BitWise doubles a decrease of $ 200,000 in Bitcoin price amid commercial tension

Crypto Investment FIRMENT BitWise has doubled its great prediction in the price of Bitcoin this year despite the escalation of global trade tensions.

“In December, BitWise expected that Bitcoin would end the year with $ 200,000. I still think this is in play,” I still think this is in play, ” He said In a blog post on April 9.

He suggested that the repercussions of US President Donald Trump Payment of a global tariff It can be useful for bitcoin (BTC) And Crypto because his administration “wants a weaker dollar, even if that means ending its role as a backup currency in the world.”

Hogan was martyred on April 7 letter Written by Steve Miran, head of the Economic House of Economists at the White House, who criticized the state of the dollar reserve as “continuous currency distortions” and “unimportant trade deficit” that “destroys” American manufacturing.

Hagan said that the weakest weaker can have short -term and long -term effects on Bitcoin.

In the short term, twice the dollar Historically associated He added that with the strength of Bitcoin, quoting the US dollar index (DXY).

“The dollar down is equal to Bitcoin,” Hogan said. “I expect this style to continue.”

DXY, which compares the value of the US dollar with a basket of six main currencies, has decreased more than 7 % since the beginning of 2025, According to To TradingView.

In the long run, Hogan said that the disruption of the global backup system creates opportunities for alternative reserves, including bitcoin and gold.

“Governments and companies resort to the dollar specifically for international trade because of their stability. When this stability becomes a question, they must search elsewhere.”

the bitwise The CEO concluded that the world will move from one backup to “a more broken reserve system, with harsh money like bitcoin and gold plays a greater role than today.”

Earlier this week, you are He said China and Russia are said to have settled some power deals in Bitcoin as Trump increased the trade war.

On April 9, Trump issued a temporary stop for 90 days on all the “mutual tariff” that was almost announced earlier, while keeping a 10 % basic tariff on all countries alongside China, which combines a tariff of 125 %.

Bitcoin will be the fastest horse

Cleante Clemente and analyst dealer He said On X that “Bitcoin will be the fastest horse” that comes out of this clouds.

Related to: The time to buy bitcoin? Now – explains Cio Matt Hougan BitWise why

He added: “It is a pure reflection of liquidity and the absence of profits, if anything, the inequality uncertainty/get rid of the sale in Bitcoin.”

BTC is 7.5 % over the past 24 hours to $ 81,700. It has seen a correction of about 32 % of its height on January 20 at all, in line with the decline in previous emerging market courses.

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