Bitcoin price risk decreases to 71 thousand dollars, as Trump’s tariff hurts business look at business

Bitcoin (BTCIt faces “high -risk” conditions from American commercial tariffs, which can stagger to $ 71,000.

He has The last analysisCharles Edwards, the founder of Bitcoin Investments and the Digital Asset Fund, warned of the impact of the “higher” American commercial tariffs.

“Higher than expected” US tariffs of bitcoin

Bitcoin reaction was Significantly From American stocks after President Donald Trump announced all over the world the mutual trade definitions on April 2.

BTC/USD decreased to 8.5 % a day, while S&P 500 managed to finish the Wall Street trading session by 0.7 %.

Edwards said that American business expectations reflect the type of uncertainty that were seen only three times since the beginning of the millennium.

“Considering this is that the customs tariff comes at the top of the expected. The Philly Fed Outlook Survey shows for expectations today similar to 2000, 2008 and 2022.”

A scheme accompanying the business survey showed in Philadelphia at the Federal Reserve Bank (BOS) under the age of 15 for the first time since the beginning of 2024. In late 2022, it was a hole from the latest encryption market when BTC/USD The opposite is $ 15,600.

In the latest Caproeol Market update On March 31, Edwards acknowledged that BOS data can produce unreliable signals regarding market morale but has argued that they should not be ignored.

“Although there is no guarantee of future expectations (this scale has wrong signals), this is reading data that we had before very dangerous areas (2000, 2008 and 2022), and we ask us to remain very open,” adding: ”

“Especially if the customs tariff war escalates significantly, exceeding the current expectations or corporate margins in the fall.”

For Bitcoin, the main level of watching it in the wake of the tariff is $ 91,000, as Capriole indicates that macroeconomic movements in the United States will decide “the final technical trend from here.”

The update, along with the weekly BTC/USD scheme, said: “Everything else is equally, the daily closure will be above 91 thousand dollars, a strong rising signal.”

“Failure to do so is likely to see a decrease in the area of ​​$ 71,000 bounces large.”

The BTC price focus on the direction of American liquidity

like Cointelegraph mentionedSilver lining for encryption and risk assets can come in the form of increased global liquidity.

Related to: Bitcoin sales at a rise of 109 thousand dollars at all “much higher” than the Jlassnode tops

In the United States, the Federal Reserve was already I started to reduce A narrow financial policy, with bets on a return to the so -called quantitative dilution (QE).

“How long is the Powell printer to start with the tinnitus?” Edwards asked.

M2 Money Supply, at the same time, is due to a “flow”, which was historically produced from the price of BTC upside down.

“Great ready -made meals (the most important note) is that the M2 flow is large. Exact history is less important.” x subject this week.

The comparative graph has alluded to a possible BTC price recovery by the beginning of May.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.