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Crypto Yolo
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Is this dude crazy? đ¤Ź
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Crypto Yolo
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Next week will be packed with earnings reports. Many big names and market leaders will release their results for the past quarter and year. The most noteworthy include: ⢠January 28: BA, LMT, SBUX, GM, IVZ ⢠January 29: META, MSFT, TSLA ⢠January 30: AAPL, AMZN, V, MA, INTC ⢠January 31: CVX, XOM, ABBV. Letâs keep an eye on it đ Probably will see crypto volatility also , be careful #USTaxExemptionPlan
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Donald Trumpâs Executive Orders on Cryptocurrency đ The White House has published a new release outlining key measures: đ Establishing a cryptocurrency task force to strengthen the U.S.âs leadership in digital finance. đ Task force objectives: ⢠Develop a regulatory framework for the crypto market (including stablecoins). ⢠Plan the potential creation of a crypto reserve. đ Appointing David Sacks as the âcrypto czarâ to coordinate the groupâs efforts. đ Expert qualification control: Sacks will recruit the best specialists in the field of digital assets. đ Executive Order: ⢠Regulators are required to coordinate regulations and actions with the task force. ⢠A complete ban on the issuance of CBDCs by government agencies. đ Repealing the previous administrationâs orders, which restricted the development of the crypto industry and weakened the U.S.âs economic freedom. These measures are aimed at strengthening the U.S.âs position as a global leader in digital finance. In the medium term, this is a very bullish signal. Weâre likely to see a proper crypto bull run soon⌠However, itâs concerning that everyone is hyping this bull run right now. In past cycles, it looked like this: 1. Things were very quietâno one was interested in or pushing crypto. 2. The market grew steadily and linearly. 3. When prices became overheated, the media started pushing similar news. 4. The market unloaded, and a bearish phase followed. Whatâs concerning now: the U.S. stock market is overheated, BTC is overheated, and altcoins lack sufficient liquidity. #BTCStateReserves
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$TRUMP will be pushed down to at least $24-28 (they need to scare people into selling, so theyâll drop it below the previous low to make it convincing). But I donât plan on buying this Sh*** for now.
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According to analysis, 99% of traders eventually lose their deposits. And itâs no surprise, as they are up against: ⢠Experienced market makers ⢠Market manipulators ⢠Teams of psychologists who understand human behavior ⢠Advanced AI technologies ⢠Insiders with access to key information In such conditions, winning becomes almost impossible.
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#TRUMP has an absolutely wild PR team that pulls off insane moves! đ I wonât even start on the meme coin before the inauguration, but the TikTok ban/reinstatement is a power move. Let me remind you, Trump was one of the first to try to shut it down in the U.S. back in 2020⌠and now he looks like the savior who put the âbad guysâ in their place for trying to ban TikTok. Itâs surreal and a brilliant hype move (for people who forget what happened yesterday). $TRUMP
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