#TrumpBTCBoomOrBust now everyone must understand what does | Syed Omer Hussain on Binance Square

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Syed Omer Hussain

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#TrumpBTCBoomOrBust  now everyone must understand what does that mean 👻🌊

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Syed Omer Hussain

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#BTC100KTrumpEffect BTC is going for 102k again to kill the short supply this time 🌊

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#BTC100KTrumpEffect BTC major liquidation zone 97k according to heat map but market is unpredicted lets not assume anything before entering do your own research

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#BitcoinHashRateSurge Cryptocurrencies’ sudden increase in value is a sign of investor optimism about President-elect Donald Trump’s policies and those of his picks to head several key regulatory agencies, some of whom have explicitly promised deregulation of the crypto industry. “That bitcoin hit the $100,000 mark reflects the expectation of both political support and regulatory latitude under the incoming administration,” said Ramaa Vasudevan, an economics professor at Colorado State University who has been critical of crypto. “The nomination of crypto-enthusiasts for administrative posts is a clear signal of the embrace of bitcoin and crypto triggering the flood of money into these markets.” Bitcoin’s rally is also a product of its increased legitimacy. Trump’s election may have sparked its rally, but the financial establishment’s embrace of the asset in recent months provided the tinder. While bitcoin was once a niche curiosity, it is now a mainstream digital currency that everyday Americans can now buy through reputable retail investment accounts. Even if bitcoin ultimately turns out to be a bubble, as many economists have argued it may, these investment vehicles have assured it some staying power. The policies of the incoming Trump administration are fueling optimism Trump has been an ardent cryptocurrency supporter throughout his most recent presidential campaign, and his choices to lead key government agencies related to its regulation reflect that enthusiasm. Bitcoin hit its highest valuation ever following the nomination of Paul Atkins on Wednesday to head the Securities and Exchange Commission (SEC), which is in charge of regulating tradable securities like stocks. Atkins was previously an SEC commissioner for six years during former President George W. Bush’s administration.

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$ETH I am on short what you guys are at ??

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#Binance250Million Return to McDonald's Investments always come with risks, and when the worst-case scenario actually happens — such as FOMO-fueled buying crypto on debt and being 90% down in your investments — it's nice to have a plan B just in case. For some of you, the best options left are taking whatever minimum wage job is available near your mom's place, where you can temporarily stay in your old room while processing a valuable lesson on risk management. Would you like fries with that?

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