Bitcoin price is falling when writing, but Donald Trump trade war might actually be bullish for Trump Bitcoin prediction in 2025 \u2013 here\u2019s why.<\/p>\n
You must have the so-called \u201cDiamond hands\u201d to hold onto your Bitcoin <\/span><\/p>\n <\/span><\/p>\n <\/p>\n right now<\/span>. The world\u2019s most valuable and stable coin dropped by over $8,000 in less than three days<\/span>.<\/span> By last Friday, it was trading at well over $104,000. <\/span><\/p>\n However, prices tanked to as low as $91,500 earlier today over what can only be described as a tumultuous weekend<\/span>. <\/span><\/p>\n There are various market factors to consider, including the possibility of the Q4 2024 bull run ending<\/span>, but Donald<\/span> Trump\u2019s tariffs on Mexico and Canada are largely to blame. <\/span><\/p>\n On February 1, the United States imposed a 25% tariff on all imports from Canada and Mexico and a 10% tariff on goods from China<\/a>.<\/span><\/p>\n Although Canada retaliated, the impact was minimal. As seen in Trump\u2019s first term, tariffs tend to create anxiety and market uncertainty\u2014a move investors hate. As expected, capital flew from risk-on assets, including Bitcoin and crypto, to safer assets like bonds and cash.<\/span><\/p>\n\n Despite concerns, financial analysts believe the very same reason why Bitcoin plunged over the weekend is what will propel it to record highs in the coming years. As the United States imposes strict tariffs on \u201cfriendly\u201d nations, the greenback will likely weaken in the global markets.<\/span><\/p>\n In a post on X, Jeff Park, the head of alpha strategies at the spot Bitcoin ETF <\/span>issuer,<\/span> Bitwise, said that coupled with falling bond yields, investors might consider other options, one of which is Bitcoin.<\/span><\/p>\n Park argues that Donald Trump is being strategic and is deliberately weakening the greenback to gain an edge in the export market. A weak USD also means the Trump administration can <\/span>easily<\/span> correct existing trade imbalances and make local products more competitive <\/span>internationally<\/span>.<\/span><\/p>\n This is the only thing you need to read about tariffs to understand Bitcoin for 2025. This is undoubtedly my highest conviction macro trade for the year: Plaza Accord 2.0 is coming.<\/p>\n Bookmark this and revisit as the financial war unravels sending Bitcoin violently higher. pic.twitter.com\/WxMB36Yv8o<\/a><\/p>\n \u2014 Jeff Park (@dgt10011) February 2, 2025<\/a><\/p>\n\n If anything, the analyst said this could be akin to a \u201cPlaza Accord 2.0,\u201d where the original agreement was struck between the United States and several countries, including Japan and France, to weaken the greenback.<\/span><\/p>\n Reading from this game plan, it is clear that risk-on assets like equities and crypto, mainly Bitcoin, remain bullish in the long term and are the \u201conly asset to own.\u201d<\/p>\n Watching how the markets handle these waves of restrictions from the United States will be interesting.<\/span><\/p>\n The more tariffs imposed, the slower the economy grows, and the faster inflation rises<\/span>.<\/span><\/p>\n The latter will favor Bitcoin, but if the economy is not growing as fast as expected, then <\/span>despite rising inflation,<\/span> capital might be restricted to cash and bonds.<\/span><\/p>\n For<\/span> these reasons, the short-term price action for Bitcoin and altcoins will be challenging.<\/span><\/p>\n From the daily chart, BTC is still struggling to contain losses. Although there are attempts to push prices higher, Bitcoin is still below $100,000.<\/span><\/p>\n\n (BTCUSDT<\/a>)<\/p>\n For the trend to continue, Bitcoin must spike higher and reclaim $105,000. On the flip side, any continuation that forces the coin below $90,000 may trigger panic, forcing a dump back to the $75,000 zone.<\/span><\/p>\n EXPLORE:\u00a0Crypto Trends For Bullrun \u2013 January 2025<\/a><\/p>\n Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n The post Bitcoin Prediction Suggests Skyrocket As Trump Trade War Takes Hold<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin price is falling when writing, but Donald Trump trade war might actually be bullish for Trump Bitcoin prediction in 2025 \u2013 here\u2019s why. You must have the so-called \u201cDiamond hands\u201d to hold onto your Bitcoin Price Volume in 24h <!– ? –> Price 7d right now. The world\u2019s most valuable and stable coin dropped […]<\/p>\n","protected":false},"author":0,"featured_media":41201,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-41200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/41200"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41200"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/41200\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/41201"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n <\/p>\nTrump Trade War and Tariffs on Canada, China, and Mexico<\/span><\/strong><\/h2>\n
Why Buy Bitcoin Now: Is Crypto The Ultimate Hedge From US Equities?<\/span><\/strong><\/h2>\n
What\u2019s Next for Bitcoin Price in Q1, 2025?<\/span><\/strong><\/h2>\n