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Bitcoin holders We have been monitoring the market closely since Donald Trump returned to the White House, and the initial optimism surrounding Trump's election was quickly eroded by his policies. During the primary 300 days of Trump's presidency, the market was in a bearish environment and Bitcoin price struggled to rise as Trump went backwards and forwards with tariffs, particularly with China.
Bitcoin price struggles in the beginning of Trump's term: weak momentum and deep drops
According to the chart, Bitcoin lost its footing almost immediately after Trump took office. Within the primary 40 days, the worth fell below 0% and continued to slip towards -10% after which -20%. This decline was triggered by the tariff announcements in the beginning of the Trump administration, which signaled the beginning of a previously pessimistic administration, despite Trump's pro-crypto stance.
Instead of stabilizing quickly, Bitcoin remained stuck on this lower range for weeks. From about day 40 to day 90, the worth fluctuated primarily between -10% and -20%, reflecting a The market lacks trust and little upward momentum. There were small pushes up, but none resulted in a breakout or lasting trend.
When Bitcoin reached day 100, The market still looked undecided. Smaller recoveries repeatedly brought the worth near the neutral line, but then fell back again. The repeated 0% swings indicate that the market was not able to embark on a powerful rally.
Some recovery, but no real strength within the medium term
Bitcoin price rallied as trade wars subsided, eventually reaching a brand new all-time high above $126,000. However, this upward trend didn’t last long as the federal government shutdown within the US weighed in the marketplace again.
Even after the tip of the shutdown and the expected reopening of the US government, in addition to Donald Trump's announcement of a $2,000 rebate check for Americans, Bitcoin price remains to be struggling and has now fallen below the psychological $100,000 mark for the second time this month. cracking atmosphere with it.
So far, the information suggests that Bitcoin is moving weakly and cautiously Market environment since Trump became president. Instead of strong rallies or sustained growth, the chart shows prolonged periods of negative performance, short and small recoveries, fading momentum after each try to rise, and no clear uptrend over 300 days.
The price development reflects a market characterised by uncertainty and caution. Traders might hesitate to take significant risks, and the Bitcoin pricecurrently trading 20% ​​below its all-time high, has not shown the strong, rapid growth that many expected. Without a significant market catalyst, this slow and unstable trend is prone to proceed.
BTC price continues to trend lower while Trump is in office | Source: BTCUSD on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
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