  • [Premium decline]: U.S. spot buying weakened as BTC slipped below $104,000.

  • [RSI signal]: RSI dropped to 34, near April’s low, suggesting a possible bottom zone.

  • [EMA test]: BTC risks losing its 200-day EMA support near $100,000.

“BTC has consistently bottomed around the 3-day 100 EMA, but it takes weeks to recover.”

Dentoshi, trader

Bitcoin Jumps After Trump Rejects China Tariffs

BTC rebounded from a multi-month low after President Trump reversed plans for heavy tariffs on China.

  • [Tariff impact]: Trump’s “No” to 100% China tariffs eased market tension.

  • [Price move]: Bitcoin jumped from $104,000 to $106,000 within minutes.

  • [Market relief]: The move followed days of panic tied to tariff threats.

“I think we will be fine with China.” – President Donald Trump

Four Reasons Behind Bitcoin’s $23,000 Drop

Bitcoin’s 10-day crash below $104,000 stemmed from political tension, ETF outflows, and risk aversion.

  • [Global tension]: U.S.-China tariff threats and Ukraine-Russia meetings drove panic.

  • [ETF outflows]: Over $1.2 billion exited U.S. Bitcoin ETFs in a week.

  • [Gold strength]: Investors shifted to gold, now near $4,400 per ounce.

  • [Bank stress]: Regional U.S. banks faced new financial strain, adding fear.

“Gold is more likely to reach $1 million than Bitcoin.” – Peter Schiff

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results