But what about the AI GAMING narrative that so many people started talking about?
Taking this exact narrative, today the pre-sale of @Astra__Nova's $RVV token started and there will be a video explaining everything on the channel soon. Watch it 😉
DID TRUMP CREATE OR NOT CREATE THE ORDER FOR A STRATEGIC RESERVE IN $BTC
Yesterday, Trump signed an executive order that refers to the creation of a “Strategic Reserve in Digital Assets”, which in practice represents an important step towards the creation of a reserve in #Bitcoin with the effective start of purchases
A strategic reserve of “digital assets” will be set up by the US, which, by all indications, should buy a lot of BTC over the next 5 years
The way this is arranged confuses the market, but, in my opinion, it is clear that “digital assets” mainly includes $BTC , given that this was a campaign promise and the project by Senator Cynthia Lummis, an ally, is precisely about this
The initial proposal covers 5% of the entire existing supply
As I have said several times here, there will not be enough for everyone
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Cover from the article on the LiveCoins portal
NOTE: the text does not allow punctuation or commas
🚨 TRUMP DOES NOT MENTION BITCOIN OR CRYPTO IN HIS SPEECH OR IN THE OFFICIAL WHITE HOUSE DOCUMENT
Will the market crash now?
Keep calm at this point.
We had two scenarios: either Trump mentioned his commitment to creating a strategic reserve in Bitcoin and the market could make a significant jump, or he would not mention anything and naturally, as on other days with a lot of betting on both sides, the market would become more volatile.
What we are seeing is not the market crashing. It is just the market realizing and seeking liquidity, naturally liquidating leveraged investors.
$BTC follows the same direction for the cycle and, in my opinion, even though it is not a prominent topic to the point of being brought up in the speech, the strategic reserve remains on the agenda for the coming weeks.
It's worth remembering that in times like these, it's wise to take partials, given that the trend is to retreat after renewing the high, especially if it doesn't have enough volume/strength to climb to the next level.
Tell us in the comments how long you've been holding $SOL and how much you think it can reach in this cycle 👇🏼
💥 THE CRYPTO MARKET HAS 3 POSITIVE NEWS IN 2 DAYS AND REVERSES MOOD!
To begin with, according to the Washington Post, President-elect Donald Trump is expected to issue executive orders on cryptocurrencies shortly after taking office, which is just 5 days away.
There is also great expectation regarding the creation of a strategic reserve of Bitcoin $BTC for the US 🇺🇸
In addition, in contrast to what happened with Payroll, yesterday's inflation data came in below the forecast, which is positive for future interest rate cuts and for the market.
Today's data was in line with yesterday's, also below the market's forecast, and further encouraged the crypto market, which is already up 10% since the low 3 days ago.
THIS WILL DETERMINE WHERE THE MARKET GOES IN THE NEXT MONTHS 🚨
There is a strong correlation between the American technology stock exchange (NASDAQ) and cryptocurrencies.
With recent economic data indicating an economic recovery and inflation still not under control, the chances of interest rate cuts throughout 2025 are decreasing.
This, combined with the fact that the American stock market has been rallying for months of highs and historical records, with above-average gains in recent years, makes the market more susceptible to falls.
Investors tend to reduce their appetite for risk in these scenarios.
This, in my opinion, is the biggest risk for the crypto market today.
If the American market starts to perform (fall) more sharply, we will see the same in the crypto market. And yes, this could harm the altseason.
I remain optimistic about $BTC for 2025, but I make this reservation. The risk at the beginning of the year, with the likely sale of $6 billion in $BTC by the US + employment data, has increased.
The market is showing signs of retraction, and contrary to what many people think at the moment, the trend is for volatility to increase in the coming days, with the most likely direction being upwards, but depending on some factors.
1. Start of the year for the American stock market 🇺🇸 - there is a positive correlation, especially with the technology stock market;
2. Return of institutional risk appetite (especially ETFs);
3. Upcoming economic data favorable to interest rate cuts in the US;
4. Upcoming speeches by Trump or other influential members of the new US government in favor of crypto, mainly related to the creation of the long-awaited Strategic Reserve in $BTC
Some of the main indicators to keep an eye on: market volume, marketcap, fear and greed, net balance of ETFs (buys - sells).