Jeff Park wrote on social media: “This is undoubtedly the highest micro trade for this year,” Jeff Park wrote on social media.
The commercial tariffs of US President Donald Trump will send Bitcoin prices (BTC) “violently higher” in the long run due to the weak US dollar in global currency and low depressions on US government securities, Jeff Park, head of alpha strategies in Finance BitWise services, argued.
According to the analyst, customs duties are paid to achieve the ultimate goal of weakening the US dollar in international trade to correct commercial imbalances and make us export more attractive.
Park said that “Plaza Accord 2.0” – referring to the 1985 agreement between the United States, Japan, West Germany, France and the United Kingdom to weaken the US dollar, said Park.
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