Bitcoin fell under $ 100,000 after briefly expanding $ 103,000 after its apocalyptic case to $ 93,000. This development was developed by Donald Trump’s powerful customs distribution on Mexico and Canada, which briefly led to a rising trade war. But the heated political issues will end soon and help Bitcoin stabilize and gain momentum. In the middle of this, will BTC continue to grow higher than ever? Let’s find out.
Also read: US stocks: Which one was hit hardest by Trump’s customs?
Trump’s aggressive customs policy begins
However, the development took a positive turn shortly after when Canadian Prime Minister Justin Trudeau announced a new basic change. He took to X to share how he had a conversation with Trump about the latest customs accounts, with both nations that decided to stop the customs implementation for 30 days.
“I just had a good conversation with President Trump. Canada implements our $ 1.3 billion border plan – which enhances the limit to new hackers, technology and staff; Improved coordination with our US partners; And increased resources to stop the flow of fentanyl. Nearly 10,000 front line personnel are and will work on protecting the border. “
I only had a good conversation with President Trump. Canada is implementing our limit of $ 1.3 billion – strengthens the limit to new hackers, technology and staff, improved coordination with our US partners and increased resources to stop the flow of fentanyl. Almost…
– Justin Trudeau (@justintrudeau) February 3, 2025
A similar strategy was also placed by Mexico, where President Trump tweeted that the Mexican president, Sheinbaum, will also facilitate plans to limit fentanyl transport to the United States.
I only talked to President Claudia Sheinbaum in Mexico. It was a very friendly conversation where she agreed to immediately deliver 10,000 Mexican soldiers on the border who separated Mexico and the United States. These soldiers will be appointed specifically to stop the flow of …
– Donald J. Trump publishes from his truth social (@trumpdaLyposts) February 3, 2025
Only in: 🇨🇳🇺🇸 China to introduce 10-15% customs on US oil, agricultural equipment, coal and long.
– watcher.guru (@watcherguru) February 4, 2025
Also read: Jim Cramer calls Walmart (WMT) Stock “Fantastic”: Here’s why
Will Bitcoin continue to refuel or increase in the midst of increasing global trade changes?
While Bitcoin at Press Time has fallen under $ 99K, technical platforms are that Coinkodost Predict how BTC can continue to win land at the end of February 2025.
“According to our current Bitcoin prize preparation. The price of bitcoin is predicted to rise by 30.00% and reaches $ 131,436 by March 6, 2025. According to our technical indicators, the current feeling is neutral while FEIR & GREED index shows 44 (fear). Bitcoin registered 15/30 (50%) Green days with 4.00% price volatility over the past 30 days. Based on the Bitcoin forecast, it is now a good time to buy bitcoin. “
Also read: Netflix (NFLX) adds 41 million subscribers: Stock EYES $ 1,100