Bitcoin gets $71K target as tariffs deal rare US business outlook slump

Bitcoin may only be saved by a US liquidity turnaround after trade tariffs deal a major blow to the latest attempt to bring back the BTC price bull run.

Bitcoin (BTC) faces conditions similar to the 2022 bear market bottom as US business sees “very high risk” to come.

In his latest analysis, Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole Investments, queried when the US would start printing money.

Bitcoin reacted noticeably worse than US stocks after President Donald Trump announced worldwide reciprocal trade tariffs on April 2.

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