Bitcoin Price – Bitcoin Poised for Sideways Movement After US Tariff Ruling — What’s Next?

Bitcoin Price – Bitcoin’s Next Move Hinges on Fed Rates and US Tariff Drama, Says Expert

Bitcoin Price – Bitcoin’s recent price action suggests a potential consolidation phase following the US Court of International Trade’s decision to block former President Donald Trump’s sweeping tariffs, according to crypto analyst and Derive founder Nick Forster. Despite the recent rally pushing Bitcoin above $111,000, Forster explained that the current sideways movement should not be mistaken for a bearish signal but rather as the market “digesting recent gains” before the next major move.

Market Reaction to US Trade Ruling and Inflation Concerns

The court ruling on May 28 temporarily halted tariff measures that threatened to stoke inflation. However, the Federal Circuit Court’s May 29 decision allows Trump to continue tariffs temporarily under emergency powers while appealing. Forster noted that this development eases immediate concerns around trade-driven inflation but keeps uncertainty alive, influencing Bitcoin’s price stability.

Bitcoin Price Performance and Future Outlook

Bitcoin (BTC) rose 11.59% over the past 30 days, peaking at an all-time high of $111,970 on May 22, before retreating to around $105,976 at the time of writing. Bitcoin researcher Sminston With projects potential gains between 100% and 200%, estimating a cycle peak between $220,000 and $330,000. Crypto trader Apsk32 predicts a more conservative target of $220,000 for 2025.

Federal Reserve’s June Interest Rate Decision is Crucial

Forster emphasized the importance of the Federal Reserve’s interest rate decision on June 18, describing it as “pivotal” for Bitcoin’s direction in the near term.

Q3 Could Defy Historical Trends

Historically, the third quarter has been weaker for Bitcoin, averaging a 6.03% gain, while Q4 is the strongest, averaging 85.42% returns, according to CoinGlass data. However, Forster suggests 2025’s Q3 could surprise positively due to potential regulatory developments and sustained institutional interest.

Spot Bitcoin ETFs See Massive Inflows, Price Remains Stable

Despite over $6.2 billion flowing into BlackRock’s iShares Bitcoin Trust ETF in May alone, Bitcoin’s spot price has not mirrored these inflows. During the week ending May 23, spot Bitcoin ETFs recorded $2.75 billion in inflows. Forster explains this by the nature of ETFs, where institutional investors gain exposure without directly impacting spot market prices.

This consolidation phase and upcoming macroeconomic events position Bitcoin at a critical juncture as it navigates regulatory and market forces in mid-2025.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.