We are moving towards a new week and crypto currency The face of his investors laughs when he looks at the graphics. Bitcoin, who managed to remain strong despite negative developments 
$118,024.47 It created a better environment for subcoins. What are the expectations of market analysts as of Monday? Despite the risks, we consider the ongoing rise and the latest graphic interpretations for you.
Bitcoin (BTC)
When the article was prepared BTC price It rose to $ 118,500 and the daily summit is at $ 118,636. Although the EU tariff letter was sent yesterday, the markets did not care about it. In April, we have seen how great losses of similar conditions triggered. More recently, these debates brought new bottoms.
At the point we come today, the markets don’t care about bad news. Just like he didn’t care about the good news for months. Daancrypto shared the graph below and pointed to the upcoming volatility.
“The usual boring weekend. BTC CME on Friday is lingering around the closing price. As I approach the reopening of the futures on Monday, I expect the volatility to increase again after a few hours. The main issues I will pay attention to this week are whether BTC and ETH will maintain their last break, and how EU/Mexican customs duties of 30 %will result in. These tariffs are higher than the tariffs of liberation, but all other tariffs are reduced or postponed, the market does not give importance to these tariffs. ”
Why didn’t the tariffs decrease?
We saw the same thing towards the end of the Iranian incident. The markets became insensitive with the assumption that they were confident from the agreement and that negotiations were held in the background and the rise had begun before the ceasefire. Today, tariffs have lost their credibility.
The reason is clear;
- January Trump: I will explain the tariff rates soon and will be valid immediately. There will be no bargaining.
- February Trump: Tariffs are not the subject of bargaining, and we will not reset the interlocutor countries without resetting taxes. Either produce in the USA, either reset taxes or pay the bill we cut.
- A few days after the February announcement, Trump: I give 3 months of respite and I will never extend it. Keep your hand quickly.
- June Trump: The last day of July 9 and tariffs will be activated immediately. Either reset taxes or pay the tax at the rates we cut.
- July Trump: I’m sending tariff letters. It has time until 1 August.
This year, EU, Canada, China, Mexico and Trump played many games. He said he would immediately commission his exorbitant customs duties to bring them to the table. The story ends the same way every time. The markets expect the same thing to happen in August. Because what Trump has done with what he said, and the fact that he did so many bluffs damaged his credibility.
Now Crypto Coins That’s why he didn’t care about the tariffs.
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.
