Quote from: cryptotact11 on May 23, 2025, 09:02:22 PM

Quote from: xhomerx10 on May 23, 2025, 08:17:38 PM

Bitcoin is into its 7th weekly green candle which is an historically rare occurance; we were already poised for a consolidation or correction.

tumbled... lol

The wordings are usually too strong for the little percentage movements that Bitcoin does nowadays, sure. But the quantity of liquidations on futures was massive. Just as people turned bullish again, a small crash was induced with the idea of tariffs. EU sucks in many ways, he should strong arm them for sure.

Quote from: NotFuzzyWarm on May 23, 2025, 08:37:39 PM

Ja.
Trumpolini is just pulling his usual spoiled child act when things do not go as he envisioned. One thing ya gotta love is that he's going after Apple with a 50% tariff because none of their products are made in the USA. Apple planned to move some production from China to India so Trumpolini of course threw a fit over it.

Good for USA, bad for globalists, but trump said it so it is bad. Roll Eyes

Quote from: Churchillvv on May 23, 2025, 08:57:59 PM

I'm really pissed with his decision making and how it affects the market especially bitcoin though indirectly but it is what it is.

Their trade deals are shit and often unfair in terms of percentages that are imposed on products, not on total balances in USD. His approach is radical, but what would you do? Continue to let poorer countries bleed you dry? If USA can accept your products, then you in return accept theirs at the same rates. Minor exceptions apply, but they are not worth noting if you have common sense.

Yes, the answer is easy: you don't want tariffs on you, don't put them on the US. (And take illegals back and stop sending drugs.). This didn't come out of the blue, everyone who was benefiting doesn't want reciprocal free trade as you see from the complaints from the globalist far left extremists.