As I predicted in my previous post that Bitcoin$BTC will dump soon and I was right, now Bitcoin$BTC is currently trading at $62,800, the rising trend is coming to a stop. Bitcoin is expected to tumble to $60,900 if the price drops below $62,500. It's very likely that it will reach $59,600, another support level, and go up to $58,500. Await the next move from Bitcoin$BTC before deciding. Proceed with caution, since the price may drop even further. A decrease to less than $62,500 might cause a further decline.
Donald Trump, the ever-emboldened former U.S. president, is once again stepping into the spotlight, this time for an interview with Elon Musk, the wealthy owner of X. Trump made the announcement on Truth Social, his own platform, where he often shares his unfiltered thoughts. The interview is set to cover a range of topics, including their friendship, Trump's 2024 presidential run, and their shared disdain for the "Radical Left" and mainstream media.
Elon, who has been cozying up to Trump since reactivating his Twitter account, is expected to offer his usual impromptu and cryptic takes on trade, jobs, inflation, and the economy. Interestingly, Trump has recently become more open to cryptocurrencies, accepting them for campaign donations and even attending the Nashville Bitcoin 2024 conference.
Several big names in the crypto space, such as the Winklevoss twins and Ripple CEO Brad Garlinghouse, have also thrown their support behind Trump. This alliance could shake up the 2024 election, positioning Elon as a potential kingmaker and signaling that the tech community isn't entirely against Trump. For Elon, backing Trump might be a way to secure his place in the political arena and reinforce his importance to the GOP.
I read few days ago USA buy 100% of BTC after September elections if jobiden win, i think how USA buy 100% BTC when BTC have multiple owners,
recently i see day to day btc price dip, i remember past few year ago USA plan to buy oil petrol, then they promote a fake news about with the name of coronavirus, here we see petrol market prices crash almost 80 percent, then they agreement and get petrol for long term, after agreement we see petrol market quickly go up side and cross 100 and 150 percent. i hope you all are understand this theory, i think second time USA apply this for BTC, people think price of BTC going down quickly and they sell all of BTC, when BTC Price at lowest point then USA buy maximum of BTC.
when USA buy BTC here is two options. 1st; if USA run BTC, then price quickly go side may be a 1 BTC price is 1 Billion USD. 2nd; is it possible USA after buying BTC, they send to trash, and make own Coin, USA has a much money if its spend some money to BTC its doesn't effect USA economy because its a few dollars for USA, this time BTC market highly risky. its depend on Hold btc People luck. $BTC
Potential Crypto Crash Ahead? Secure Your Assets Before Iran-Israel Conflict Escalates
With rising tensions between Iran and Israel, a potential war could have a significant impact on the crypto market. Here's how you can safeguard your investments:
Spread Your Investments: Diversify your portfolio across different cryptocurrencies and more stable assets like gold or stablecoins to reduce risk.
Prioritize Safe Havens: Increase your holdings in stablecoins and Bitcoin to provide stability during market turbulence.
Stay Informed: Keep up with news and market trends to make informed decisions quickly.
Set Stop-Loss Orders: Use stop-loss orders to automatically sell your assets if prices dro,✓ below a certain point, minimizing losses. Know Your Risk Tolerance: Be honest about your risk comfort level and adjust your investment strategy accordingly.
Avoid Panic Selling: Stick to your plan and make decisions based on careful research and reasoning.
Why is Bitcoin rising? 70 thousand dollars can be exceeded at any time
After Donald Trump's interesting speech over the weekend, Bitcoin also started Monday strongly. While the biggest cryptocurrency is rising to $69,950, it seems only a matter of time before 70 thousand dollars are exceeded. Bitcoin was finally at the level of 70 thousand dollars on June 10.
At the beginning of July, Mt. Bitcoin, which fell up to 53 thousand dollars due to the effect of Gox and German government sales, but later rose again, was almost close to going above 70 thousand dollars. The biggest cryptocurrency, if it exceeds this level ($70 thousand), will have reached this price for the first time since June 10.
The Trump influence moved up...
In the recent rise of Bitcoin, Donald Trump's statements and even the armed assassination
he suffered may be effective. Bitcoin, which fell sharply at the beginning of June, continued this decline in July and saw 53 thousand dollars, was on the rise just after Trump's armed attack on July 13. Bitcoin, which opened the day of July 13 at the level of 57,800 dollars, closed the day above 59 thousand dollars. The price rose sharply in a few days and rose to the level of 65 thousand dollars on July 15.
Just in those days, it was announced that Trump would give a speech at the Bitcoin Conference. The dominance in Bitcoin, which made a rally with Trump, also rose to over 56%.
Trump's commitment to strategic reserves at the conference again brought a significant rise in price on Saturday evening.
