Honestly, this pullback was expected after Bitcoin struggled for weeks to break resistance at the $89,000 level. Now we're finally seeing the dump, and if I'm not mistaken, this might be the first 'lower low' of the year... and it probably won't stop here...
Don't you see any connection between Trump's statements and the dump on the stock and cryptocurrency exchanges? I think that Trump's next statement on the suspension of trade duties will be enough, and the market may grow by 10-15% on such news.But today we saw what I wrote about 2 days ago: Trump announced a 90-day pause in relation to a number of countries and a reduction in tariffs to 10% - https://truthsocial.com/@realDonaldTrump/posts/114309144289505174 And we can see how the stock and cryptocurrency markets reacted to this news with a 10% increase. So you don't have to look at the charts, you need to keep an eye on Trump messages)
Well obviously, we can see that after being paused, the market suddenly turned green. It seems that institutional investors all over the world have regained hope.
So, it just shows that the implementation of the tariffs that Trump did was not good.
In short, Trump failed in what he did, because the US itself was also affected in my personal opinion. And we really saw that because several trillions of dollars were lost after
just 15 minutes of its announcement last week.