Risks in global trade and chances to grab Bitcoin dips

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Posts: 43 · Reputation: 245
#1Dec 19, 2024, 08:32 AM
What do you guys think is causing the huge drop in Bitcoin prices? I think a big part of it is Trump's changes to trade policy, which are pushing for tariffs instead of just promoting trade globally. Things really escalated after he signed that executive order to impose more tariffs on China, Canada, and Mexico. Naturally, those countries are hitting back with their own measures, creating new trade risks everywhere. Economists are pretty worried this might lead to more inflation. And let's not forget about the whales out there manipulating the market. Are they driving prices down on purpose to create buying opportunities? Or is it something else entirely? Honestly, I see more chances to buy Bitcoin as these dips happen.
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1t5_omegaHero Member
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#2Dec 20, 2024, 06:43 PM
You have answered yourself, tariffs are bad for trade, and that is how the markets have reflected it, although it should not be a surprise because it was an election promise by Trump but we already know that markets are usually irrational. Hopefully with the strategic reserve the same thing will happen but in the opposite direction of the price. Completely agree. That's exactly what I just commented in another thread.
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hypergasFull Member
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#3Dec 20, 2024, 08:08 PM
I think this is a buy signal.  While  banks and governments and US estates are trying to get more BTC for their reserves, the o ice will shoot up again. So this is a huge opportunity who taught  it was too late. I think Trump has purposely did this for everyone    It won't be bad to see price goes down for the preparation of the greatest bull season.
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planktonSenior Member
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#4Dec 20, 2024, 11:59 PM
If we have to look at it, it's the tariff that he has imposed on this 3 nations that might have cause some doubts on his administration and that it affected some investors to pull out their money right now, not just in crypto market, but all other markets have suffered a correction already. Of course, whales and institutions love this kind of dip, and since they have deep pockets, they are going to buy again and they will have to thanks that are selling right now. So after this buying spree, I think we can go back to 6 digits again this month or even have a new all time high if we will have a new positive news that will stir the imagination of the investors to buy and FOMO.
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AtomicStakeFull Member
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#5Dec 21, 2024, 12:26 AM
Whale investors will never want to miss this opportunity. I am especially happy that Bitcoin price has dropped so much. It was completely beyond my imagination that we will be able to go to fire again at $92k and buy more Bitcoin at a lower price. It goes without saying that it is a source of inspiration for every investor who has the opportunity to buy during such a dip. We should not be afraid of such a dip at all, because after every dip Bitcoin tries its best to get its head up. This time too it may not be an exception. We may be about to see a new ATH, I think so, looking at the market indications.
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DarkByteFull Member
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#6Dec 21, 2024, 03:56 AM
Bitcoin bounced back after the news above with the executive policy, it's crazy it didn't take long for bitcoin to get back to the $100K+ area and I thought this drop would last for a few days but it didn't... Honestly on that decline I didn't buy on that occasion because I thought it would fall below $90K but the correction didn't go there, so I'm a little sorry too for just monitoring the market without taking action to buy.
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probablynoth1ngFull Member
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#7Dec 21, 2024, 06:26 PM
I would guess that if everywhere around the world gets huge inflation due to these tariffs, that would make crypto go up, there is no doubt about that at all. I know that it is not an easy task at all, but it's definitely a good thing to handle for us because if we are holding, in the next four years, we could see huge inflation that will impact bitcoin. Since we are going to have a bear season followed by this current bull season, that means inflation could keep the price high enough during bear season that we could grow insanely high during next bull run. That has to be the most important part and I am sure that we are not going to face that much issues. Obviously this isn't that much of a big deal, we need to consider this as something we can handle, and make profit from.
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#8Dec 22, 2024, 10:15 PM
This is the reason for the Bitcoin price rise lately So the whales didn't manipulate the market this time. With the above information, I think there is a growing trust in Trump administration and his promises. Maybe we are going to see more rise as institutions move to convert and hodl funds in btc, the demand will keep increasing and that means price will also increase.
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jake2017Full Member
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#9Dec 23, 2024, 02:50 AM
The bouncing back doesn't look effective, Bitcoin later got up to $100K soon after the earlier dip but now has went down below $100K. The only thing is that price refuse to be stable around a particular point causing investors to wonder if there will be any further price fall or not. What is relevant is taking advantage of each time the price should fall, perhaps this might be our last dip moment before we strike a new all time high, i strongly believe all this manipulations is just a step to boost the price.
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jake420Full Member
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#10Dec 23, 2024, 03:42 AM
Not just you, I believe that with the not so optimistic news related to the trade war launched by Trump. There wouldn't be many people brave enough to take action to buy yesterday, except for the big whales in the market. Everyone is shouting that this is a good time to buy but in reality in that situation, most people are in waiting mode because they are afraid that bitcoin will drop further and not many people dare to buy. Even if bitcoin price drops below $90k, I doubt people will buy and will instead wait for lower prices. To put it bluntly, buying bitcoin at this time is very sensitive so it is normal and there is nothing to regret if we do not buy.
