According to Odaily, Swyftx's Chief Analyst Pav Hundal has identified U.S. President Donald Trump's ongoing "tariff ultimatums" as a significant threat to Bitcoin bulls over the next two months. Hundal suggests that U.S. policymakers might wait for "hard data" before easing monetary policy, potentially slowing growth and dampening market sentiment. Previously, Bitcoin fell below $100,000 due to trade policy uncertainties and experienced volatility for three months. Despite the U.S. International Trade Court ruling Trump's tariffs invalid on May 28, he recently decided to increase foreign steel and aluminum tariffs to 50%. Hundal believes that if tariff uncertainties are resolved, Bitcoin could reach $120,000 in June.

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