Fed expectation...
One of the most important periods expecte by traditional financial markets, such as cryptocurrency markets, is the Fed's FOMC meeting in September... The expectation at $BTC
In 2004, twin brothers Cameron and Tyler Winklevoss, who were studying at Harvard, had the idea for a social network. They hired a coding genius named Mark Zuckerberg to develop this idea. However, months later, Facebook was launched, and the twins were not a part of it.
Angry, the twins sued Zuckerberg. While Facebook's popularity skyrocketed, after a four-year lawsuit, they settled for $65 million in 2008: $20 million
Bitcoin and the broader cryptocurrency market appear to have concluded their correction phase. Bitcoin is now aiming for a target range of $75K to $80K. Ensure you're holding a diverse portfolio of altcoins, as they are expected to surge during this bull cycle. Notable altcoins that are likely to perform well include Pepe, Floki, People, Bonk, Sats, Near, Shiba, and Dogecoin.
For these altcoins, it is advisable to engage in spot trading. This strategy allows you to hold onto them throughout the bull run without worrying about daily price swings. Keep in mind that this bull run will develop in four phases, and we are currently in the initial phase. This means a long journey ahead with several corrections along the way.
If you are considering entering a position in BTC, set a stop loss at $63K to manage your risk effectively. Stay vigilant for negative news and potential market manipulations that could trigger retracements. Avoid the fear of missing out (FOMO)-make your purchases during corrections or shortly after, such as now.
"BREAKING NEWS: Trump Pulls Out of Presidential Debates!
Donald Trump has surprised everyone by saying he won't participate in the presidential debates for now. This has caused a lot of speculation and discussion.
Why is Trump avoiding the debates? Some people think he might be afraid to face Vice President Kamala Harris.
This decision could hurt or help Trump's campaign. Will it make him look weak or smart?
People are sharing their thoughts online, with some saying he's afraid and others saying it's a clever move.
What's next ? Trump's team will focus on rallies and media appearances to keep his campaign going. Share your thoughts on Trump's decision! Like and share this post to stay updated!"
Or in even simpler terms:
"DONALD TRAMP won't participate in the presidential debates. People are wondering why. Some think he's afraid to face Kamala Harris. This might help or hurt his campaign. What do you think?"
Mark your calendars: The year's most anticipated Bitcoin conference kicks off on July 25th, Beijing time, and it's poised to be a spectacle of epic proportions. Running until July 27th, this year's event promises unprecedented drama with none other than former President Donald Trump and tech titan Elon Musk headlining the show.
Here's why this conference will be the most electrifying in Bitcoin history:
Special Guests: A Power Duo
Trump, the former President known for his polarizing politics and unfiltered opinions, joins forces with Musk, the enigmatic CEO of Tesla and SpaceX. Trump's speech, scheduled for the 27th, is expected to stir up significant buzz. His presence alone, given his massiv political influence and newfound enthusiasm for cryptocurrency, adds unparalleled excitement. Musk, whose statements and actions can send shockwaves through the crypto market, further heightens the stakes. The combination of these two influential figures is likely to spark intense media coverage and public debate and generating new meme coins akin to Dogecoin.
Trump's Controversial Aura
Adding another layer of intrigue, Trump recently faced a high-profile public shooting incident, drawing global attention and heightening his every move's scrutiny. His appearance at this conference will undoubtedly escalate the event's drama, setting the stage for bold declarations that could reshape the Bitcoin landscape and ignite fresh market opportunities.
Previous Conference Market Trends
With past Bitcoin conferences influencing market volatility, this year's agenda promises discussions on pivotal topics like Bitcoin spot ETFs and innovations within the crypto market. This gathering isn't just a showcase of industry leaders; it's a potential turning point that could significantly impact Bitcoin's price and market sentiment. #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #BinanceTurns7 #SOFR_Spike $BTC
- *Trump's Speech*: Donald Trump is scheduled to speak at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27 at 2 p.m. CT 1. There is speculation that he might announce a reserve of 1 million BTC in the US [User Question].
*Bitcoin Price Surge*: Bitcoin's price has surged by 6% since the conference began, reaching over $67,000 2 3. This increase 2024 $BTC $USDP
Chinese authorities have uncovered a significant security breach involving four former Huobi employees. These individuals allegedly implanted Trojan software in user wallets, leading to the theft of over 40,000 user reminders and private keys.
This revelation has sent shockwaves through the crypto community, highlighting the critical importance of robust security measures. The breach underscores the potential risks associated with digital assets and the necessity for users to remain vigilant.
