Bitwise CIO explains why bitcoin often reacts to moments of crisis like Trump's tariffs with ‘dip then rip' pattern
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Matt Hougan, CIO of Bitwise, explains that Bitcoin often follows a 'dip then rip' pattern during crises, such as Trump's tariffs, due to Wall Street's asset valuation methods. This pattern reflects market calculations applied to Bitcoin.
March 19, 2025 | 2:00 pm
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Bitcoin often experiences a 'dip then rip' pattern during crises, influenced by Wall Street's asset valuation methods, as explained by Bitwise CIO Matt Hougan.
The article discusses Bitcoin's price behavior during crises, which is directly relevant to BTCUSD. The 'dip then rip' pattern is attributed to Wall Street's valuation methods, suggesting that Bitcoin's price may initially drop but then recover strongly. This insight is important for investors to understand potential short-term price movements.
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