Trump will speak at the Bitcoin Conference on July 25!
In addition to macro data, Trump may lead a group of retail investors to influx in late July. Trump is discussing giving a speech at the Bitcoin 2024 Conference in Nashville at the end of July. The Bitcoin 2024 Conference will be hosted by Bitcoin Magazine and will be held from July 25 to 27.
Overall, Bitcoin is expected to perform weakly in early July, mainly due to the selling pressure from the US and German governments and the Mt.Gox compensation. At the same time, the first week of July will inject some macro optimism into Bitcoin from a macro perspective; as the Mt.Gox compensation is digested by the market, Bitcoin is expected to gradually strengthen; in late July, Trump will most likely inject a shot in the arm for Bitcoin.