Technical analysis by FeelsStrategy about Symbol BTC: Buy recommendation (4/2/2025)

📉 In the short term, Trump's proposed tariffs add to the current risk-off sentiment—ETF flows, correlations with stocks, and macro uncertainty are already weighing on Bitcoin.🗣 While debates rage on about whether tariffs will hurt importers or exporters or whether Trump will roll back some after negotiations, one thing is certain: inflation. And inflation is historically a positive for $BTC. 🌊Liquidity injections, growth of money supply (M2) and potential QE will follow as a weak economy struggles with disrupted supply chains—another long-term positive for Bitcoin⚖️ During trade wars and geopolitical uncertainty, investors run to gold. With Bitcoin’s correlation to gold, this could be another tailwind💡 So while tariffs may be a short-term drag, structurally, they are bullish for Bitcoin in the long run. You also need to remember that quite a lot of negativity is already built into the price, and if there is no new round of counter-tariffs, positive sentiment may appear sooner.#Bitcoin & Macro Update 📝As I said earlier, tariffs may be a short-term drag, but they are bullish for Bitcoin in the long run. And what we see now is that Bitcoin remains structurally strong.🧠 While headlines focus on risks, the deeper driver is liquidity. Historically, expansions in global money supply (M2) have been a key tailwind for Bitcoin, and BTC continues to mirror M2 with a 3-month lag.💡 Some short-term pullbacks are still possible, but overall, I expect the broader uptrend to continue. This will provide a breath of fresh air for the crypto market, which we are already beginning to witness.#Bitcoin & Liquidity Outlook 📝 When BTC dropped to $75K, many were quick to declare the start of a new bear market. But I repeatedly emphasized that this was a short-term correction, not a structural reversal. And so far, price action has followed that thesis.📍 As noted earlier, macro liquidity remains the key driver. Bitcoin continues to mirror the M2 money supply with a 3-month lag, and the latest surge in global liquidity is clearly reflected in BTC’s renewed strength.💡 While the broader picture remains bullish, opening light hedge shorts (on a small portion of the portfolio) in the $102K–$107K range could be a smart risk management option in the late phase of the market.