Will Trump 90D back down from the customs tariff, which leads to the collapse of arrows and encryption?

The prices of cryptocurrencies wore the past few days, and to help Donald Trump’s decision to stop the customs tariff in most countries. Bitcoin price increased to nearly $ 85,000, while major currencies such as Flare, Fartcoin, Ethereum and Pepe rose with double numbers. This prediction at the encryption price is explored why Trump may back down from his 90 -day default, which leads to a decline.

The price of shares and encrypted currencies increased after Trump stopped being fought

The stock and encryption market recovered last week after Trump decided to put A. Stop for 90 days on customs duties From more than 70 countries. This measure sparked confidence that it was flexible and ready to negotiate with cooperating countries such as Japan and South Korea.

Then the administration announced that it would be excused Definitions on common products such as smartphones And the connector nets. The reason is that the 145 % customs tariffs on the Chinese iPhone devices would have made it unreasonable for Americans. It was also possible for people to make the prices before and after the customs tariff.

This decision helped raise most of the technology shares, as the NASDAQ 100 index jumped with more than 310 points. Apple shares jumped by 3.8 %, while Microsoft increased by more than 1.5 %. Other technology shares such as NVIDIA and AMD jumped.

There will be a continuous gathering of technological stocks well for the encryption market because they are linked. This explains why bitcoin and others Encryption prices Solana has recovered in the past few days.

The encryption market will be disrupted if Trump ends 90D

The risk of encryption price is that Trump is known to change his opinion frequently, especially when it caused the FOX news story.

For example, he changed his opinion several times last week when he continued to increase the customs tariff on Chinese goods, and finally got 145 %. Then he changed his opinion by excluding smartphones and other electronics from the tariff list.

Therefore, it may feel bad now because China has not responded to its definitions on the electronics by reducing it. Such a step would lead to the collapse of strong encryption prices with a high risk of stagnation.

Technical analysis of bitcoin prices

The last bitcoin price indicates what can be expected from another encryption price if it ends the temporary suspension period for 90 days. The daily graph shows that the currency has been less than 50 days moving average, a sign of the survival of the declining pressure.

This scheme also shows that the currency does not move in a specific direction. Therefore, a decreased support collapse cannot be excluded at $ 76,495, which is its lowest point on March 11. Another lower decrease than this level will indicate a further decrease to $ 70,000. It will also lead to a deeper sale of two other players in the encryption market.