Bitcoin Faces Trade War, Record M2 Supply

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Bitcoin traders are cautious about new trade war surprises, while BTC price action faces a key downtrend breakout challenge as the new week begins.

Bitcoin is holding down the fort as the US trade war rages on into the third week of April.

BTC price action attempts to overcome a long-term resistance trend line without success as trade war concerns dictate traders’ expectations.

Tariffs are the key macroeconomic topic of the week as risk assets brace for potential surprise headlines.

Bitcoin ETFs lost almost $800 million in a week, while Strategy indicates it has purchased the dip.

Despite tariff pressures, the weakness of the US dollar could be a blessing in disguise for Bitcoin and risky assets.

Global M2 money supply is at an all-time high and rising; will Bitcoin follow history and replicate its past?

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