2025’s early months have seen significant fluctuations in Bitcoin prices, prompting investors to reassess their long-term outlook. analyses suggest we may be nearing the end of the current bullish cycle, with a potential rally leading to a new cycle peak. The post-halving demand, ETF approvals, and increasing institutional adoption are driving this stage. However, the recent tariff wars and their potential economic consequences raise crucial questions: will these events significantly impact Bitcoin’s trajectory? 2025 has witnessed the ripple effects of tariffs, including inflation and a likely recession. Recessions typically lead to higher interest rates and reduced liquidity for risk-on assets. This presents challenges for Bitcoin as it navigates a turbulent financial landscape.