Basic points:
- US President Donald Trump has announced a new wave of mutual invoices in various countries, which officially entered into force at midnight on August 1st.
- Trump recently shared on the truth platform that he ordered two nuclear submarines to be placed in the “appropriate areas” in the midst of escalating tension with Russia.
- The Bitcoin price teases a Bearish distribution under the bull -flag support voltage, implying the sale pressure on the market.
- The BTC value placed above 50, 100 and 200 daily exponential mobile average indicates that the wider voltage of swelling is intact.
Pioneer Cryptocurrency Bitcoin dives 1.67% during US market hours to market $ 113,847. This sale pressure came around the scaled word war between US President Donald Trump and Deputy President of the Russian Security Council, Dmitry Medvedev. Bearish dynamics accelerated, as Trump announced new mutual invoices in various countries, which were released on August 1 at midnight. The BTC price is currently a bearish damage to the bull -flag support voltage, signaling the risk of prolonged fall.
Bitcoin price reacts to US-Russia nuclear warnings
Since mid -July, the price of Bitcoin has escaped between the two horizontal levels of $ 120,000 and $ 117,000, which accelerated the wider uncertainty of the market. However, market sales pressures have suddenly accelerated in the last 48 hours and the Bitcoin price sank from $ 117,833 at the current trading price of $ 113,967, representing 3.28%.
This care can be attributed to the escalation of geopolitical tensions between the United States and Russia. On Thursday, former Russian President Dmitry Medvedev issued a strong warning to Donald Trump, urging him to consider “how dangerous the legendary” dead hand “can be, which refers to the nuclear system of nuclear prey.
In recent TruthTrump called on Medvedev’s statement “particularly provocative” and said: “I have ordered two nuclear submarines to be placed in the right areas.”
As tensions escalate between the two nations amidst nuclear weapons talks, the encryption market begins to feel the pressure.
The sale pressure was further accelerated, as Trump recently imposed a huge amount of new reciprocal prices in various countries. The new invoice came into force in the midline on August 1, 2025.
Breaking: President Trump imposes a huge amount of new mutual prices, such as:
1 Canada: Invoices rise from 25% to 35%
2. Switzerland: 39%
3. South Africa: 30%
4. Taiwan: 20%
5. Vietnam: 20%
6 Cambodia: 19%
7. Thailand: 19%
8. Malaysia: 19%
9.…– Kobeissi’s letter (@kobeissiletter) 31 July 2025
Also read: India’s Forex Stocks rise to $ 698.19 billion: RBI report
BTC price teasing under Bullish flag pattern
Daily analysis of the Bitcoin price map reveals that the recent market correction has resonated within two voltage down-to-bed of a flag motif. The diagram adjustment is characterized by a long rising voltage called pole, which emphasizes the dominant upward voltage in value, followed by a temporary pleasure to regain dynamics.
Historically, the pattern has usually appeared in an established upward trend to restore the expanded momentum for a higher rally.
With a loss of 1.6%, the currency price teases a damage from the lower limit of the plan to $ 113,270. A Bearish distribution of a famous swelling pattern would mark the growing power of the seller and the risk of prolonged price correction.
If implemented, the BTC value could sink into the next immediate support of $ 110,519, followed by a dive at $ 105,200.
However, the BTC price is still placed above 50, 100 and 200 exponential mobile averages, indicating that the broader market feeling is swollen.
On the contrary, if the price of the coin manages to maintain the structure of the flag, the current correction can extend, but gradually restores the exhausted swollen momentum for the next jump.
Also read: Mill City introduces $ 450 million in a Treasury Sui strategy as the price faces Bearish Breakdown