The 90 -day truce arranged by the Donald Trump government expires on Wednesday, July 9, and it is expected that in the next few hours decisions that could redefine the global commercial landscape will be official.
Bitcoin (BTC) starts this week at U $ s109,000 But experts warn that Imminent ads on tariff agreements in the United States could generate enormous volatility in their price. It is that the 90 -day truce arranged by the Donald Trump government expires on Wednesday, July 9, and it is expected that in the next few hours decisions that could redefine the global commercial landscape will be official.
As of this Monday, the president Donald Trump He announced that they will begin to send tariff letters to more than 100 countries. In addition, he announced a new 10% tariff on any nation that is aligned with what he described as “BRICS antistado policies”, the economic bloc composed of countries such as countries such as countries such as countries such as countries such as countries such as countries such as countries such as countries such as countries such as China, India, Russia and Brazil. This threat adds a layer of geopolitical tension to a scenario already loaded with uncertainty.
Some nations could receive an extension of three weeks To continue negotiating before the entry into force of the new tariffs, scheduled for August 1. Meanwhile, Treasury Secretary Scott Besent confirmed that The United States is close to closing agreements with several strategic partnersand that negotiations with India, the European Union and Thailand are advanced. “We are going to see many agreements very soon,” said Besent.
Bitcoin: What could happen to its price
“Bitcoin is likely to reach a new historical maximum this week or next”Markus Thielen, 10x Research Research Director declared on Monday. He added that the seasonality after July 4 “tends to be bullish, and the markets largely ignored the risks related to tariffs.”
“If the United States postpones tariffs again, markets could interpret it as a reluctance to apply them, which would support the appetite for risk.”according to UBS Analysts Global Wealth Management in a note, according to The Wall Street Journal. “Bitcoin seems to be preparing for upward break”Said John Bollinger, inventor of the technical indicator of Training Bollinger Bands (or Bollinger bands).
Despite this, analysts warn of price dispersion. “It will probably be a volatile week,” said Henrik Andersson, Investment Director of Apollo Capital, to Cointelegraph. “We believe there are many possibilities for the United States to sign a framework agreement with the EU this week”he added.
Source: Ambito
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