How Low Will Bitcoin Go?

The global sell-off in financial markets sparked by the new Trump tariffs has brought out the Bitcoin (CRYPTO: BTC) bears. The current thinking is that Bitcoin could get hammered by a mix of lower economic growth, rising inflation, and overall market uncertainty.But how much of this bearish forecast is really just a case of investors overreacting? After all, as many crypto investors are now pointing out, there are no tariffs on Bitcoin. To understand where Bitcoin is headed next -- it's now down almost 30% from its all-time high of $109,000 in January -- you need to ask yourself three key questions.For much of its history, Bitcoin has been referred to as digital gold, given that it shares some of the same characteristics as physical gold. Bitcoin, for example, is inherently scarce, given that its total lifetime supply is capped at 21 million coins. Almost 20 million coins are already in circulation, so 95% of all the Bitcoin that is ever going to exist already exists.Continue reading

Apr 8, 2025 - 11:39
 0
How Low Will Bitcoin Go?

The global sell-off in financial markets sparked by the new Trump tariffs has brought out the Bitcoin (CRYPTO: BTC) bears. The current thinking is that Bitcoin could get hammered by a mix of lower economic growth, rising inflation, and overall market uncertainty.

But how much of this bearish forecast is really just a case of investors overreacting? After all, as many crypto investors are now pointing out, there are no tariffs on Bitcoin. To understand where Bitcoin is headed next -- it's now down almost 30% from its all-time high of $109,000 in January -- you need to ask yourself three key questions.

For much of its history, Bitcoin has been referred to as digital gold, given that it shares some of the same characteristics as physical gold. Bitcoin, for example, is inherently scarce, given that its total lifetime supply is capped at 21 million coins. Almost 20 million coins are already in circulation, so 95% of all the Bitcoin that is ever going to exist already exists.

Continue reading