The response to the trade war is to severely damage the foreign trade industry, cause widespread unemployment... and then lead to economic recession.
Why Bitcoin is rising? This is related to its high control and safe-haven properties. If you look at ETH, you will know what recession means.
Obviously, the dog dealers manipulated the exchange rate intentionally, so don’t let the false appearance of rising prices deceive you. As for the individual fake high-end ...
It is easy to understand trade as transactions between villages and neighbors. This village has raw materials, grains, and medicine bases, and the neighboring village has water sources, doctors, and processing plants. The high value-added processed by the neighboring village is sold back to this village, which is a trade surplus. If this village has a trade deficit, it will collect high tariffs from the neighboring village to protect its interests. The neighboring village will definitely not agree, which will cause trade frictions... Money belongs to water in the five elements. If it is not circulated, it cannot generate value. People's income will drop sharply. The consequence of a trade war is war! (If you don't understand, you can refer to the Opium War, World War I and World War II, which were all caused by trade deficits)
In other words, the rebound of bitcoin is a fake rise by market makers using its safe-haven properties. The economic recession has already arrived! There is a big pit waiting for retail investors to step into and be buried alive.