I do not believe that this will make bitcoin collapse as seen as in many headlines (if you were to ask me, I think a lot of critics are hoping bitcoin crash lol) that I see. It just sucks that this economic/political decision has stopped (for now) bitcoin's journey to more aths. Do you think that had Trump not done this, will bitcoin go on to reach a new ath this week or at least before the month ends or do you think that Trump's announcement did not really make any difference as it would have gone to a similar ending?
Trump and the media are a joke thinking that such outburst news can dump bitcoin severely. I feel it's just the usual market reaction towards news of this nature, and more so, the timing of Trump releasing such 50% tariff news on EU could have just been a coincidence with a market correction after the highs bitcoin made during the week.
I am still green on bitcoin this year. I mean this has been the longest bull run I have seen for bitcoin market and certain things must have influenced this long bull which are way beyond Trump's tariff saga.