📉 Сryptocurrency drawdown is linked to the Musk-Trump conflict
The conflict between U.S. President Donald Trump and billionaire Ilon Musk has led to a sharp decline in the value of $BTC .
On May 5, Musk criticized Trump's tariff plans, which caused tension between the two. He said the president's initiatives could lead to a recession in the second half of the year.
In response, Trump threatened to cancel Musk's government contracts, which he said would save the budget billions of dollars.
As a result, Musk decided to retire the Dragon spacecraft at SpaceX, but he later retracted that statement.
This is the market now, maximum unpredictable, the news background is extremely influential and ruins technical analysis.