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BTC Price Analysis: Trump Boosts Trade Deals as Bitcoin Consolidates Near $120,000 Resistance

2025-07-23 06:31:25

Main Idea

Bitcoin (BTC) is consolidating near key technical levels as macroeconomic factors, including President Trump's trade agreements, influence its price movement.

Key Points

1. Bitcoin (BTC) is currently in a consolidation phase.

2. President Trump's active pursuit of new trade agreements is impacting the macroeconomic environment.

3. Key resistance for Bitcoin is positioned at $120,000.

4. Critical support for Bitcoin is established near $116,300.

Description

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BTC
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$BTC
$118590.7
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