Bitcoin (Btc) The dangers that become part of a “classic bull trap” when the US-China trade war takes the next step, the analysis warns.
With the latest subscribers of the Bulletin to Telegram Channel on April 10, the trading firm QCP Capital has been warned of the latest crypto price reversal.
QCP: “Countermeasures” can leave crypto bulls stranded
Bitcoins and Altcoins joined the global stock markets in rallying in the past 24 hours Thanks to a decision by US President Donald Trump to pause many of his new trade tariffs.
China is a clear exception to the policy, however, along with Trump’s doubling of tariffs while lightening pressure in other countries.
For the QCP, now is the time not for relief, but to bruise for the next China move.
“In China’s clear singing, market participants are cycling for Beijing counterparts,” he explained.
“Should be rewarded with strength, the massive rally can quickly morph into a classic bull trap.”
BTC/USD 1-Hour chart. Source: Cointelegraph/TradingView
Such a scenario will develop a repetition of the market behavior that has been seen this week. Number Cointelegraph reported.
“The surprise surprise temporarily relieves market anxiety, less driving short-end crypto vols. However, we are promoting caution,” the QCP continued.
“Our desk will continue to observe the topside seller in May and June, suggesting that market makers use the rally as an opportunity to offloaded unwanted positions.”
The bitcoin to get “significant cut” of yuan outflows
Others mentioned potential tails for Bitcoin in the form of lowering the Chinese yuan as a scholarly trading misunderstanding. USD/CNY hits 18-year lows of 7.35 in the day.
Related: Crypto stocks see large gains next to the US Stock Rebound stock market
Without dealing, the PBOC continues a very little -weakening of the yuan. Shit ’bout to get spicy. Fortunately $ Btc It is a good idea to print money and CCY’s related weakness. pic.twitter.com/rcvksj54O3
– Arthur Hayes (@CrypTohanes) April 10, 2025
“China starting to lower money is more than just an economic signal-it’s a trunk,” Sina, co-founder of the firm management firm 21st capital, told X followers in part of a post on the topic.
“History, when the yuan has weakened, the capital has not remained placed. It escapes. Some of it flows in gold, some of the foreign ownership – and a significant cut are encountered in Bitcoin.”
USD/CNY 1-month chart. Source: Cointelegraph/TradingView
Sina suggested that macroeconomic reality will make BTC exposure more attractive.
“Now layer on rising tariffs, slowing down global trade, and a deepening crisis of trust in traditional financial systems. The result? A growing demand for neutral, infinite, irreversible possessions,” he concluded.
“Bitcoin is not just a fence. It becomes a necessity in a world seeking stability out of control of any one country.”
In subsequent discussions, however, he identified That bitcoin is not likely to put in a long -term under price.
Previously, Cointelegraph reported on various BTC price targets for a long rebound, which many of them Focus on $ 70,000.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
