Last week, Bitcoin was like riding a roller coaster, jumping from a low of $56,000 to $65,000, which surprised everyone. This rebound was not only fast, but also fierce, as if Bitcoin decided to give investors a big surprise, making those who shorted it run for their lives.
However, the most interesting thing is the behavior of the German government. As the value of Bitcoin increased, the wallet address of the German government actually showed that they had emptied all the Bitcoins in their hands. This behavior caused quite a stir among investors, and everyone was speculating whether this meant that the German government had no hope for the future market. However, a naughty guy transferred a small amount of Bitcoin to the German government wallet and left a message: "HFSP". I was confused and didn't know what this meant. After checking a lot of information, I found out that this is the abbreviation of "have fun staying poor", a sarcastic and sarcastic remark in European and American slang, which is almost what we say "I wish you a happy poverty."
It seems that this mysterious person gave the German government a loud slap in the face with full of sarcasm.
History is always surprisingly similar. Every time a big news comes out, the market seems to be touched, excited for a while and then begins to calm down. So, all speculator friends, be prepared and don't be fooled by sweet words (stop loss strategy).
After all, since the shooting incident that shocked the whole country, Trump's chances of winning have soared to 71%. Obviously, his support among voters has soared.
This spring, he publicly expressed his support for the cryptocurrency industry at an NFT party, and since then, his enthusiasm for Bitcoin and other cryptocurrencies seems to be growing. His attitude is in sharp contrast to the Biden administration. Strategy Understanding--Research Institute--599695450
Moreover, Trump will also speak at the Bitcoin Conference on July 18. The old president, who was somewhat hesitant about cryptocurrency in his first year, now seems to be going all in on supporting cryptocurrency. His change may add some luster to his image among cryptocurrency supporters.
In short, the Bitcoin roller coaster has started again, and Trump is adding fuel to the fire. Whether you are at the top of the mountain or in the valley, don’t forget to enjoy the fun of this roller coaster. Because in the world of cryptocurrency, whether you are a fan of the big cake or the second cake, the climax after the fluctuation is always unforgettable.
Moreover, there are rumors that the ETF of "Ethereum Bitcoin" will be officially approved on the 18th. Historical experience tells us that such blatant good news is often a short-term high.
