DONT SELL YOUR F#CKING BITCOIN priceBITCOIN

Have seen quite a few takes about how tariffs are good for bitcoin or good for the US economy or how this is just market manipulation. But bitcoin is mainly a risk asset. Tariffs this aggressive are very negative for risk assets. And the economy will take a hit. The tariffs announced are considerably worse than what was expected by the market, as gradual tariffs or delayed implementation were seen as alternatives. So the S&P futures will open deeply in the red tonight and flush. The hope for crypto is that it has already dropped a lot in anticipation, considerably reducing the downside. Particularly so for alts, which have been demolished. I'm torn between the entire market putting a major local bottom on Monday, or BTC re-testing the bottom of the range (90k). Maybe both. Then we have to hope retaliation is not extreme. And hope that the US and other countries find common ground fast so tariffs may be pared back fast, and soon. Yes, that's a lot of hoping. Headline risk is going to be major in the coming days. Both ways. News of any agreements would send risk assets soaring. Macro-wise, expect the dollar to surge further at first. Then unless tariffs pared back the US economy would take a hit, weakening the dollar. Tariffs would drive inflation, possibly a one-time hit, possibly not, either way turning the Fed hawkish. Question is how much. More uncertainty. This would be enough to start a sustained bearish trend were not for significant upside risk as well coming from the tax cutting and deregulation fronts, which makes things very murky. I am aware readers generally seek for clear directional ways and reassurance. Unfortunately can't provide that at the time. I still don't think the cycle top is in, and expect equity indices to print ATHs later in the year. But the probability of being wrong has increased. Particularly on the latter. As I said a week ago, I've taken my long-term hat off. This is a traders' market. p.s.: the time to panic was Saturday, not today.

$BTC How bearish can Bitcoin go?

$UFD Unicorn Fart Dust ($UFD) has certainly captured attention with its impressive rise to a $240 million market cap shortly after its launch, thanks largely to the influence of meme culture and social media. However, the question of its future remains open: will it continue to thrive, or will it fade into obscurity like many other meme coins? When considering $UFD's potential trajectory, several critical factors come into play: 1. Market Sentiment and Cryptocurrency Trends Meme coins tend to perform well during bullish market phases, when investors are more inclined to take risks on speculative assets. If the overall cryptocurrency market maintains a positive outlook, $UFD could attract a steady influx of new investors, possibly increasing its market cap further. On the flip side, during bearish market conditions, it's common for meme coins to experience significant declines as investors gravitate towards more stable options like Bitcoin and Ethereum. If the market enters a prolonged downturn, $UFD might face a sharp decrease in value. 2. Community Engagement and Longevity The sustainability of meme coins often hinges on the strength and engagement of their communities. A loyal and active community can help keep the momentum going, providing support through social media and other platforms. If $UFD can cultivate a dedicated following and maintain ongoing interest, it may have a better chance of surviving beyond the initial hype. In summary, the future of $UFD will largely depend on market conditions, community support, exchange listings, and the development of any potential utility. While it has made a significant splash, its long-term success is uncertain and will require careful navigation of the evolving cryptocurrency landscape.

🗞 Catch up on the latest crypto news! 🚨 Ethereum trader earns $16M as ETH drops to $3,000 🇺🇸 Bitcoin falls below $100K after Trump imposes import tariffs 🇸🇻 El Salvador continues accumulating BTC despite IMF deal

Bitcoin Drops Below $98,000 #Bitcoin $BTC