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.