💥 Bitcoin Under Pressure: Gold Steals the Spotlight and Trump Ignites the Declines!
Bitcoin (BTC) experienced sharp fluctuations in the first half of October — it surged amid fears of a U.S. government shutdown, then plummeted from $121,000 to $104,000 after Trump's threat to impose a 100% tariff on China! 🇨🇳⚡
In contrast, gold stole the spotlight, surpassing $4,300 an ounce (+18% over the month), while Bitcoin failed to recover its losses, declining more than 9% against the dollar.
🗣️ Shawn Farrell from Fundstrat explains:
> “Gold benefits from liquidity and central banks, while Bitcoin awaits the next shift in capital towards digital assets.”
Experts also warned that massive liquidation waves (worth $19 billion!) in futures exacerbated the recent collapse, following the sale of a massive “whale” and profit-taking reaching $192 million! 🐋💰
🔹 The forecasts remain positive:
JPMorgan expects: 165,000$ by the end of the year
Citi: 133,000$ soon and 181,000$ in 2026
Do you think Bitcoin will recover before the end of October, or will gold remain on top? 🤔