#TradingPsychology :
- *Impact of tariffs on Bitcoin*: Tariffs can affect the price of Bitcoin due to their impact on the global economy and financial markets. When the United States imposed tariffs on imports from China, Canada, and Mexico, the price of Bitcoin dropped below $102,000 after reaching $105,807.
- *Using tariffs to benefit Bitcoin*: Some officials in the Trump administration believe that tariffs can be used to increase the U.S. Bitcoin reserve without burdening taxpayers. They aim to buy as much Bitcoin as possible without impacting taxpayers.
- *Impact of economic policies on Bitcoin*: Economic policies, such as inflation and decisions by the U.S. Federal Reserve, can affect the price of Bitcoin. Some analysts expect that rising inflation will lead to tighter monetary policy, which could negatively impact the price of Bitcoin.
- *Market predictions*: Some analysts predict that the price of Bitcoin will rise to over $120,000 in the near future, despite current volatility caused by tariffs and economic policies.