As the investigation continues, this incident serves as a stark reminder of the need for enhanced cybersecurity practices within the cryptocurrency industry. Users are advised to review their security protocols and remain cautious of any suspicious activities. #BinanceTurns7 #VanEck_SOL_ETFS #SOFR_Spike #MtGoxJulyRepayments
US Government Makes a Bold Move, Germany Lags Behind
The US government has just transferred around 58 $BTC to a centralized exchange (CEX), worth approximately $3.96 million. This move has drawn significant attention from the cryptocurrency community.
➡ At present, the US government holds a substantial 213,239 BTC, valued at an impressive $14.3 billion.
Most of these Bitcoin reserves come from three major seizures:
◆ November 2020: Seized 69,369 BTC from Silk Road
◆ January 2022: Confiscated 94,643 BTC fi the Bitfinex hacker case
During their latest meeting, Donald Trump and Elon Musk reportedly discussed a range of topics, including cryptocurrency policy. While Trump is increasingly highlighting Bitcoin and other digital assets in his campaign, Musk has publicly denied having specific talks about cryptocurrency with Trump. Musk did, however, indicate his general support for initiatives that transfer power from the government to the people, which aligns with the principles behind cryptocurrencies.
Despite Musk's denial of direct crypto discussions, it is evident that cryptocurrency is becoming a significant element in Trump campaign strategy. Trump has been actively promoting Bitcoin and has promised to commute the sentence of Ross Ulbricht, the founder of Silk Road, if re-elected. This shift towards a pro-crypto stance is part of his broader strategy to attract digital asset enthusiasts and voters interested in technological innovation.
Additionally, there is speculation that Musk could take on an advisory role in Trump's campaign, potentially influencing the integration of crypto advocacy in the political dialogue. This development underscores the growing intersection between technology and politics, with influential figures like Musk playing a crucial role in shaping future policies #ETH_ETFs_Trading_Today #BinanceTurns7 #SOFR_Spike #ETH_ETFs_Approval_Predictions
Breaking News: Elon Musk's latest move in the crypto world has tongues wagging!
Elon Musk has just updated his profile photo to feature "laser eyes," a symbol synonymous with Bitcoin enthusiasts. This change comes just as his private jet landed in Tennessee, coinciding with the Bitcoin Conference.
Reports from reliable sources like Fox Business and an Instagram account tracking Musk's travels confirm this intriguing update. Known for his influential presence in the crypto space, Musk has previously adorned his profile with Bitcoin-themed elements, only to remove them later.
Santiment: The crowd has quieted down after Bitcoin and cryptocurrencies experienced a somewhat unexpected surge over the past two weeks. Those who were talking about an impending bear market in early July have essentially disappeared as #BTC approached $70K again. $BTC
Bitcoin surged past $67,000, sparking speculation of a "Mega Bull" run fueled by the possibility of a second Trump presidency. CEO Stephane Ouellette predicts a favorable regulatory environment for crypto if Trump wins, similar to the 2021 bull market. The selection of pro-crypto JD Vance as VP candidate also boosts crypto's prospects. However, this is not investment advice, and the election outcome is still uncertain. #ETH_ETFs_Approval_Predictions #bitcoin☀️ #BullRunAhead #BULLRUN24 #bullrun2024📈📈
Today, I want to highlight a crucial precaution for everyone, especially those new to the cryptocurrency world. It's not about hackers or viruses, but a simple mistake that could permanently wipe out your wallet with no chance of recovery!
When updating your cryptocurrency apps on your mobile phone, proceed slowly and carefully. Many mobile phones view these apps, like wallets and exchange platforms, as high-risk software or even viruses. During an update, you might receive a prompt to proceed cautiously.
Consider this scenario: after downloading the update installation package, your phone might warn you about detected risks and suggest exiting the installation and deleting the package. Do not click delete! If your Wa isn't backed up, this mistake could result in a total loss. Apps like Binance and OK, which are now linked to Web3 wallets, could cause significant trouble if deleted without a backup. Even though it might just delete the update package, there's a risk that the original software could be removed too. Instead, select "Install regardless of risk" and proceed.
However, the danger isn't over yet. After installation, your phone might prompt you again about a risky app, suggesting immediate uninstallation. Do not click uninstall! This action will definitely remove your app. Therefore, when updating any cryptocurrency app, take your time and proceed carefully. If prompted again, choose "Ignore Risk." Only then can you ensure everything remains intact and your wallet stays safe. #BinanceTournament #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike
Be aware of potential P2P disputes due to blocked accounts! Recent cases involve buyers engaging in off-platform deals, receiving third-party payments, and selling USDT at higher rates elsewhere, resulting in fraud complaints and account blocks.
Cancel trades if buyers can't provide required information
_PROTECT YOUR ACCOUNT_- Always obtain a video statement and buyer mobile number- Record transaction history and proof of fund-- Be cautious of third-party payments and ot, platform deals ENSURE SECURE TRANSACTIONS ON