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Overnight, the cryptocurrency world has changed, Bitcoin has once again surpassed a total market capitalization of 3 trillion dollars!!! (The last time was during last year's bull market)
The bottom has risen by 20,000 points in just two weeks, with an overnight surge of around 7,000 points. What you think is the top is actually just a step in the ascent. This wave of Bitcoin has gone crazy and is leading the way.
Why is this wave of Bitcoin leading the rise of other encryptions???
First, Trump has backed down; the tariffs on Chinese goods will not reach 145%, and the tariffs on other countries have also dropped to freezing point.
Secondly, the crypto-friendly Paul Atkins has officially taken office as the SEC chairman, and those who understand know that this is preparing for the future Bitcoin strategic reserve.
Third, Trump has repeatedly criticized Powell, causing concerns about the independence of the Federal Reserve, which have currently eased.
Fourth, countries and institutions are crazily buying and increasing their holdings of Bitcoin, led by MicroStrategy and BlackRock.
Fifth, the Russia-Ukraine war may soon calm down.
Positive factors converge, and the bulls soar, giving a bit of a bull market feeling, but it's all just a feeling. The root of all this is related to "Trump." What a situation where success and failure both hinge on Trump!
For US stocks, gold, and now Bitcoin, they are all rising rather than falling. Even if gold pulls back, Bitcoin still rises against the trend. The technical indicators show a "divergence" state, and Bitcoin continues to develop its own upward momentum. After the upward trend, there will inevitably be a wave of correction, which requires time to adjust and repair. It all depends on whether you can hold on!
#加密市场反弹#