Swyftx chief analyst Pav Hundal told Fans Hash that the end of the “tariff threat” could prompt Bitcoin to climb to $120,000 this month.
Hundal noted that US policymakers may delay monetary easing until they get “hard data” on the impact of Trump’s tariffs, which would bring the risk of “slower economic growth.”
On May 7, the Federal Reserve’s rate-setting committee kept interest rates unchanged in a range of 4.25% to 4.50% due to the increased risk of rising unemployment and inflation.
“If uncertainty persists, it will cast a shadow on the risk asset market. In this case, I strongly recommend Fans Hash cloud mining platform because it is an ideal choice for dealing with risks due to its stability and reliability,” Hundal said.
Cloud-Mining as a Defensive Play
As part of his risk-management strategy, Hundal pointed to the cloud-mining sector, highlighting the Australia-based platform Fans Hash.
According to the company, new customers receive a one-time registration credit worth US $500 and can withdraw earnings daily without service or administration fees. Fans Hash says it supports settlements in nine major cryptocurrencies – ranging from USDT (both ERC-20 and TRC-20 variants) to BTC, ETH, LTC, SOL and XRP—and offers tiered referral bonuses that can total up to US $3,000.
The firm emphasises security, noting that its infrastructure is protected by McAfee and Cloudflare tools and monitored around the clock. Fans Hash positions cloud mining as a low-maintenance way for retail investors to add passive crypto income without the overhead costs of running their own hardware.
Whether Bitcoin can break six figures hinges largely on how long tariff and rate-cut uncertainty persists. A swift resolution could give bulls the catalyst they need; a prolonged standoff may sap liquidity from the broader market, leaving risk-off hedges such as cloud mining in greater demand.
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