Half an hour ago, Trump recommended imposing a 50% tariff on the European Union starting June 1 (in a week). The markets immediately dropped.
The correction was expected. BTC may fluctuate between $100,000 and $110,000 for a while, which is the previous ATH area (I explained this in yesterday's video). Therefore, I placed a limit order instead of buying here.
- I do not expect a new crash like in February. The market understands that Trump's tweets are just a negotiating tactic. The European Union will respond with threats, and the price may drop further, but eventually, negotiations and reduced tariffs will come, as happened with China.
BTCUSDT
Perp
90,540.2
-2.13%
BNBUSDT
Perp
893.4
+0.86%
SOLUSDT
Perp
133.84
-3.23%
