How will Trump's next move affect the crypto market?

Crypto News – After the tariffs, we are currently in the midst of a chaos, and there are many question marks in the minds of investors. Trump initially stated that he wanted to weaken the dollar, and as a result, he tried to create an imbalance with the tariffs. In other words, he wants to change his entire balance sheet, and we can actually say that he is making a correct move. With this strategy, he could create an opportunity to solve the deep-rooted issues of the US. In fact, the current situation is part of a much larger move, but no one can foresee what will happen in the future.

The price of Bitcoin is trying to break the resistance level amidst all this chaos, and it has caused a lot of uncertainty by breaking the candle downwards. Following the decline in Bitcoin, the NASDAQ 100 index also lost a lot of value, leading to many negative scenarios. Earlier this month, the dollar saw a significant downward movement, and essentially the scenario that Trump wanted has occurred. The yields are also starting to decline as we wished. However, altcoins continue to bleed, and the entire markets are experiencing a huge shock.

When we look at historical data, unexpected opportunities can arise after such periods. It seems very likely that countries will make an agreement or withdraw tariffs in the coming periods because they actually achieved what they wanted, which means lower returns and a weaker dollar have started to emerge. This has also revitalized the economy in the medium term. Therefore, we don't really need to think so negatively about the markets.

The cryptocurrency market is experiencing a collapse under the influence of macroeconomic events. Clearly, we need to look at different charts to understand this approval. Therefore, we need to examine the BTC/ETH chart alongside gold. With the onset of a downward movement, gold has nearly doubled, and we are essentially peaking on the RSI indicator. In other words, gold seems to be expanding a bit too much and is likely to lead to a change in risk. Volatility is peaking on the hourly charts for gold, and we see that Bitcoin is rising at the moment gold starts to fall.

However, if the NASDAQ 100 index and technology stocks continue to decline a bit further, Bitcoin may pull back. However, if gold also starts to drop, the Bitcoin pairs in altcoins may rise. As a result, the cryptocurrency market presents a quite complex picture.

The information in the content of the article is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not responsible for your profit or loss arising from the investments you make. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.

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