Bitcoin Bull Run Expected Amid Tariff Pause Declares Analyst

A notable prediction from well-known cryptocurrency analyst Capo suggests that Bitcoin (BTC) may experience a bullish increase of up to 22% in the immediate future, potentially pushing prices into the $92,000 - $98,000 range. This optimistic viewpoint stems from a recent announcement by U.S. President Donald Trump to pause tariffs affecting global trading partners. As Bitcoin sits around $80,420 at the moment, the expectation for such a price jump has traders speculating about their positions in anticipation of the market's short-term fluctuations. However, Capo also warns that the cryptocurrency market could face another wave of capitulation in the upcoming weeks, driven by several uncertain factors such as renewed tariff discussions or global crises like pandemics and conflicts. According to Capo, while there is a decent possibility for a bullish turn in altcoins following the expected downturn, he outlines the risks involved and raises concerns about the current market dynamics. He believes the existing 'bull market' is artificially inflated, suggesting that the subsequent months could reveal a stark difference between altcoin performances and their previous trends. This commentary raises critical points regarding market behavior, price manipulation via financial instruments like ETFs, and the intrinsic volatility that has come to characterize cryptocurrencies. It is essential for traders and investors to weigh these insights carefully, especially considering the analyst’s commentary on possible impending bear market conditions later in the year.