May could change everything for #BTC As the threat of a global recession looms and tensions between the United States and China escalate, the market holds its breath. A trade agreement could trigger a new bull run... but a failure could cause BTC to plunge into the red.

Bitcoin under pressure: a recession looms over May

As bitcoin attempts to reach $97,000 and achieves 64.85% dominance, headwinds are visible on the horizon: the recession. In fact, a major recession could hit BTC this very summer, driven by a sharp decline in corporate profit forecasts, the most marked since 2020. In this context, the evolution of trade relations between the United States and China becomes crucial for investors.

The resumption of tariff discussions between Beijing and Washington could strongly influence the price of bitcoin. In this regard, the end of exemptions on certain Chinese imports (automotive parts, small packages under $800) could exacerbate trade tensions. And in the absence of an agreement this May, bitcoin could suffer double-digit losses.