OP, can you be specific in what you call "trade wars"? Please cite which economic policies made by the Trump administration will affect Bitcoin and then we can connect the dots and start a proper discussion.
He's talking about Trump's new tariffs on steel and aluminum. In fact,
Trump himself said "Trade wars are good, and easy to win" when he announced them.
For now it's just posturing, but
China's response sparked fears of an incoming trade war:
Beijing signalled its readiness to go toe-to-toe with US President Donald Trump's campaign of tariffs against China on Friday, proposing new levies on 128 American imports that heightened market fears of a looming trade war between the world's largest economies.
Gold has already been hammering resistance in the $1,300s for some time, coiling for a move upwards. This might be a good catalyst:
Thanks.
But in a way, would you blame Trump on what he's trying to do? I believe he wants to build "US Steel" back to its former glory. There is nothing wrong about that.
Let's see if China can raise the tariffs on American products that they have grown to love. Hahaha.
I'm skeptical that Bitcoin will see the same sort of demand since it's not an established hedge. But I won't complain if the OP is right.
The time for it to become an "established hedge" is now.