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Why is Bitcoin rising? 70 thousand dollars can be exceeded at any time After Donald Trump's interesting speech over the weekend, Bitcoin also started Monday strongly. While the biggest cryptocurrency is rising to $69,950, it seems only a matter of time before 70 thousand dollars are exceeded. Bitcoin was finally at the level of 70 thousand dollars on June 10. At the beginning of July, Mt. Bitcoin, which fell up to 53 thousand dollars due to the effect of Gox and German government sales, but later rose again, was almost close to going above 70 thousand dollars. The biggest cryptocurrency, if it exceeds this level ($70 thousand), will have reached this price for the first time since June 10. The Trump influence moved up... In the recent rise of Bitcoin, Donald Trump's statements and even the armed assassination he suffered may be effective. Bitcoin, which fell sharply at the beginning of June, continued this decline in July and saw 53 thousand dollars, was on the rise just after Trump's armed attack on July 13. Bitcoin, which opened the day of July 13 at the level of 57,800 dollars, closed the day above 59 thousand dollars. The price rose sharply in a few days and rose to the level of 65 thousand dollars on July 15. Just in those days, it was announced that Trump would give a speech at the Bitcoin Conference. The dominance in Bitcoin, which made a rally with Trump, also rose to over 56%. Trump's commitment to strategic reserves at the conference again brought a significant rise in price on Saturday evening. Fed expectation... One of the most important periods expecte by traditional financial markets, such as cryptocurrency markets, is the Fed's FOMC meeting in September... The expectation at $BTC
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Bitcoin and the broader cryptocurrency market appear to have concluded their correction phase. Bitcoin is now aiming for a target range of $75K to $80K. Ensure you're holding a diverse portfolio of altcoins, as they are expected to surge during this bull cycle. Notable altcoins that are likely to perform well include Pepe, Floki, People, Bonk, Sats, Near, Shiba, and Dogecoin. For these altcoins, it is advisable to engage in spot trading. This strategy allows you to hold onto them throughout the bull run without worrying about daily price swings. Keep in mind that this bull run will develop in four phases, and we are currently in the initial phase. This means a long journey ahead with several corrections along the way. If you are considering entering a position in BTC, set a stop loss at $63K to manage your risk effectively. Stay vigilant for negative news and potential market manipulations that could trigger retracements. Avoid the fear of missing out (FOMO)-make your purchases during corrections or shortly after, such as now. Best of luck with your investments, and I will continue to provide updates throughout each correction phase until the end of this bull run #Bitcoin❗ #BullRunAhead #BinanceTurns7 #AltcoinStars
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"BREAKING NEWS: Trump Pulls Out of Presidential Debates! Donald Trump has surprised everyone by saying he won't participate in the presidential debates for now. This has caused a lot of speculation and discussion. Why is Trump avoiding the debates? Some people think he might be afraid to face Vice President Kamala Harris. This decision could hurt or help Trump's campaign. Will it make him look weak or smart? People are sharing their thoughts online, with some saying he's afraid and others saying it's a clever move. What's next ? Trump's team will focus on rallies and media appearances to keep his campaign going. Share your thoughts on Trump's decision! Like and share this post to stay updated!" Or in even simpler terms: "DONALD TRAMP won't participate in the presidential debates. People are wondering why. Some think he's afraid to face Kamala Harris. This might help or hurt his campaign. What do you think?"
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Trump and Musk at the Bitcoin Conference: A Game-Changing Collision of Politics and Tech? Mark your calendars: The year's most anticipated Bitcoin conference kicks off on July 25th, Beijing time, and it's poised to be a spectacle of epic proportions. Running until July 27th, this year's event promises unprecedented drama with none other than former President Donald Trump and tech titan Elon Musk headlining the show. Here's why this conference will be the most electrifying in Bitcoin history: Special Guests: A Power Duo Trump, the former President known for his polarizing politics and unfiltered opinions, joins forces with Musk, the enigmatic CEO of Tesla and SpaceX. Trump's speech, scheduled for the 27th, is expected to stir up significant buzz. His presence alone, given his massiv political influence and newfound enthusiasm for cryptocurrency, adds unparalleled excitement. Musk, whose statements and actions can send shockwaves through the crypto market, further heightens the stakes. The combination of these two influential figures is likely to spark intense media coverage and public debate and generating new meme coins akin to Dogecoin. Trump's Controversial Aura Adding another layer of intrigue, Trump recently faced a high-profile public shooting incident, drawing global attention and heightening his every move's scrutiny. His appearance at this conference will undoubtedly escalate the event's drama, setting the stage for bold declarations that could reshape the Bitcoin landscape and ignite fresh market opportunities. Previous Conference Market Trends With past Bitcoin conferences influencing market volatility, this year's agenda promises discussions on pivotal topics like Bitcoin spot ETFs and innovations within the crypto market. This gathering isn't just a showcase of industry leaders; it's a potential turning point that could significantly impact Bitcoin's price and market sentiment. #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #BinanceTurns7 #SOFR_Spike $BTC
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