Quote from: Iranus on Today at 09:19:49 AM

Quote from: Orpichukwu on April 22, 2025, 11:43:57 PM

Quote from: asifbabbar on April 22, 2025, 12:58:06 PM

Bitcoin really shines when global trade gets messy. It’s like a breath of fresh air in the middle of all the restrictions and inflation. With everything happening in the fiat world, more people are turning to Bitcoin as a hedge, and it’s only going to grow stronger.

Everything happening in the fiat system will indeed push those who know more about bitcoin into it, but that does not mean that bitcoin will guarantee them a safe haven; it can give them a safe landing and not a safe haven.

If people saw it as a safe haven, they would be buying it in droves like they are buying gold and pushing gold up, not dumping it and pushing bitcoin down during the trade war. Bitcoin is not a safe haven yet.

Money is pouring into bitcoin and the price is recovering but not because people are looking for a safe place for their money. Because trade war has cooled somewhat as Trump has said he will reach a deal with China or there are reports that the Fed will soon cut interest rates. Trade wars, global instability...have never been good for bitcoin.

For BTC to pump, the market should remain confident without such events coming to the broader market.

Otherwise, we will be pulled back where we started and come back a full circle to the ATH.