Bitcoin could reach $120K in June if U.S. trade tensions ease, says Swyftx analyst

Bitcoin (BTC) has the potential to reach $120,000 in June if U.S. trade tensions ease, according to an analyst at Australian crypto exchange Swyftx. Speaking with Cointelegraph, lead analyst Pav Hundal identified ongoing uncertainty around tariffs linked to President Donald Trump as a major short-term risk for BTC investors. With the Federal Reserve holding interest rates steady at 4.25%–4.50% on May 7, rising tariff concerns now cast doubt on the central bank’s 2% inflation target—which appeared achievable six months ago—leaving the U.S. economy at a critical juncture.