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yi3ld51Full Member
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#11Dec 23, 2024, 04:39 AM
The trade war did have a big effect on the bitcoin market and now China is doing policies against the US that I read in the news... like this will make the market back into a correction, so if there is still doubt then it is better to do DCA without thinking about the price... but still some people want to buy more when Dip but there is still doubt.
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Posts: 43 · Reputation: 245
#12Dec 23, 2024, 06:11 AM
I think the decline could have been longer. In the meantime, the decision to impose additional tariffs on Mexican and Canadian goods has been postponed for a month. The tariffs imposed on China will continue. In retaliation, China has also announced additional tariffs on US goods, so there is a risk of a trade war in the world, which could lead to increased inflation. Due to the volatility of Bitcoin price, it is not possible for many investors to predict in advance but I am saving regularly because I think that even if it falls, it will recover. Considering that Trump executive order may cause major changes in the US financial sector in the current or next few months, we should focus on the market situation at all times so as not to miss the best event for Bitcoin, buying dips.
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yield21Full Member
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#13Dec 23, 2024, 10:07 AM
It's very hard how long it will be, others might think that it could just be a week or a couple of days, but maybe we will see it like a full month although I was under the impression that this month will be a bullish one to all of us. In any case, it just shows that this kind of news, specially coming from the US will have a big impact on the market. As the US is one of the superpower and as much as we don't want to believed that they have that kind of influence, they have to say the least. So let's see, the price is wildly swinging, it goes up as high as $102k almost and then fell below 6 digits again.
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bit_2016Senior Member
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#14Dec 23, 2024, 12:48 PM
This is a global drama that will never stop and Bitcoin's price will never stop reacting through it. The news and tariffs from the US, to Canada, to Mexico and now there's China that's joining in for the news. These global markets and trades will also have some impact to the crypto market even if before we can say that there's no relation to it. That, Bitcoin is inversely proportional to the global trades. But there is the direct effect that we can see especially now that we're in a bull run and this is a good one, it simply shows that the bull run has a lot of factors to continue.
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calmomegaSenior Member
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#15Dec 23, 2024, 04:28 PM
I've said before that the tariff war had some influence to it but I guess the major factor still is just the market reacting to itself. We've been at 105k ish above for quite some time now and I'd consider it the peak of the current market for now, so it's no surprise really why we're seeing the market go down for now. Granted the drop to below 95k ish did surprise me a bit since I considered it was just going to play around that area, but nonetheless we're back up quite a bit already and I reckon we're just going to stay at the same levels for Feb. Unless ofc something big happens again.
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mike100Senior Member
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#16Dec 23, 2024, 06:47 PM
Not just Bitcoin market, every financial market out there will react to any thing global news, or even geo-politics. And it just shows that everyone is really connection at this time. The thing is that this news are only temporary. Sooner or later the market will have to move forward and forget about this news and then we might see some recovery and bouncing back to 6 digits again. And for Bitcoin market, yes we are still in the beginning of the bull run, and so what that we're going to anticipate that the market will continue to go on a rise for this year. Specially in the last quarter, wherein it was the period wherein the growth is going to be huge and we are going to be in the bubble again and it will mark a new all time high. And after that, a new cycle begin.
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proto_pixelFull Member
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#17Dec 23, 2024, 07:22 PM
The influence of various kinds of FUD that comes makes crypto prices, including Bitcoin, tend to experience a downward trend. But this is a good opportunity for a correction and getting ready to hit the real Bullrun. The once-in-a-4-year cycle hasn't really peaked yet, as it's a fairly different cycle but will give you a tremendous boost. Just have to be patient and wait for that to happen. I just believe in my bag, keep adding assets in my bag to prepare for the bullrun well enough, and Don't want any regrets when everything has already happened.
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shard_minerSenior Member
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#18Dec 23, 2024, 11:54 PM
People have predicted that in the second quarter of 2025, Bitcoin will rise to $250K. Every price drop brings an opportunity, and now is a good time to take advantage of it. I believe that when we hear more news from the Bitcoin team created by Trump, that news will push Bitcoin’s price up. We saw that Trump had an impact on Bitcoin’s all-time high a few weeks ago, but he is not the only reason for its increase. Instead, the price will rise steadily because more people around the world are starting to use Bitcoin.
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paulyieldSenior Member
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#19Dec 26, 2024, 01:47 AM
just buy the dip I guess, these tariff and anything that affect the market is completely out of control, but price won't just tank forever, the flash dump that has recently happened also recovered back swiftly. If in the future there happen to be similar scenario playing out again, I'd expect the same thing to happen, flash dump and market recovery after ward, seems like a good time to buy low sell high. the only concerning thing is if suddenly big bad news could shift sentiment from bullish to bearish, but since price of bitcoin also heavily moved by institutional buyings anyway recently where retailer getting sidelined, I think bitcoin gonna be fine for the next few month and will stay bullish.
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greg2019Member
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#20Dec 26, 2024, 02:03 AM
For an economic expert, maybe the reasons you wrote are quite reasonable, but no one knows for sure the main reason why the price of Bitcoin fell drastically. However, for a beginner, the decline in the price of bitcoin this time is a normal price decline because some time ago the price of bitcoin has experienced a significant increase. personally I believe this condition will not last long because the price of Butcoin will soon recover.
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