Bitcoin’s price volatility continues as it briefly fell to $102,000 after Trump’s 100% tariff announcement. Swan Bitcoin CEO warns of more turbulence and macro-driven dips. $8 billion in long positions liquidated as traders scramble to derisk amid market panic.
Bitcoin has slightly recovered to $113,270 after cascading liquidations, with discrepancies in prices between exchanges. Previous Trump tariff announcements have caused sharp drops. Analysts believe the recent price drop could be a buying opportunity for Bitcoin.
Bitcoin analysts suggest buying during broader market downturns. Bitwise Invest strategists see potential for buying opportunities when sentiment is low. Market participants often hesitate to buy the dip despite saying they would during a price pullback. Trading discipline is key during volatile times.
Read more at Cointelegraph: Bitcoiners Should Brace For More Volatility Amid Trump Tariffs
