As Tariff Talks Cool, Bitcoin Price Is for Fools | by Chip Mahoney | The Capital | May, 2025

The U.S. and China just agreed to a 90-day cooldown on tariffs, dialing them back to 10%. And with that single headline, markets exhaled. Stocks bounced. Bitcoin? Already near all-time highs. Suddenly, everyone’s an expert again.

But here’s the truth:

If you’re just getting excited now, at $100,000 Bitcoin, you’re not early — you’re bait.

This is how cycles work. First, the smart money rotates in silence. Then come the headlines. And finally, the retail crowd shows up — chasing round numbers and hoping history repeats. But this cycle isn’t about just buying Bitcoin.

It’s about what Bitcoin now represents.

Those came from conviction before the headlines.

And guess what? That opportunity still exists — just not in Bitcoin.