#加密市场回调 $BTC
"Bitcoin Plummets: The Former President Tweets + Technical Golden Cross, Short-term May Experience Volatility"
Because the former president is making waves again by posting on X "recommending a straight 50% tariff on the European Union, starting on June 1, 2025." (suggesting a 50% tariff on the EU starting June 1, 2025) which led to a significant drop in US stocks, especially Apple, causing Bitcoin to fall from 111900 to around 108000 now. Meanwhile, in the chart below, we will find that MA50 and MA200 form a golden cross; each time a golden cross appears, the price experiences a brief drop before entering a new upward trend.
Currently, my long position is trapped because I entered the market too hastily. However, due to lower liquidity over the weekend, the main forces have a wide range of maneuvering space, and given my lighter position, I have temporarily chosen to stand by and wait for further market feedback on Monday.
Keep learning, young king 💪