Bitcoin’s price has climbed back above $107,500, leaving many weary of ongoing tariff disputes. If President Trump continues his confrontational stance, this might lead to significant consequences, but at present, the impact seems limited. Market analyst Jelle highlights a potential key movement for cryptocurrencies within the next 14 hours.
Bitcoin’s Climb
Bitcoin (BTC) 
$80,221, after slipping to $105,100, set off a new wave of fall among altcoins. Although BTC has rebounded, altcoins are yet to follow its lead, continuing with minor gains under 1%. The tariff-related process appears to be nearing its conclusion with expectations that uncertainties will reduce significantly by next week. This anticipation points towards a market orientation tied to enduring tariff rates.
In Jelle’s evaluation today, he emphasizes that BTC could confirm an upward trend within the upcoming 14 hours.
“Bitcoin broke and successfully tested the 3-day rising flag! Less than 14 hours remain for confirmation – this indicates we’re ready for a rise. Are you ready?”
Should this prove accurate, BTC could make a move towards a new all-time high above $112,000, particularly if tariff uncertainties are dispelled, potentially prompting a series of gains.
Liquidity and Cryptocurrencies
While the Federal Reserve does not seem inclined to lower interest rates, global liquidity is indeed on the rise. Many central banks, including the European Central Bank (ECB), have made significant cuts, planning further reductions before year-end. Although President Trump wants the Fed to do the same, Powell is focused on assessing the tariff impacts on inflation. Employment data suggests concerns, and upcoming detailed figures will clarify the situation further.
Kyle, in his liquidity assessment, draws attention to the M2 money supply.
“Wait… has liquidity increased or decreased?
Okay, Fed Net Liquidity fell from $6.2 trillion to $5.84 trillion, but the M2 Money Supply hit a record high at $21.94 trillion. Essentially, the money is there in the market… but it has not yet flowed into riskier assets. Cryptocurrencies need more than just positive signals to rise.”
For the risk markets to rally, as mentioned, the removal of the “worst-case scenario risk and its ambiguity” brought about by tariffs is crucial.
Institutional investors continue to accumulate BTC, with firms like MSTR, SMLR, and others making massive investments so far. There are already over 60 such companies, with expectations to grow to 600 by next year. These entities, who hold without selling, are influencing BTC supply scarcity and support its potential for price appreciation.
