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Bitcoin bulls’ biggest threat is 2-month ‘tariff ultimatums’ trap: Analyst

cryptoweekly by cryptoweekly
June 5, 2025
in bitcoin, News
0

An end to the “tariff sabre rattling” may see Bitcoin rallying to $120,000 this month, Swyftx lead analyst Pav Hundal tells Cointelegraph.

The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns.

“The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle of endless tariff ultimatums,” Swyftx lead analyst Pav Hundal told Cointelegraph.

Hundal said there is a risk that US policymakers delay monetary easing until they get “hard data” on the impact of Trump’s tariffs, which would risk a “growth slowdown.” 

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Recent Posts
  • Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees by local crypto exchanges
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees of local crypto exchanges
  • Binance’s CZ suggests ‘will function’ to distribute crypto in case of death
  • Need ChatGPT’s help? It could be making you dumber

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