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Bitcoin (BTC) is facing increased downside risks, with a 22% chance of falling to $75,000 by March 28, up from 10% last week.
This shift comes as the U.S. imposes new tariffs—10% on imports from China and 25% on Mexico and Canada—exacerbating inflation concerns and market volatility.
Key Factors Impacting Bitcoin:
Market Drop: BTC has fallen 11% in four days, now below $93,000; ETH also dipped below $2,200.
Tariff Impact: Rising import costs fuel inflation, weakening investor confidence in risk assets like crypto.
Technical Analysis: A double top formation suggests further declines, with $75,000 as a possible target.
Strong USD Effect: A rising dollar is reducing Bitcoin’s appeal as an alternative
Regulatory Uncertainty: Future policies could either stabilize or further disrupt the market.
While some experts see this decline as a short-term dip before a rebound, market conditions remain highly uncertain. Investors should monitor macroeconomic trends closely.
What are your thoughts? Will Bitcoin recover or face deeper corrections?
This shift comes as the U.S. imposes new tariffs—10% on imports from China and 25% on Mexico and Canada—exacerbating inflation concerns and market volatility.
Key Factors Impacting Bitcoin:
Market Drop: BTC has fallen 11% in four days, now below $93,000; ETH also dipped below $2,200.
Tariff Impact: Rising import costs fuel inflation, weakening investor confidence in risk assets like crypto.
Technical Analysis: A double top formation suggests further declines, with $75,000 as a possible target.
Strong USD Effect: A rising dollar is reducing Bitcoin’s appeal as an alternative
Regulatory Uncertainty: Future policies could either stabilize or further disrupt the market.
While some experts see this decline as a short-term dip before a rebound, market conditions remain highly uncertain. Investors should monitor macroeconomic trends closely.
What are your thoughts? Will Bitcoin recover or face deeper corrections?
