Bitcoin Poised for New All-Time High Despite Tariff-Induced Volatility, Analyst Claims
A noted cryptocurrency analyst has offered a bullish outlook for Bitcoin, predicting that despite recent price declines due to US tariff announcements, the digital asset is on track to hit a new all-time high in the long run.
US Macro Setup To Favor New Bitcoin ATH In The Long Run: Analyst
In the last two months, Bitcoin price has plunged by over 23% due to a series of new US tariffs announced in February, March, and April. Despite short-term bearish effects, popular crypto analyst Miles Deutscher theorizes that BTC could substantially benefit from the long-term effects of these policy decisions and is on course for a new all-time high despite current market uncertainty.
Bitcoin: Key Metric Suggests ‘Bull Cycle is Over’ - Should You Sell Now?
The negative trend of Bitcoin’s market cap vs. realized cap is historically a bearish signal. Additionally, the halt in Tether reserve growth indicates stable rather than increasing buying power. However, the global M2 money supply went parabolic in 2025 while Bitcoin was consolidating, suggesting a potential appreciation in the future. The U.S.-initiated trade war and China’s retaliatory tariffs have dented investor confidence, affecting the crypto market as well.
Bitcoin’s Resilience Amid Macroeconomic Uncertainty
Bitcoin is facing selling pressure amid macroeconomic uncertainty, with prices stuck between $81,000 and $90,000. Global financial instability, tariffs, geopolitical tensions, and risk-off sentiment are weighing on high-volatility assets. However, when adjusted for the S&P 500’s decline, Bitcoin is down less than 10% from its all-time highs, showcasing its resilience compared to headline numbers.
Bitcoin ETFs Face $60M Outflow as Investors Pull Back 700 BTC
Last week, Bitcoin ETFs experienced an outflow of around 700 BTC, equivalent to a daily net outflow of $64.88 million. This outflow was observed amidst a market correction, with Bitcoin’s price falling 18.5% from its peak. Since January 2024, Bitcoin ETFs have received $36.07 billion in investment, but the recent withdrawals indicate a changing attitude among investors, potentially affected by the market price drop.
Bitcoin Price Crashes Below $80K
Bitcoin’s price dropped suddenly in the past few hours, tanking from slightly less than $83,000 to below $79,000. In doing so, the market saw a spike in liquidation levels, as Leveraged positions worth almost $600 million were wiped off, according to data from CoinGlass. The move comes following a few ‘calm’ days during which BTC was outperforming major indices, prompting many to outline its properties as a digital store of value. Jonatan Randing, a popular analyst, commented that BTC appears to be on its way of hitting the Weekly 50 EMA, which has historically acted as a good level of support during bull markets, prompting the question if we are in a bull market at all.
