The tariff war that US President Donald Trump declared him to the world seems to have no end. The President is currently opposed to the European Union.
In his account of the true social platform, Trump wrote that the European Union was “created with the main purpose of using the United States in commercial terms.”
He adds to the message that his strong commercial barriers, VAT, ridiculous corporate sanctions, non-operating commercial barriers, financial manipulation and unfair demands on US businesses have created a commercial deficit with the US.
Trump ends the message Recommendations that look like “threat” or warnings:
Our conversation with them is not rewarded! Therefore, as of June 1, 2025, we recommend a direct 50% tariff on the European Union. If the product is manufactured in the US, customs duties will not apply. Thank you for your time!
Donald Trump, President of the United States
Predicting the escalation of disputes that appear to have been resolved as a result of this message; Investors escape assets that are primarily considered “risk”. Also, Bitcoin (BTC) is not exactly a risky asset, but most are usually seen as such, especially in times of crisis.
The previous graph shows how BTC works over the last 24 hours. The fall is still underway. For the rest of the day and the weekend, we will have to wait to see how digital currency prices evolve.
Bitcoin can surprise the market
In this context, at a very disadvantage at first glance, it is important to remember that if something stands out in Bitcoin, it is a rapid recovery ability. He has already demonstrated that before (for example, the fall of 2020 and rebound, the Covid-19 pandemic).
As Cryptootics now reports: Institutional and corporate FOMOs were unlocked by the BTC. Large investors put millions of dollars in Bitcoin, but prices don’t seem to matter as they act on a long-term vision. For them, each fall could be a purchase opportunity, and those purchases exert bullish pressure in favour of recovery.
Generally, bandists’ expectations continue this year. Professional trader and market analyst Willie Wu says Bitcoin can quickly search for a $118,000 zone. Despite today’s bad news, this analysis may still be valid.
For now, we can consider that Bitcoin is bullish Or, at least, this shows a classic trend indicator that is the intersection of mobile socks (simple or index) on the 10th and 20th.
Consider that BTC is an unstable asset. Bass correction does not necessarily cancel macrotenses That remains for now.
