Dear Friends, yesterday my infospace was filled with news and discussion of Trump's extreme speech at the Bitcoin 2024 conference in Nashville. 🔥
👉 In general, there were only positive words for Bitcoin and the entire crypto in general. For example, Trump said that he wants to make the US the “cryptocurrency capital of the world.”
💬Trumpalso spoke out about the regulation of the crypto industry, saying that the rules will be written by people who respect crypto, not those who hate it.
✅Then President Trump also said that he would fire Gary Gensler (head of the SEC) on his first day in office. So that will good for Crypto industry, investors and also traders.❣️
There were many more statements, but they can be characterized as “BTC to the moon!”. And yes, that's another Trump quote.
👉 What should we expect before and after the US election in November?
Obviously, all of the recent statements are extremely bullish in nature. Given the cyclical nature of the market and the narratives that portend a bullrun (halving, ETF adoption), its approach is quite expected.🔥
However, for all that, the market has not reacted significantly to the announcements. It is quite possible that everything will happen like in spring, when we saw the growth of BTC only in a few months, maybe in Nov- December 2024 or Q1 of 2025.
But we should not forget that things do not always go according to plan.🚨
⚠️ In any case, now it is important to stay in crypto and keep an eye on what is happening, as you don't even know where the next opportunity will come from 🔥
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