Part 6/7:
While some analysts suggest Bitcoin is experiencing a consolidation phase, others, like Bloomberg's Mark Cudmore, warn of the potential for a more significant downturn. Cudmore indicates that Bitcoin might again face severe volatility, with projections suggesting a possible 70% crash.
In this climate, Lee calls attention to the intricacies of risk. Should tariffs negatively impact market confidence and business activity, the Federal Reserve may have to reconsider its policies, potentially leading to rate cuts that might otherwise selectively support risk assets, including Bitcoin.