Donald Trump’s decision to enact a 90-day pause on his tariffs sent a new wave of buying pressure across the crypto markets, with Bitcoin pushing past the $80,000 price level again. Although the wave of buying pressure is now starting to cool down, the bullish sentiment has already been enacted among some market participants. The question is now on whether this is enough to push Bitcoin back into the $100,000 threshold during this pause period.
Tariff Pause Can Push Bitcoin Towards $100,000
The bullish consensus is that Bitcoin might have created a price bottom during its price crash after the tariffs were initially announced. Crypto analyst Kaduna shared a detailed outlook following another tariff announcement, noting that a “mini bull market” is now in motion. This mini bull market which he noted is in reaction to Bitcoin’s price surge from $75,200 to $83,200 in the hours after Donald Trump announced a pause on the US tariffs against imports into the US from countries except China.
With this surge in mind, analyst Kaduna noted in a post on social media platform X that this rapid market reaction might result in a front-running behavior that could begin as early as a month before the 90-day window ends. According to his analysis, the bull run being teased with the global M2 liquidity could begin very early, at least a month earlier than thought. This front running, in turn, could push the price of Bitcoin higher during a 55-day exit window for bullish traders.
Interestingly, the global M2 liquidity suggests that any next push from here will be a very strong one that will send the Bitcoin price back above $100,000 and even much more above this level.
Analyst Reveals Exit Point
Kaduna’s outlook is not only focused on the upside potential but also on timing a strategic exit should the market rally unfold as expected. In his social media post, he revealed that it would be prudent to exit most positions during the next 55-day window between April and June 3, which he believes will capture the peak of this bull phase. After exiting, he would step back from the market and reevaluate conditions later in the summer to scale back in.
Interestingly, the global M2 liquidity suggests that the Bitcoin price can rise from its current price level to reach as high as $120,000 within this time period before any major correction. Such a move will send Bitcoin trading at new price peaks, as it would necessitate a break above its current all-time high of $108,786.
At the time of writing, Bitcoin is trading at $81,341.
