In recent days, there has been a lot of action in the cryptocurrency circle, quite explosive. Trump and his wife issuing coins has shocked almost everyone. If Trump issuing coins could be understood, the First Lady issuing coins is blatantly exploiting credibility and power to make money, which will bring extremely serious consequences. Firstly, it is well understood that during the public issuance of coins by the Trump family and insiders, there must be many undisclosed accounts engaging in insider trading and market manipulation. These insider trading and market manipulation activities will gradually be revealed and magnified. If not handled properly at this time, I believe there is a high probability of the Trump family being liquidated in the future. Trump, as a referee + player, issuing coins, will be very disadvantageous to the congressional discussion on BTC collection and storage. It will be bloodletting for other altcoins, and most of the retail investors who bought them will suffer significant losses. In any case, both of these coins are likely to plummet in the long run. Tonight, Trump will take office and give a speech. Most likely, Trump will mention cryptocurrencies, and he will only be able to raise the flag of BTC to cover up his misconduct. In the short term, there will be an upward stimulus for BTC. If cryptocurrencies are not mentioned tomorrow, BTC will experience a significant drop (which should be a buying opportunity), but the upward trend of BTC in the future remains unchanged. Only when the tide goes out can we see who is swimming naked.
If Trump mentions cryptocurrency policies, it is estimated that the price of BTC will be above 11. If collection and storage are announced, BTC will surge to 150-200k
Regarding cryptocurrency stocks: (The fluctuation is expected to be very large this week. Risk-averse individuals can reduce positions on rallies. Selling high is always better than losing money)
$iShares Bitcoin Trust (IBIT.US)$Do not trade, but make regular investments, 2...