Waking up to find that $BTC has dropped a bit, the main reason is the influence of Trump. For a long time now, we have been saying that whether it's the data side or the technical side, they are not very important. What matters is the monetary policy and Trump's words. No matter how good your technical skills are, how accurate the data is, or how well you understand the expectations of the Federal Reserve, it is still very difficult to predict what Trump will do next.
Trump stated that iPhones sold in the U.S. should be manufactured domestically and warned that if production continues abroad, Apple may face a 25% tariff.
Trump proposed a 50% tariff on the European Union, set to take effect on June 1, 2025.
But I still feel that this is just Trump's bluster and he is not really prepared to do this.
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