Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst

Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst. “Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward ‘flexibility’ on the upcoming April 2 reciprocal tariffs, softening his earlier rhetoric,” 10x Research’s founder Markus Thielen said in a March 23 report. The Federal Reserve signaled in its March 18-19 meeting that it would also “look past short-term inflationary pressures, laying the groundwork for potential future easing,” Thielen added. “Powell’s mildly dovish tone suggests that the Fed's put remains intact, providing further support for a recovery in stock prices source: https://cointelegraph.com/news/bitcoin-bottom-as-trump-fed-make-adjustments-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound