Lately alot have being on going and Bitcoin have kept it solid stance in terms of price recovery and consistent positive signs, despite the many fomos of wars and other external news that created forces to impact global assets Price which Bitcoin is one of source, better still Bitcoin is able to keep the momentum by creating some form of positive price increase that suggests a rather bullish momentum, what can we say of the current Bitcoin price and which direction are we heading to?
Although I am pleased that the war didn't escalate to involve other Middle-East countries. The ceasefire was instrumental to the stabilization of the global economy. However, showing less volatility might be an indication that it is becoming immune to a certain level of fuds. Currently, I am observing market reactions to Trump’s tariff deadline. The US had mandated its trading partners to make a deal before Wednesday, the 9th of this month. An extension of this deadline or positive news from US trading partners will be good for the market. But another imposition of high tariffs might have a contrary effect.