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Trump's 2nd Term Seems Certain; Bitcoin +1,854% During His 1st Term!

Institutional Crypto Research Written by Experts

Author

Markus Thielen
July 20, 2024

👇1-14) Trading is akin to solving a daily puzzle with ever-changing pieces. Traders must continuously assess their current positions against the latest data, adjusting their strategies as needed. George Soros famously demonstrated the importance of adaptability in trading by switching his stance when trades turned against him, using opposing hypotheses to guide his decisions.

👇2-14) Our Monday report, "10 Reasons Why Bitcoin Surged 10%," highlighted the shift in Bitcoin sentiment. Bitcoin could maintain its bullish narrative this week, especially with high expectations for Trump’s keynote address at the Bitcoin conference in Nashville. There is speculation that Trump might announce Bitcoin as a strategic reserve for the U.S., which could further boost its value.

👇 3-14) On Monday, Larry Fink, CEO of BlackRock, spoke favorably about Bitcoin on Bloomberg, calling it a legitimate financial instrument and praising its potential to revolutionize the financial system. Fink's comments reflect a significant shift from his earlier skepticism and align with growing institutional interest in cryptocurrencies. There is now speculation that other corporate leaders would also endorse Bitcoin.

Bitcoin between November 2016 and November 2020

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