{"id":29615,"date":"2025-05-31T18:31:49","date_gmt":"2025-05-31T18:31:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29615"},"modified":"2025-05-31T18:31:49","modified_gmt":"2025-05-31T18:31:49","slug":"bitcoin-rebounds-above-104300-as-tariff-chaos-triggers-nearly-1b-in-liquidations","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29615","title":{"rendered":"Bitcoin Rebounds Above $104,300 as Tariff Chaos Triggers Nearly $1B in Liquidations"},"content":{"rendered":"<div>\n<p>Global economic tensions and trade policy uncertainties continue to influence cryptocurrency markets as Bitcoin recovers from a recent correction. <\/p>\n<p>Despite the pullback, institutional interest remains strong with firms like Strategy (formerly MicroStrategy) and GameStop adding BTC to their corporate treasuries. <\/p>\n<p><strong>Technical Analysis Highlights<\/strong><\/p>\n<ul>\n<li>The 24-hour period shows a clear bottoming pattern with strong volume support emerging around the $103,200-$103,400 zone, where buyers consistently stepped in, according to CoinDesk Research&#8217;s technical analysis data model.<\/li>\n<li>The subsequent recovery phase gained momentum after breaking above the $104,000 resistance level, with increasing volume confirming buyer conviction.<\/li>\n<li>This technical structure suggests the correction has likely completed, with the price now establishing a new support base for potential continuation of the broader uptrend.<\/li>\n<li>In the last hour, Bitcoin demonstrated a notable recovery pattern, climbing from $104,146 to $104,303, with significant bullish momentum emerging at 14:01.<\/li>\n<li>Price surged from $104,188 to $104,323 on substantially higher volume (429 BTC traded).<\/li>\n<li>The price action formed a clear consolidation range between $104,077 and $104,263 before the breakout, with key support established around $104,080-$104,090.<\/li>\n<\/ul>\n<p><strong>External References<\/strong><\/p>\n<ul>\n<li>&#8220;<a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-extends-losses-105k\/\">Bitcoin Price Extends Losses \u2014 Is More Downside on the Horizon?<\/a>&#8220;, NewsBTC, published May 30, 2025.<\/li>\n<li>&#8220;<a href=\"https:\/\/dailyhodl.com\/2025\/05\/30\/bitcoin-at-risk-of-breakdown-if-major-support-level-fails-says-trader-justin-bennett-here-are-his-targets\/\">Bitcoin at Risk of Breakdown if Major Support Level Fails, Says Trader Justin Bennett \u2013 Here Are His Targets<\/a>&#8220;, The Daily Hodl, published May 30, 2025.<\/li>\n<li>&#8220;<a href=\"https:\/\/www.cryptopolitan.com\/bitcoin-price-prediction\/\">Bitcoin price prediction 2025-2031: Will BTC hit $150k soon?<\/a>&#8220;, Cryptopolitan, published May 31, 2025.<\/li>\n<\/ul>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global economic tensions and trade policy uncertainties continue to influence cryptocurrency markets as Bitcoin recovers from a recent correction. Despite the pullback, institutional interest remains strong with firms like Strategy (formerly MicroStrategy) and GameStop adding BTC to their corporate treasuries. Technical Analysis Highlights The 24-hour period shows a clear bottoming pattern with strong volume support [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29615","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29615"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29615\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}