After months of strong gains, Bitcoin has finally taken a breather. From a recent peak of around US $125,000, it has slipped to about US $107,000 — a decline of nearly 15%. The pullback came shortly after Donald Trump’s surprise announcement of a 100% tariff on Chinese imports, a move that reignited trade tensions and shocked the financial markets. While we all know that volatility is part of Bitcoin’s DNA, the question in everybody’s mind is: “Is this just a healthy pause, or the last gasp?” In this article, I will walk you through what’s really going on, why it matters — and what you should pay attention to. Note that the information below is my personal opinion for educational purposes only, not financial advice. The Big Picture First When Bitcoin first broke into public consciousness in 2013, the idea was bold: a fully digital currency for instant, anonymous payments — no banks required. Its price surged that year from around US$13 to US$747....