Hello!
After some crazy red candles Donald Trump moved the entire market upwards fiercely. We touched $78,000 or even lower in some exchanges for a while and just 48 hours lates wer are now over $92,000 at the time of writing this words. Crazy times!
That's why I always tell you that this market has opportunities sitting in front of you. You just need to have done the work before and have conviction. Take a look at how this candles look at the chart. They look wild!
He published some declarations about the Crypto Strategic Reserve (not called Bitcoin strategic reserve), and it made the market to switch from oversold to the opposite direction. In fact, what is good for crypto is good for Bitcoin. But I am not sure he understands what kind of assets is he talking about, take a look at his words:
A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!
What is clear, is that he is very serious about creating a U.S Crypto Reserve. Promises made promises kept? Probably yes. I would bet he will.
I assume he received some internal feedback about not mentioning Bitcoin and also Ethereum among those coins. And after that he published the following:
At this point is clear that his internal team corrected Donald Trump. It's notable that he forgot Bitcoin from the headline, it was intentional? I also think so. He clearly know that Bitcoin is the most important criptocurrency, and he intentionally doesn't include it in their first communication. After his team talked to him saying that this could make angry the Bitcoin community he clearly writes another communication stating the error.
I think that this is the most probable cause and course of the events.
In any case, good news for the market! Let's go!