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What did Trump say at the Bitcoin Conference that made the big bitcoin fluctuate so much?

Review of Trump's 2024 Bitcoin Conference Speech:

1. If elected on the first day, I will fire Gary Gensler and appoint a new SEC Chairman.

2. Establish a strategic national Bitcoin reserve for the US government.

3. The US government will retain 100% of the Bitcoin it owns, and Bitcoin will fly to the moon.

4. Never sell your Bitcoin

5. Bitcoin may one day exceed the market value of gold.

6. I reiterate my promise to reduce Ross Ulbricht's sentence.

7. There will never be a CBDC during my tenure as President of the United States.

8. If elected President, Bitcoin and cryptocurrencies will soar like never before.

9. Bitcoin does not threaten the US dollar, it is the current US government that threatens the US dollar.

10. The United States will become the global cryptocurrency capital and the world's Bitcoin superpower.

11. Bitcoin represents freedom, sovereignty, and independence from government coercion and control.

12. I promise the Bitcoin community that the day I am sworn in, Joe Biden and Kamala Harris' anti-cryptocurrency movement will end

His speeches are almost all based on what he will do after being elected president, and some are even nonsense. No wonder Bitcoin fluctuates so much.

Okay, back to the K-line to see the trend. Yesterday, we analyzed that 69,600 was the intraday pressure level. It was blocked when it reached 69,400 yesterday, which was considered accurate. Today, the 1-hour and 4-hour levels are in a downward trend, and the 12-hour daily level is still in an upward trend. If it falls again today, it will enter a downward trend. The intraday pressure level is 69,600, and the support level is 66,200.#比特币大会