Bitcoin has been following United States stocks in trends like never before. During the election, Trump helped bitcoin to increase but the tariff he is imposing on other countries makes the United States stocks to suffer while bitcoin is part of the assets that was affected.
He started with China, then Canada and Mexico. Bitcoin price fall. He moved to European Union countries and the price continue to fall. The latest he imposed was on imported cars which was two days ago. The market did not react fast but later bitcoin fall again as you can see.
When Trump was elected, it was gold that suffered. It fall from I think $2900 to $2500. My price is not that accurate but the fall was significantly with the price I posted. Later gold start to increase again. It is not moved by the Trump's tarrif because and it continues to increase and hit ATH. Gold is now above $3050 as stocks and bitcoin suffers.
What bitcoin community did not know was that we do not need Trump. Bitcoin was $0.003 in 2009 but it has continue to increase. During Biden/Gensler time that was told to be hostile, bitcoin increased significantly. Bitcoin was approved in the United States.
The reason some people go for Trump is because of altcoins which are pump and dump and not a store of value as they do not get to ATH after they become an old coin. We expected something better but what we saw were Trump and Melania coin.
It is strange that you have only now realized that Trump is a walking threat not only to the stock market, but also to the cryptocurrency market. From the first days of his presidency, the whole world was in shock. And this means that the storm will be very strong. A change in trend is inevitable. This is what we are seeing. We should definitely not expect anything positive. Large investors are hard to fool. They are well aware that they need to choose more reliable assets.He started with China, then Canada and Mexico. Bitcoin price fall. He moved to European Union countries and the price continue to fall. The latest he imposed was on imported cars which was two days ago. The market did not react fast but later bitcoin fall again as you can see.
When Trump was elected, it was gold that suffered. It fall from I think $2900 to $2500. My price is not that accurate but the fall was significantly with the price I posted. Later gold start to increase again. It is not moved by the Trump's tarrif because and it continues to increase and hit ATH. Gold is now above $3050 as stocks and bitcoin suffers.
What bitcoin community did not know was that we do not need Trump. Bitcoin was $0.003 in 2009 but it has continue to increase. During Biden/Gensler time that was told to be hostile, bitcoin increased significantly. Bitcoin was approved in the United States.
The reason some people go for Trump is because of altcoins which are pump and dump and not a store of value as they do not get to ATH after they become an old coin. We expected something better but what we saw were Trump and Melania coin.
The weekly chart shows that the bearish trend is likely to continue. I do not see any signs of rate growth. With this red-haired grandfather, everything will only get worse than it is now.
