Bitcoin
Long
Updated

Bitcoin & Tariffs

114
📉 In the short term, Trump's proposed tariffs add to the current risk-off sentiment—ETF flows, correlations with stocks, and macro uncertainty are already weighing on Bitcoin.

🗣 While debates rage on about whether tariffs will hurt importers or exporters or whether Trump will roll back some after negotiations, one thing is certain: inflation. And inflation is historically a positive for $BTC.

🌊Liquidity injections, growth of money supply (M2) and potential QE will follow as a weak economy struggles with disrupted supply chains—another long-term positive for Bitcoin

⚖️ During trade wars and geopolitical uncertainty, investors run to gold. With Bitcoin’s correlation to gold, this could be another tailwind

💡 So while tariffs may be a short-term drag, structurally, they are bullish for Bitcoin in the long run. You also need to remember that quite a lot of negativity is already built into the price, and if there is no new round of counter-tariffs, positive sentiment may appear sooner.
Trade active
#Bitcoin & Macro Update

📝As I said earlier, tariffs may be a short-term drag, but they are bullish for Bitcoin in the long run. And what we see now is that Bitcoin remains structurally strong.

🧠 While headlines focus on risks, the deeper driver is liquidity. Historically, expansions in global money supply (M2) have been a key tailwind for Bitcoin, and BTC continues to mirror M2 with a 3-month lag.

snapshot

💡 Some short-term pullbacks are still possible, but overall, I expect the broader uptrend to continue. This will provide a breath of fresh air for the crypto market, which we are already beginning to witness.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.