The next wave of cryptocurrency rises will begin on April 8 despite the collapse of tariffs, and here’s the best
The tariffs imposed by Donald Trump on 'Liberation Day' led to a sharp decline in cryptocurrency prices, in line with the downturn in global financial markets.
The price of Bitcoin saw a sharp drop after the resistance level of $88,000, following Trump's announcement of hefty tariffs on major trading partners, and it is currently trading at $82,500 at the time of publication. Alternative coins have again been severely affected, performing much worse than Bitcoin.
Despite ongoing macroeconomic uncertainty, prominent analysts believe the next cryptocurrency rally is just a few days away and could start as early as the second week of April.
Smart investors are already stacking up the best alternative coins to buy alongside Bitcoin.
The next cryptocurrency rise will start on April 8
Prominent macroeconomic expert and head of macroeconomic research at GMI, Julian Beetle, claims that the cryptocurrency market will hit its lowest point in the first week of April and will then begin a bullish reversal.
Beetle, along with many analysts, has long emphasized the close relationship between Bitcoin and liquidity.
