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Watch These Bitcoin Levels as Price Drops on Concerns About Impact of Tariffs

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Source: TradingView.com Key Takeaways Bitcoin retreated below $95,000 on Sunday over concerns about the potential impacts of the tariffs announced by the Trump administration on Canada, Mexico and China. The cryptocurrency's price has carved out two peaks around the same level between December and January, potentially forming a double top, a classic chart pattern that signals a downside reversal. Investors should monitor crucial support levels on bitcoin's chart around $92,000, $87,000, and $74,000, while also monitoring a key overhead area near $106,000. Bitcoin (BTCUSD) retreated below $95,000 on Sunday over concerns about the potential impacts of U.S. tariffs imposed on…

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