Bitcoin steadies at $93,000 as market braces for a bumpy week in trade war rhetoric from Davos

Bitcoin is currently steady at $93,000, with a volatile market expected due to trade war rhetoric anticipated in Davos. This situation is particularly linked to former President Trump's tariff policies, which could have significant implications on the crypto market. A Kraken executive warns of potential volatility over the next few days from such statements. Market participants are concerned about this influence and need to prepare for increased volatility. Traders are focusing on whether the price can maintain the $93,000 level, and they are considering actions for any potential moves. However, as there are no specific support or resistance levels mentioned, it may be wise to take a neutral stance at this time.