From $110K to $66K? The Political Game Behind Bitcoin
Bitcoin's surge from $73,000 to $110,000 was purely driven by political factors and Trump's statements. However, after Trump took office, the market was waiting for a stimulus to continue its bullish rally. With Trump's silence and the start of a trade war, sellers took control, leading to a 30% correction from the all-time high.
🚨 Key question: What happens next? 🚨
📉 If Bitcoin doesn’t receive further political support from Trump, we could see a drop below $73,000, possibly even $66,000!
Is this a buying opportunity or a warning sign? Let me know your thoughts! 👇💬🚀
🚨 Key question: What happens next? 🚨
📉 If Bitcoin doesn’t receive further political support from Trump, we could see a drop below $73,000, possibly even $66,000!
Is this a buying opportunity or a warning sign? Let me know your thoughts! 👇💬🚀
Order cancelled
Trump:"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN."
Due to this statement by Trump, the trade was canceled, and the probability of Bitcoin's growth and even the start of an altseason has increased.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.