π₯ Tariffs Just Nuked the Market, But BTC Might Hold the Line
George breaks down a shocking tariff announcement that caught markets completely off guard. Over 60 countries were hit, with China taking the brunt at 54%, Taiwan 34%, Japan 24%, EU 20%, and UK around 13%. Only Mexico and Canada were spared.
π Markets Crashed, Bitcoin Fought Back
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BTC rallied to $88K before the news, then dumped to $82K
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Stocks tanked, Dow fell 1,000+ points after-hours
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George says $82K is holding strong support β if it holds, it's a win for crypto
π¦ Big Money Still Buying
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Q1 was the worst for BTC in 7 years, but institutions scooped up 92,000+ BTC
Key Highlights:-
MicroStrategy led with 80K BTC (~$8B)
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Tether and others quietly added more
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Retail panic selling right into institutional accumulation β classic wealth transfer
β οΈ Was This Crash Engineered?
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George thinks the tariff bomb may have been intentional
Key Highlights:-
Goal: push 10-year yields lower to set up a Fed rate cut in May or June
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Treasury Sec. Bensonβs shady response raised suspicions of insider trading
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π§ Macro Strategy in Play
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Tariff chaos could pressure Powell to cut rates despite sticky inflation
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George says market fear is being used as a tool to reset policy β and BTC may benefit most
π₯ Final Take: "Retail is folding, miners are capitulating, but the whales are loading. If Bitcoin holds $82K through this storm, itβs game on for the next leg up."