🟠Early February has been challenging for Bitcoin: the cryptocurrency dropped to $95,000 but later partially recovered to $97,459. One of the reasons for the decline was Donald Trump’s proposal for higher import tariffs, which could lead to tighter Federal Reserve monetary policy.
🟠Analysts are divided. Ash Crypto and Crypto Rover believe BTC will soon resume its upward trend, potentially doubling in price. Analyst Inmortal predicts a new all-time high by October, while on-chain expert Root links Bitcoin’s prospects to the upcoming halving.
🟠However, pessimists like Sensei and Nebraskangooner argue that the market has already peaked and that BTC could drop to $85,000. The coming months will reveal who is right.