TRUMP JUST CRASHED CRYPTO! (GET READY FOR TOMORROW!)
My Financial Friend
Current Market Situation
- Trump's speech caused market congestion, slowing down transactions on Solana, Bitcoin, Ethereum, and Base.
- Cryptos are experiencing a downturn, with Trump token dropping 30-40% after the release of Melania coin.
- Volatility is high, with opportunities for gains and losses.
Trader's Portfolio and Strategy
- The trader has 80% of their portfolio in Bitcoin and plans to sell other tokens.
- They are prepared for volatility in the next couple of days and weeks.
- The trader believes in holding Bitcoin long-term but is open to selling other tokens for profits.
Market Predictions and News
- Trump is expected to sign 100-200 executive orders, including the Strategic Bitcoin Reserve.
- MicroStrategy and BlackRock are buying Bitcoin, which could drive up the price.
- The trader expects high volatility, with altcoins moving up and down 20% daily.
Overall Outlook
- The trader remains long-term focused and excited about the potential of crypto.
- They believe that crypto is still a game-changing technology with high liquidity and low transaction fees compared to traditional assets.
- The trader advises staying calm and taking advantage of buying opportunities, with the potential for Bitcoin to reach $1 million in the current cycle or presidency.