Bitcoin Forecast: $160,000 Target Possible If These 2 Conditions Align – Analyst

The Bitcoin market suffered a heavy crash on Friday after US President Donald Trump confirmed plans to place a 100% tariff on Chinese goods. The planned order, which was in response to an initial export tax order by the Asian superpower, shook financial markets globally, resulting in total crypto liquidations of $19 billion. However, the market has stabilized in the past few hours with Bitcoin prices now consolidating around $111,000. While investors await the next price movement, a prominent analyst with the X username PlanD has shared two important conditions for the next bullish wave source: https://www.newsbtc.com/news/bitcoin/bitcoin-forecast-160000-target-possible-if-these-2-conditions-align-analyst/