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China’s Shockwave Is Coming—Will Bitcoin Break?
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China’s Shockwave Is Coming—Will Bitcoin Break?

Institutional Crypto Research Written by Experts

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10x Research
Apr 06, 2025
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China’s Shockwave Is Coming—Will Bitcoin Break?
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👇1-14) Although Bitcoin had been more resilient than equities—and we expected it to outperform other cryptocurrencies (here)—we also warned it was still at risk of a sharp drop (here). While many traders remain optimistic and eager to find a silver lining in the market turmoil, growing pressure in China poses a serious threat. With Beijing refusing to back down to Trump’s demands, the situation could escalate further, potentially triggering a broader selloff in Bitcoin and the crypto market.


Bitcoin’s trend model has been bearish since $96,000


👇2-14) The broader strategy isn’t about reducing U.S. debt servicing costs, as some optimists suggest while dismissing the recent market downturn as temporary. Instead, Trump—alongside top advisor Peter Navarro—is implementing the hardline China strategy they were unable to execute fully during his first term.

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