As the tariff war between the United States and China intensifies, the cryptocurrency market, particularly Bitcoin, faces a highly volatile and uncertain environment. As of April 28, 2025, Bitcoin's price stands at approximately $93,000, raising several possibilities for its immediate future.
From a fundamental perspective, trade tensions can influence investors' risk perception. In times of economic instability, Bitcoin has been considered a safe haven. If tariffs continue to rise and negatively impact the global economy, we are likely to see an increase in demand for cryptocurrencies as a form of diversification and inflation protection. This could drive Bitcoin's price to higher levels, potentially surpassing $100,000.
However, there is also a risk that an escalation in the trade war could result in a global economic slowdown. This could lead to a decline in investment and consumption, negatively impacting demand for risky assets like Bitcoin. In this scenario, if the price falls below the critical support of $85,000, we could see a pullback to lower levels, around $80,000.
From a technical analysis perspective, the Bitcoin chart shows strong resistance at $95,000, where sellers have previously intervened. Breaking through this barrier could open the door to a significant rally. On the other hand, a move below $85,000 could trigger additional selling and a possible decline toward $80,000.
In short, Bitcoin's future in the context of the US-China tariff war will depend on how investors respond to economic uncertainty. Staying informed and adopting a diversified strategy will be crucial to navigating this changing landscape.
