U.S. Trade Deficit Shrinks Sharply!
The U.S. trade deficit fell by 39% to $29.4 billion. This is the lowest level since 2009.
This picture generally means
- A stronger dollar
- Short-term pressure on Bitcoin.
A significant portion of the contraction stems from gold exports.
As uncertainty increases, the search for value preservation intensifies.
The dollar may be effective in the short term.
In the long term, this picture does not undermine the Bitcoin narrative.
Do you think this data is a delay or preparation for BTC?
