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$BTC
Debunking—The approval by the U.S. Department of Justice for the sale of $6.5 billion in Bitcoin resulted in cattle deaths
Jiu Ge Interpretation:
Currently, it is only a ruling; the process from ruling to execution is a very slow and long one. Lawsuits abroad can take months, and years is quite normal!
The new government is not far off, and with the relevant policies being implemented, when Trump promised that the government would never sell BTC, the Department of Justice is also part of the U.S. government. Since they gained public sentiment in the electoral phase through the crypto market, it is unlikely they will completely disregard it after taking office!
Moreover, from the resignation of the former SEC chairman to the establishment of a dedicated cryptocurrency office, the approval of ETFs took only one year, and various institutions are still in the early or growth stages. Is this market really going to end like that? That is impossible!
Some say that Trump's inauguration on January 20 is bearish; I want to ask where the bearishness comes from? Others say there’s a possibility he could go to jail due to his lawsuits. I honestly don’t even have the desire to argue anymore. A country's leader going to jail while in power—does that require any common sense? For a country of such size, is there no face left? Where is the dignity?
Of course; there is a saying I strongly agree with: BTC in the future will be like gold, avoiding the wild ups and downs, taking a steady and gradual path like gold! Because it has a background, it has support, and it moves much more steadily. A big ship is hard to turn around; it can only proceed slowly, after all, it involves the interests and values of people worldwide, which requires extreme pulling!
Debunking—The approval by the U.S. Department of Justice for the sale of $6.5 billion in Bitcoin resulted in cattle deaths
Jiu Ge Interpretation:
Currently, it is only a ruling; the process from ruling to execution is a very slow and long one. Lawsuits abroad can take months, and years is quite normal!
The new government is not far off, and with the relevant policies being implemented, when Trump promised that the government would never sell BTC, the Department of Justice is also part of the U.S. government. Since they gained public sentiment in the electoral phase through the crypto market, it is unlikely they will completely disregard it after taking office!
Moreover, from the resignation of the former SEC chairman to the establishment of a dedicated cryptocurrency office, the approval of ETFs took only one year, and various institutions are still in the early or growth stages. Is this market really going to end like that? That is impossible!
Some say that Trump's inauguration on January 20 is bearish; I want to ask where the bearishness comes from? Others say there’s a possibility he could go to jail due to his lawsuits. I honestly don’t even have the desire to argue anymore. A country's leader going to jail while in power—does that require any common sense? For a country of such size, is there no face left? Where is the dignity?
Of course; there is a saying I strongly agree with: BTC in the future will be like gold, avoiding the wild ups and downs, taking a steady and gradual path like gold! Because it has a background, it has support, and it moves much more steadily. A big ship is hard to turn around; it can only proceed slowly, after all, it involves the interests and values of people worldwide, which requires extreme pulling!
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