Bitcoin bulls are facing a significant risk due to ongoing tariff uncertainties from US President Donald Trump, according to Swyftx lead analyst Pav Hundal. He warns that if the current cycle of tariff ultimatums persists for the next two months, Bitcoin may drop below $100,000 as uncertainty looms over risk-on markets. Hundal highlights that US policymakers may delay monetary easing until they obtain hard data on the effects of the tariffs, which could lead to a growth slowdown. However, if tariffs are resolved, there is potential for Bitcoin to reach $120,000 in June, encouraged by softer-than-expected job data and sustained institutional buying. Overall, the situation remains precarious, with the Federal Reserve balancing economic factors and inflation targets in a critical macroeconomic environment.

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