Bitcoin Sinks Below $107.5K as Tariff Concerns from Trump Ignite Crypto Market Drop

Bitcoin Dips Below $107,500 Amid Trump’s EU Tariff Alert, Triggering Crypto Market Sell-Off

Bitcoin experienced renewed selling pressure following a tariff warning on the European Union from former President Trump, causing the price to break a critical support level around $107,500.

The market has established firm resistance near $108,300 on heavy trading volume, while buyers continue to hold the $106,700 to $107,000 support band.

A brief surge from $107,373 to $107,671 occurred between 13:06 and 13:36, but was quickly reversed as sellers regained control.

Currently, Bitcoin trades within a narrow compression zone, sandwiched between two significant fair value gaps that may dictate the next directional move.

If buyers push above the $109,000-$110,000 range, Bitcoin could target resistance beyond $112,000. Conversely, a fall below $107,000 may lead to further declines testing liquidity near $106,000.

Key Technical Points:

• Intense selling volume of 16,335 BTC between 22:00 and 23:00 on May 24 set resistance around $108,300.
• Support was seen at $106,700-$107,000 during early May 25 trading, though price action has remained subdued near $107,500.
• Technical patterns indicate a short-term bearish bias, with consolidation likely before a clearer trend emerges.
• A sharp price jump near $150 and volume spike at 13:35 created a temporary ceiling at $107,630.
• Buyers defended support near $107,400 late in the trading session, continuing the correction from the recent $109,239 high.