Crypto markets are reacting with excitement! Donald Trump’s recent decision to pause tariffs for 90 days has ignited a fresh wave of buying pressure, propelling Bitcoin back above the $80,000 mark. While this initial buying frenzy might be starting to ease slightly, a bullish mood has definitely taken hold among many traders. Now, everyone’s wondering: can this tariff timeout provide enough fuel to push Bitcoin all the way to $100,000?

Tariff Pause Can Push Bitcoin Towards $100,000

The general feeling among market watchers is optimistic, with many believing Bitcoin may have found its bottom during the recent price drop that followed the initial tariff announcements. Crypto analyst Kaduna has weighed in on the situation, suggesting that we might be seeing the start of a “mini bull market.” He points to Bitcoin’s impressive jump from $75,200 to $83,200 in just hours after Trump’s tariff pause as evidence of this “mini bull market” taking shape – triggered by the US tariff relaxation on imports from most countries (excluding China).

Building on this momentum, Kaduna shared his insights on X, suggesting this swift market response could lead to traders jumping in early – a “front-running” effect – potentially starting as early as a month before the 90-day tariff pause concludes. His analysis suggests that the anticipated bull run, fueled by global M2 liquidity, might kick off sooner than previously expected. This early rush could further drive Bitcoin’s price up within a crucial 55-day window for bullish traders looking to capitalize.

Intriguingly, global M2 liquidity indicators suggest that the next upward push could be significant, potentially sending Bitcoin soaring past the $100,000 mark and even higher.

Analyst Reveals Exit Point

But Kaduna’s analysis isn’t just about spotting potential gains; he’s also thinking about smart exit strategies if this rally plays out as predicted. In his social media post, he advises traders to consider exiting most positions within that same 55-day window, spanning roughly from April to June 3rd. He believes this period is likely to capture the peak of this bullish phase. After that point, he suggests taking a step back to assess the market again later in the summer before potentially re-entering.

Intriguingly, the global M2 liquidity data hints at a potentially powerful surge, suggesting Bitcoin could rocket from its current levels all the way to $120,000 within this timeframe before we see a significant pullback. Hitting this target would mean Bitcoin entering uncharted territory, meaning it would have to surpass its current record high of $108,786.

As of writing, Bitcoin is currently trading around $81,341.

Source: newsbtc.com