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### đšđ„ Donald Trump to Crash Bitcoin 2024? đ„đš
- **Speculation on July 27 Bitcoin Conference:**
- Donald Trump will be giving a speech at the Bitcoin conference.
- Some predict Bitcoin will reach a new all-time high during this event. đ
- **Skepticism and Market Sentiment:**
- Comparison to the dot-com bubble: Trump's conference is viewed as hype.
- Traders have allegedly already cashed in on the hype. đ
- Prediction: Trump's #Bitcoin conference will have no real effect on the market.
- Expectation: Likely increase in short positions and a more bearish market. â ïž
- **Historical Context:**
- During a previous Trump rally attack, Bitcoin's price was $59,700.
- Post-attack, Bitcoin rallied đ to $66,100.
- Interpretation: Bitcoin strengthened after the attack.
- Inference: During the conference, market might create bearish sentiments. đ
### Precautions and Safety Measures: â ïžđ€Ż
- **Use Tight Stop-Losses đ:**
- Protect your capital by setting stop-losses as advised.
- **Risk Management â ïž:**
- Only risk what you can afford to lose.
- This trade is for those who can manage high risk.
- **Follow Updates Closely:**
- Adjust your strategy based on real-time updates.
- **Avoid Greed:**
- Book profits in parts to lock in gains and reduce exposure.
- **Stay Informed:**
- Follow @SignalSpace for real-time updates and critical insights.
### Summary:
- **Don't let the hype mislead you!**
- **Stay informed, stay safe, and trade wisely. đđ„**
### BTCUSDTPerp
#ETH_ETF_Approval_23July #BinanceTurns7 #Megagrop $BTC$ETH#BTCCrash2024