The Era of "Sell Now, Think Later" Dominates Bitcoin: 3 Factors Listed for the Turnaround! - Coin Bulletin

While experiencing a serious wave of sales due to customs tariff applications and global economic uncertainties, Bitcoin (BTC) and other risky assets came under significant pressure.

In risky assets, especially in cryptocurrencies like Bitcoin (BTC), the "Sell Now, Think Later" approach has become dominant amidst increasing uncertainties regarding the speed and scope of customs tariff implementations on April 2.

Peter Chung from Presto Research stated that the time and level at which the market will find stability will depend on three main factors: how the rest of the world will react, whether the Trump administration can announce a long-term plan for the future, and expectations on how the FED will address the current uncertainty.

Fear of Growth 2.0 Has Started

Chung said, "The Growth Fear 2.0 is fully in play and markets have started to price in a 100 basis point rate cut for this year." Following these developments, crypto markets have also started to be affected by the negativity seen in global markets.

The crypto market is outpacing the stock markets

BTSE crypto exchange's COO Jeff Mei noted that historically crypto markets have priced in stock markets on weekends. Mei stated, "The drop in Asian markets this morning seems to have reinforced this belief."