Bitcoin wants to go up, but Trump’s tariffs aren’t helping: Will the admin TACO again?
2d ago•
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Escalating tensions between the US and China, President Trump digging in on tariffs and Bitcoin traders avoiding long leverage could push BTC price to new lows.
Key takeaways:
Deteriorating US-China relations, President Trump’s recent tariff expansion, and traders avoiding long leverage are adding pressure to Bitcoin’s downside.
Bitcoin could drop below $100,000, but analysts are hopeful that next week’s macroeconomic events will reverse the downtrend.
2d ago•
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