- Bitcoin surges 9% amid tariff panic, but long-term market risks remain.
- Trump’s tariff pause brings short-term relief, but market uncertainty persists.
- China deal uncertainty could spark market rally, but negotiation remains key.
In recent days, the global financial market has been heavily impacted by Trump’s latest tariff decisions, which have created both opportunities and challenges for investors. Notably, Miles Deutscher, an analyst known for his market insights, has offered a thoughtful analysis of the situation. He highlighted his recent strategic decisions in light of the panic surrounding tariffs and trade tensions, as well as the potential impact on the broader market.
Bitcoin (BTC), alongside equities, has experienced significant movements, leading to Deutscher’s optimism about current opportunities. However, the analyst also foresees some longer-term challenges as a result of the evolving trade situation.
Trade update & reflections:
— Miles Deutscher (@milesdeutscher) April 10, 2025
Super glad I pulled the trigger during the mass tariff panic a couple of days ago.
Got some nice entries on $BTC at $75k (up 9% now) and equities (up 10% now), also made the decision to hold many of my alts instead of capitulating (which i was temped… https://t.co/ky9ZjkoITe
Strategic Moves Amid Tariff Panic
Deutscher shared his excitement about entering the market during the recent tariff-related panic, stating that he capitalized on low entries for both Bitcoin and equities. As of now, Bitcoin has surged by 9% from its entry point at $75k, and equities have risen by 10%.
Deutscher also mentioned that he resisted the temptation to sell his altcoins during the panic, choosing instead to hold. His strategy of buying during peak fear has historically proven successful, and he remains confident in his decision to maintain his positions.
Short-Term Relief, Long-Term Caution
Despite the short-term market relief following Trump’s 90-day tariff pause, Deutscher takes a cautious approach to his portfolio. He argues that the pause does not entirely resolve the trade issues, which could have long-term implications for market sentiment.
While he acknowledges that the tariff break provides some breathing room for investors, he suggests that this delay could mute the mid-to-long-term bullish outlook. As a result, Deutscher plans to gradually reduce his positions in the coming weeks, especially on recent buys, unless positive developments emerge, particularly with China.
Full summary of what just happened with Trump's tariffs, what I think happens next, and the big looming unknowns.👇
— Miles Deutscher (@milesdeutscher) April 10, 2025
What happened:
• Trump orders a 90-day tariff pause, with a lower reciprocal tariff of 10% for all nations except China
• Just hours prior, Trump posted that… pic.twitter.com/DdY3ugSnbl
Uncertainty Looms with China and Global Allies
The uncertainty surrounding the U.S.-China trade relationship remains a major factor influencing market dynamics. Deutscher’s analysis underscores the unknowns, particularly whether the market has fully priced in a potential China deal. If such a deal materializes, it could lead to a significant market rally.
However, the willingness of China to negotiate remains a critical variable. Additionally, the 10% tariff imposed on global allies introduces further uncertainty, especially concerning how supply chains may adapt to avoid fallout from China’s response.
Bitcoin Price Movements and Market Implications
As of press time, Bitcoin (BTC) is valued at $81,655.46, reflecting a 6.08% increase in the last 24 hours. Despite this recent uptick, Bitcoin has experienced a 2.12% decline over the past week, with a market cap of $1.62 trillion.
