Post
Topic
Board Economics
Re: Are you enjoying Trump?
by
Huppercase
on 16/03/2025, 21:00:49 UTC
You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.

Globally, he has affected me because of his revised policies and the way they make some rules in some countries but within the country, it can only be two side of it. Whenever there is a policy change, there will be some people that will suffer from it and there is going to be people that will enjoy from those rules changes, he was been charged and have almost a millions likes On X about those more policies, those could be bots actions but human contributed and I'm sure it's people that likes the policies.

Back to crypto, I don't like his exposure on crypto, his support has given us a green light from the beginning but it's not looking like it's something he promised in the first place. Bitcoin is just staying in one place and looking like we might go down further is we don't move from here back to $90k, the Macd is double crossing and that means on the monthly chart, we will experience more sell pressure and that means only one thing, we will see more lows of Bitcoin price.