Bitcoin price levels to watch as Trump delays EU tariffs

3 weeks ago

Key points:

US President Donald Trump has extended the deadline of a projected 50% tariff connected EU goods to July 9.
A impermanent easing successful commercialized tensions could assistance substance Bitcoin’s rally to caller all-time highs.

Bitcoin’s (BTC) terms climbed backmost supra $109,000 during the precocious trading hours connected May 25, arsenic traders responded to President Donald Trump’s determination to hold the implementation of tariffs connected EU goods until July 9.

Data from Cointelegraph Markets Pro and TradingView revealed that BTC roseate by arsenic overmuch arsenic 3.2% to an intraday precocious of $110,100 connected May 26 from a debased of $106,660 connected May 25.

Trump extends EU tariff deadline

Bitcoin’s betterment supra $109,000 followed Trump’s determination to hold a projected 50% tariff connected European Union goods, easing commercialized tensions and fueling renewed optimism crossed hazard assets.

This determination came aft a telephone with European Commission President Ursula von der Leyen, who said that the EU needed until July 9 to “reach a bully deal” with the United States.

Good telephone with @POTUS.

The EU and US stock the world’s astir consequential and adjacent commercialized relationship.

Europe is acceptable to beforehand talks swiftly and decisively.

To scope a bully deal, we would request the clip until July 9.

— Ursula von der Leyen (@vonderleyen) May 25, 2025

Trump had initially proposed a 20% tariff connected astir EU imports successful April, aboriginal reducing it to 10% to let clip for talks.

On May 23, helium threatened to rise tariffs to 50% by June, causing Bitcoin to dip beneath $108,000, reflecting marketplace sensitivity to commercialized tensions.

Market participants said the hold placed Bitcoin backmost connected way to proceed its uptrend.

“Bitcoin volition pump again,” said pseudonymous BTC capitalist Random Crypto Pal successful effect to the news.

“Bitcoin is gaining momentum due to the fact that of Europe tariffs delays (July 9),” said chap Kevin T, adding:

“I anticipation they settee everything and fto the marketplace spell ace bullish.”

BTC terms headed for an 8-week triumph streak

BTC’s adjacent supra $109,000 connected May 25 was the seventh consecutive bullish play close, arsenic shown successful the illustration below.

If Bitcoin continues to support its upward trajectory, it is apt to adjacent greenish for the eighth consecutive week connected June 1.

Historically, specified a script has preceded six to 12 months of affirmative terms action.

“Since 2014, an 8-week streak of greenish play closes has occurred lone 3 times,” said crypto expert and trader Carpe Noctom successful a May 26 station connected X, adding:

“Following 8 consecutive affirmative play closes, the marketplace has historically been antagonistic 1 week later, but has ever been affirmative 6 months and 1 twelvemonth later.”

If past repeats itself, BTC could proceed rising this week, past driblet oregon consolidate adjacent week to retest cardinal enactment levels earlier entering a parabolic phase for the remainder of the year.

Key Bitcoin terms levels to watch

Bitcoin indispensable flip the all-time precocious astatine $111,900 into enactment to proceed its terms discovery.

As Cointelegraph reported, BTC terms could rally to caller grounds highs of $130,000 if the bulls propulsion supra the $109,588 to $111,980 overhead absorption zone, BTC/USD indispensable clasp supra the play adjacent astatine $109,0 for this to happen00. Below that is simply a large request portion from $104,500 to $106,000.

Other levels to ticker connected the downside are the regular enactment astatine $102,500, which supported the terms betwixt May 9 and May 19, and the intelligence level astatine $100,000.

Trader Micky Bull said it was “very critical” for the BTC/USD brace to adjacent the time supra the erstwhile all-time precocious of $109,000 reached connected Jan. 20.

MN Capital laminitis Michael van de Poppe pointed retired that if Bitcoin continued “holding connected to the constituent of interest” betwixt $105,500 and $107,000, it could spot caller all-time highs implicit the adjacent fewer days.

“On to $125,000 into June.”

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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