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With all the excitement in the air, in the short term you better be careful in the market. Be careful when others are greedy, and greedy when others are afraid.
Friends, keep your emotions away from the schedules. I wouldn't be at all surprised if we see another couple of price bumps.
Welcome to the era of America's most pro-cryptocurrency Congress in history...
More than 219 candidates speaking FOR cryptocurrency have already been elected to the House of Representatives and the Senate.
Today, the crypto-voter spoke decisively not only in the presidential elections, but also in the elections of the new senate.
Across the country, Americans have shown that they care about the future of cryptocurrencies. That they want clear regulatory rules for cryptocurrency. And that they will no longer tolerate unfair treatment of cryptocurrencies.
Today is a truly historic day for cryptocurrencies. Remember the ego.
What will the bitcoin space possibly look like after Trump's probable victory?
- Harry Gensler will be fired. A new crypto-friendly SEC chairman will be appointed.
- Ross Ulbricht will be released.
- Miners will receive support and economic relief
- Investments in Bitcoin and its ecosystem will increase
- Oil production will be increased, which will lead to lower prices for oil and energy. This will contribute to the production boom.
- Financial markets will grow thanks to conservative pro-market policies and potential tax cuts. This will also support the price of Bitcoin.
- Trump is surrounded by a strong team of libertarians and supporters of the free market. Also, in his team there are people who are against the war and for Bitcoin.
All this is positive for the global economy and Bitcoin.
The negative point is the increase in tension in relations with China and the inevitable introduction of tariffs, which will weaken trade. That is why the Chinese yuan is already starting to weaken against the US dollar.
However, even this can lead to the strengthening of Bitcoin, since China will have no choice but to go for even more large-scale stimulation of its economy, which is a positive moment for Bitcoin.