What impact does the trade war have on cryptocurrency?

First, we need to understand that a trade war is a manifestation of a tariff war, and Trump's presidency is a realization of his campaign promises. The superficial goal is to boost American industry and manufacturing, increase domestic employment rates, promote American businesses, and solidify the dollar's hegemony, among other things.

The trade war initiated during Trump's presidency can be traced back to March 2018, and it has continued until the end of the year. During this trade war, Bitcoin's price fell by about 70%, and analysts and institutions believe one of the reasons for the decline is Trump's trade war. This is because trade wars are ultimately inseparable from finance, and the flow of funds and investment directions across various industries and institutions directly influence cryptocurrency trends.

However, in recent years, with the enhancement of government regulatory policies and the gradual expansion of market influence, global investor confidence in the cryptocurrency market has been rising. Therefore, in this round of the trade war, many institutions believe that the cryptocurrency market will attract more investors, primarily for asset hedging, secondly due to obstacles in traditional investments, and thirdly because of the downturn in global stock markets.

Prepare in advance for mainstream currencies, discard those worthless junk altcoins, a new era is about to begin! Brothers, be ready for battle! I personally believe that Bitcoin will reach between $130,000 and $150,000 this year!