Bitcoin’s Stalling: Geopolitics vs. Underlying Market Forces

While trade tensions between the US and China dominate headlines, Bitcoin’s price remains relatively stagnant around $85,000. Some analysts attribute this stagnation to a direct causal link with the trade war, but data reveals otherwise. The true cause of Bitcoin’s sluggishness lies not in geopolitical events, but rather in the absence of concrete catalysts and a shifting flow of investment towards safer assets. To understand Bitcoin’s current market conditions, it’s essential to look beyond simplistic explanations and analyze the market signals themselves.