The shortened trading day for U.S. holidays kicks off the Santa Claus rally with great enthusiasm. The Dow Jones index rose by about 391 points, an increase of 0.9%, closing at 1 PM Eastern Time. The S&P 500 index rose by 1.1%, and the Nasdaq Composite index rose by 1.4%.
In October 2024, driven by buybacks led by Apple, Google, and Meta, there has been a historic surge in U.S. stock buybacks, pushing the total buyback amount in the U.S. stock market to over $1 trillion. This is the biggest driving force for extending the U.S. bull market and continuously setting new highs. As long as a third world war does not break out, will the U.S. stock market continue to rise next year?
Trump's rise to power aims to strengthen and expand America. The top seven tech giants continue to grow in strength, U.S. stocks continue to rise, the bull market continues, and the cryptocurrency bull market also continues. Currently, there are still 302 days until the end of the bull market cycle. Therefore, after the surge in January, BTC's price should be between $120,000 and $150,000. If Trump has substantial documents and policies regarding Bitcoin's national strategic reserve plan, it is not impossible for BTC to break through $200,000.
Currently, BTC is in a corrective and fluctuating market, with many altcoins rebounding from the bottom. If another downward pullback occurs, one must be brave enough to accumulate at lower levels. In the future, many altcoins will see increases of 3-5 times. Trump is the most friendly president to the stock market and digital currency; our profits in the cryptocurrency space are just following the trend, aided by timing, location, and harmony. This wave of bull market will definitely push BTC to the sky, and the season for altcoins will definitely come. Everyone should accumulate at lower levels, hold their coins for appreciation, and stay tuned. $BTC #比特币战略储备 #“圣诞老人行情”再现