From the current stage, this Bitcoin 2024 conference may become the real fuse of the bull market to a large extent. There are several reasons:
First, Trump is a clear crypto-friendly person. This is a fact regardless of the purpose.
Second, the last time the US cut interest rates, it was also Trump's hand. These histories are becoming more and more surprising. Regardless of whether he wins the election, he is already the top of the crypto circle.
Third, the market has just experienced the longest decline in time and magnitude since 2022, which has caused most people in the market to have extreme fear. As the saying goes, things will turn around when they reach their extremes. Everything seems to be just right.
Fourth, with the passage of Bitcoin and Ethereum ETFs, the currency circle has truly entered the public eye. It is a wild way
Fifth, the historical moment of Bitcoin halving ended in April this year, and Ethereum's Cancun upgrade also ended in March. The big positive fundamentals of the big two were successfully realized, and the market also fell, completing the market's expected positive landing is negative
Sixth, with the large-scale selling of the German government, Grayscale, Mentougou, etc., the market has also been exchanged for chips, and the price has not fallen further, which means that the market buying is better than the buying
Combining the above six points, there is no reason for this Bitcoin 2024 conference to go to the bad side, and there are many Buff positions, which may become the fuse of the bull market
