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Tariff wars, stagflation, and BTC: BTC increasingly resembles Gold from the 1970s.
The price of Bitcoin has continued to decline since the White House announced new reciprocal tariffs, but it is believed that tariff policies and trade tensions will ultimately create long-term bullish conditions for it.
UBS Group: Short-term pullback does not change the upward trend. Buy Gold on dips!
Joanie Tewes published a research report stating that Gold has pulled back from its high, but the fundamentals remain strong: the bullish trend has not changed.
No Hurry to Buy Gold or Silver Right Now
Trump has boosted Global risk aversion, with the Gold ETF recording the largest net Inflow in three years in Q1.
In the first quarter of this year, the Global physical-backed Gold ETF recorded the largest quarterly Inflow in three years, with a net Inflow of 226.5 tons, valued at 21.1 billion USD; under the political and economic fluctuations brought by USA President Trump, global risk aversion surged, prompting safe-haven funds to turn towards Gold ETF.
Gold Rebounds From Three Straight Drops; Analyst Sees Potential for $4,000
Gold Rises as Dollar Weakens Amid Calming Markets