- With this policy, tariff rates are set for each country in percentage terms. The key takeaway is the decline in U.S. trade with each nation—who has a trade surplus, who has a deficit, and who bears the costs—all clearly outlined. This is a step in repositioning the U.S. economy for the coming phase.
- And this policy has also driven $BTC exactly to the 88.7K zone. Ideally, it should have been more decisive and surged to 90K before making a sharp drop to confirm a D1 downtrend—that would have been perfect.
- However, this scenario still aligns well with our BTC analysis, which indicates a 20% drop is approaching in the near future.
- And don’t forget, we have the Non-Farm Payroll (NFP) report this Friday, which will add even more volatility to BTC’s price action, making this weekend even more eventful.
Previous posts on the W, M timeframes and the 20% drop analysis remain fully relevant. Time to serve the next dish. 🍽️
