Bitcoin Slides On Tariff Chaos, Recession Warnings — But Is It A Buying Opportunity?

Bitcoin's price teetered under $79000 on Monday, down more than 15% since the start of the year and well off its January all-time high of $109114.88.

President Donald Trump's threat to hit 50% tariffs on all Chinese goods entering the U.S. has rattled global markets, with Asian and European stock indices opening sharply lower on Monday.

Meanwhile, BlackRock (NYSE:BLK) CEO Larry Fink told the Economic Club of New York that the U.S. is "probably in a recession" already, adding that markets could fall another 20% from here.

However, Fink also viewed current levels as "more of a buying opportunity than a selling opportunity."

Bitcoin (BTC) price teetered under the $79,000 mark on Monday, down more than 15% since the start of the year and well off its January all-time high of $109,114.88.

The downturn has been driven by Trump's sweeping tariff threats against China and a growing chorus of recession warnings from Wall Street's biggest voices.

Yet amid the market turbulence, some investors see the correction as a long-term buying opportunity—and there's a case to be made that Bitcoin's current dip is less a cause for panic and more a test of conviction.

Trump's tariffs on China are set to increase to 50% on July 10, prompting China to retaliate with duties of its own on U.S. goods. The move threatens to derail trade talks and escalate the trade war to new heights.

The tariffs will directly impact Bitcoin only if they are applied to Bitcoin mining equipment or other goods and services related to the industry. However, the broader economic slowdown and market sell-off could have significant implications for Bitcoin's price action in the short term.

Bitcoin is often viewed as a non-correlated or safe-haven asset, and its price movements are not expected to be directly affected by tariffs on other goods. However, the indirect effects of tariffs, such as reduced trade, liquidity crunches, and broader market volatility, could continue to weigh heavily on Bitcoin in the coming months.

Bitcoin has fallen sharply in recent weeks, and its price remains down substantially from its highs. However, some analysts believe that Bitcoin could fall further in the short term, especially if Trump follows through with his threats of tariffs.

Despite the near-term pessimism, the long-term outlook for Bitcoin remains bullish. Several price predictions suggest that BTC could rise to six-figure levels by the end of 2024, presenting a significant opportunity for investors who buy during this downturn.

According to Changelly's April 2025 Bitcoin prediction table, BTC is expected to trade between $84,333 and $126,089 this month, with an average of $105,211.

That suggests a potential ROI of over 53% from today's levels.

Bitcoin Prediction Table for 2025:

The forecasts reflect optimism about BTC's long-term performance, even if short-term volatility persists.

While some continue to view Bitcoin as "digital gold," its behavior during this downturn suggests it still trades more like a risk asset.

When markets turn chaotic, investors often liquidate crypto holdings to cover margin calls, pay bills, or escape volatility—and that's exactly what's happening now.

But the very forces causing panic today—inflation fears, political instability, and dollar devaluation—could be the same tailwinds that send Bitcoin soaring over the next cycle.

As CoinTelegraph noted, some investors are already "buying the dip," while others remain on the sidelines, waiting for confirmation that the market has bottomed.

Is Now a Good Time To Buy Bitcoin?It depends on your time horizon. If you’re a short-term trader, the volatility could be punishing. But if you're a long-term investor, buying during periods of fear and uncertainty has historically delivered strong returns—especially in assets like Bitcoin.

As Michael Saylor, CEO of Strategy (NYSE:SETY), reminded investors Monday, "1 BTC = 1 BTC." Saylor's firm holds nearly 500,000 BTC, acquired at an average price of $66,357—still well below current levels.

So while no one can predict the bottom, the case for accumulating Bitcoin during macroeconomic turbulence continues to strengthen. Just be prepared for more volatility—and potentially more downside—before the next leg up begins.