$BTC
¥¥¥¥ Conspiracy theory about "Black Swan" in the Crypto market¥¥¥¥
I would like to share a little personal opinion on how much BTC will reach!
+ Firstly: The election of Mr. Trump as President of the United States, with many promises for this market, pushed the price of BTC to 108k, and positive information such as the change of SEC chairman, with government officials all being supporters of Crypto.
+ Secondly: Funds are ready to buy BTC at the peak price of 97k, further confirming that this market is stable!
However, based on stock market analysis and information from the articles, I think as follows:
+ Mr. Trump supports and promises, but taxes? He is an expert in this area, known as "the tariff man", and since being elected, he has always threatened to impose taxes on other countries. How will he tax this market? While Ms. Harris, during her candidacy, confirmed the tax rates and laws!
+ The stock market usually reacts very cautiously to each U.S. President, as if Ms. Harris is elected, stable policies will cause the stock market to rise like a bubble, continuously breaking records, but with Mr. Trump, the market will offload and wait for his policies to determine the next direction.
+ U.S. public debt is too high, the strategic BTC stockpile he mentioned is actually the amount of BTC confiscated from Silk Road. The government does not sell it directly to the market but uses it to pay off public debt, then the sellers will be the creditors!
Summarizing all that information, I conclude! BTC may crash hard before Mr. Trump enters the White House, and investors will wait for his policies to be clearer.
End of P1
To be continued ...
P2 alticoin ss !
#Write2Earn!
