He believes there is more than a 50% chance that Bitcoin will reach a new peak before the end of June. However, he also points out that the market is currently dealing with economic uncertainties that need to be absorbed before Bitcoin can continue its upward trend.
I believe Bitcoin and the market are on the path of recovery just recently; the tariff imposition is a big risk for the American economy and with all the retaliatory happening on both sides, the trade may harm the Americans, so Trump have to backtrack, but with Trump's uncertainty on his decision, the market could drop again. Yes, Trump pushed the Bitcoin to a better position, but there is also a possibility of a downturn if Trump makes a bad decision again, all for his idea of making America great again.
President Donald Trump granted temporary tariff exemptions for Canadian and Mexican goods covered by the North American trade agreement known as USMCA until April 2.
Trump tariffs: U.S. pauses tariffs on some Canadian, Mexican imports until April 2