Crypto analyst, Miles Deutscher, believes that Bitcoin is poised for a new all-time high despite the recent market uncertainty caused by new US tariffs.
The short-term bearish effects of the US tariffs are expected to weaken the dollar and interest rates, which can be beneficial for Bitcoin and other cryptocurrencies in the long run.
The new import tariffs may discourage the purchase of US Treasury Bills, leading to liquidity tightening. This could result in further price falls for Bitcoin as investors move their funds to safer assets.
However, once the market bottoms out and an economic response by the Federal Reserve is anticipated, Bitcoin is expected to experience a dollar liquidity boost and embark on an upward trajectory, potentially reaching a new all-time high between Q3 2025 and Q1 2026.