Bitcoin He hasn’t made it past $72,000 and is repeating what he’s been doing for months. If there are no closes above the resistance, support tests and the scenario where they are broken are put into action. This is what we are currently seeing. While the super cycle story is interesting, Bitcoin follows the four-year cycle path and Trump is pushing it.
The Real Cryptocurrency Drop
With Friday’s decision, the issue of customs tariffs, which was resolved in 2025, came back to the agenda. trump Although he says that the different powers given to him by the law still allow double-digit taxes, he does not sign the EU trade agreement. Soon China will alsoSupreme Court There is a potential to say, “Things have changed after the decision, the agreement is cancelled.” Trump said that those who resort to this scenario will face painful consequences.
So it is possible that we will experience a repeat of 2025 for at least a few months. That’s why US stock markets turned downward again.
“Loss are accelerating in U.S. stocks, with the Dow, S&P 500 and Nasdaq 100 indexes currently down 1% or more. Trade war volatility is back.” – TKL
The decline in US stock markets heralds greater losses for cryptocurrencies. The stock market is not far from its peak yet, but cryptocurrencies It was too worn out. If the overselling environment intensifies due to the stock market, this means that new February lows are at the door for Bitcoin and cryptocurrencies.
Sales Continue
Iranian Tensions remain, tariff wars are starting again, and the AI bubble is still active. The conditions are very suitable for the stock market to experience nightmare days. Moreover, Trump said last year that “if the tariffs are canceled by the Supreme Court, it will mean destruction for the stock market and our economy.”
For short-term investors, the 7-day EMA of Net Realized Profit and Loss has fallen to -$1.24 billion per day. As investors continue to “sell at a loss”, the environment is preparing for more to happen.
Nic shared the graphic above and said;
“Bitcoin He lost 65 thousand dollars again. Frankly, I don’t think the recent decline has anything to do with crypto. Tariff news caused a 4.8% decrease and the price fell to 64 thousand dollars.
The crypto market lost $100 billion in value in 24 hours.
US spot ETFs experienced outflows for five consecutive weeks and withdrew $3.8 billion. This is the end cryptocurrency It wasn’t about the bill either – but it didn’t help the situation either. Macroeconomic uncertainty and negative flows are draining liquidity. As long as tariff headlines continue to fluctuate and ETF cash flow continues, it’s best to keep an eye on the $60k level.“
