After seeing the summit of Mount Horror related to tariffs, the price of Bitcoin began to rise. In crypto coins Decreases and rises give investors feel that it will continue forever. But at some point, things are always reversed. This is sometimes in favor of the bears.
Why do crypto coins increase?
Yet in subcoins There are no big turns but BTC The recovery in the price paves the way for greater increases in crypto currencies. Despite the US market opening many altcoin It continues its way with an increase of over 3 percent.
The main reason for the rise in the markets is that the atmosphere of discussion in tariffs has now returned to the negotiation environment. The United States is negotiating with many countries and Trump is currently not able to reduce interest rates to Powell during this transition process. This means that in order to avoid a major crack that will affect the election results in the economy, it should turn to alternative plans.
If the Fed does not download interest and the June meeting (I am talking about the next meeting that there will be no discounts in May), if there is a long time, it is possible to sign alternative agreements with Trump’s commercial partners in order to avoid irreparable wounds in this process.
If the opposite is the opposite, for the rapid reversal of today’s rise Chinese And the US must return to the vicious circle of mutual tax increase and even make mutual black list moves.
Bitcoin (BTC)
A point after continuous decreases and easy -to -sell opportunities on the hill BTC The price had to increase. That’s how it happened. What is decisive here will be the support of the 88,500 dollar level as support and whether the movement will continue to $ 92 thousand. If the rise does not continue, the bears will continue to fold their money with an easy -to -sell opportunity from another summit.
On the contrary, in the scenario, the rise of 7 billion dollars is closed to 90 thousand dollars with the closure of the increase in crypto currencies are expected to accelerate. It would be surprising that the nightmare that has been going on for months is now possible to reversed 3-4 weeks, even in the bear markets, while not to see a longer break after halving. Investors in subcoins It must be prepared against possible speculative sudden rise.
On the empty side of the glass, Trump retains his potential to ruin everything from the upper curtain again.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
