http://Greeks.Live Community Daily Digest Published: 2025-04-09 Overall Market Sentiment The group is predominantly bearish with most traders expecting a continued decline to 69K-70K in Bitcoin, though a few members argue we're at or near a bottom. Market participants are closely watching the escalating US-China tariff war (now at 84% from China) and its impact on global markets, with many comparing the situation to COVID-era disruptions. Tariff Wars and Market Direction • Group consensus expects continued downside with most seeing lower BTC price targets around 69K-70K as technical trends remain broken • Some members are actively selling calls at 80-84K levels to capitalize on current volatility and downtrend • A minority view argues this is a "man-made crash" similar to COVID that could lead to a V-shaped recovery if tariff disputes are suddenly resolved • Key concerns include China's unprecedented 84% tariff retaliation and the possibility that traditional safe havens like US Treasuries are losing trust • Many traders note that despite significant drops, there's still too much bullish sentiment on social media, suggesting the market hasn't truly capitulated yet