Elon Musk's statements about Trump have shocked the markets. Musk stated that Trump's tariff policy would lead to a recession in the second half of the year.

Following the harsh statements, $BTC dropped to $100,000. Significant declines were also observed in altcoins. Major liquidations occurred in the futures market. Approximately $1 billion worth of futures contracts were liquidated in the last 24 hours.

After the sharp declines, there is a rise in cryptocurrencies. $BTC has surpassed $103,000. $ETH is hovering around $2,500. A meeting between Elon Musk and Trump is expected today. Tensions may decrease after this meeting. Trump is approaching the issue in a calmer manner.

I don't think there will be a comeback for Bitcoin. A bullish period is set to begin for Bitcoin and major altcoins. We are close to new ATHs in $BTC. Short-term fluctuations may present buying opportunities in good projects.

NOTE: You should make your own investment choices.

#Bitcoin #Altcoins #Ethereum #Bullish