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PostedApr 1704/17/2025, 09:23 AM
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The global markets are bleeding but Bitcoin is standing tall In times of heightened unpredictability, investors tend to de-risk their portfolios by offloading volatile assets like stocks and crypto. That’s exactly what we saw in the past few weeks market decline - a classic response to uncertainty. But now, what’s unfolding goes beyond a routine correction — and it demands closer attention. The US-China conflict is no longer limited to just tariffs. It’s turning into full-scale economic warfare. China has: Cancelled major deals with the US, including Boeing jets Stopped buying oil from the US Shifted 90% of its oil imports to Canada Meanwhile, Trump is pushing over 70 countries to cut trade ties with China in an effort to secure favorable tariff deals with the US. This escalating tension has wiped out $1.5 trillion from the US stock market in just a day - with tech stocks taking the biggest hit. And yet… Bitcoin is holding strong. Even Gary Gensler is bullish on Bitcoin now lol Two possible reasons: 1. The market is starting to see Bitcoin as a safe haven asset during global uncertainty — and we’re seeing early signs of decoupling from the S&P 500. 2. Or… this could be a clever move by market makers — squeezing shorts via coin-margined longs. Open interest data supports this theory. So before jumping into full-on bullish mode, I'm holding back, watching closely how Bitcoin reacts over the coming days in this clash of economic titans. King Kong vs Godzilla