Bitcoin drops rapidly every time and then re-tops
2025-02-04
Category: None

During the night, the entire cryptocurrency market experienced a significant crash, driven by the strengthening US Dollar (USD).  The new tariffs imposed by President Trump on Canada, Mexico, and China have bolstered the USD, leading to aggressive movements across all markets.

Bitcoin (BTC) has completed a bullish harmonic pattern, indicating a more stable situation.  The price may correct within this zone, but potential comments from President Trump regarding the crypto market could further support BTC's short-term strengthening