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It’s definitely heading towards a collapse, as the White House begins testing BTC transfers. I’ve been saying BTC will definitely surge once.
But don’t get too excited; this isn’t a bull run. This is a technical correction, purely to please Trump so he can dump at high prices and feel good about it.
Unsurprisingly, BTC could very well return to the $72,000 level.
But just like the last big drop below $65,000, it’s purely tactical and unstable.
The White House holds over $400,000 worth of BTC, making it the second-largest whale after Satoshi Nakamoto.
Trump is causing chaos worldwide, all to “make money for the family,” right?
Now Trump has succeeded.
Old Trump is already a stock market god in the White House.
But that’s not enough; he still needs to harvest in the cryptocurrency market—the most profitable for the little guys, and the most satisfying to cut.
After all… the stock markets in Europe and America have massive Wall Street capital and old American money. Trump is really ruthless, and it’s easy to turn into a one-way street again.
Besides Europe and America, the Indian and Chinese stock markets are the fiercest. The Indian stock market is like a mascot—making money in India, punishing in India, both ways wanting to bring it home.
As for the Chinese stock market, it doesn’t give foreign investors any chance to harvest.
Other markets like Dubai and Israel are just a few small fish—nothing worth harvesting. 🤡
So, considering everything, only gold, oil, futures, and cryptocurrencies remain.
Gold and oil are also essential for the US. Using elimination, only cryptocurrencies are left for Old Trump to wildly wield his sickle.
Therefore, a wave of irrational growth in cryptocurrencies is expected. Reaching $70,000➕ will make the little guys think it’s a bull run, but it’s just Old Trump’s crazy scythe swinging.
If it surpasses $72,000 and can’t stabilize, then it will break below the critical resistance of $65,000, leading to a $30,000 Bitcoin, with $800$BTC and $8U$ETH coming soon.
Contract shorters will celebrate again.
HODLers, get your chips ready for a big bottom-fishing spree. ❗️$SOL