$BTC What will be the next target for Bitcoin...? | Crypto_King_Tiger on Binance Square

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$BTC 
BTC
90,116.42
-0.61%
What will be the next target for Bitcoin...? 
108000$?
109000$?
110000$?
111000$
Anyone want to give their opinion...?

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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#TrumpTariffs President Donald Trump's tariff policies have been making headlines recently. Here's what's happening ¹ ² ³: - *New Tariff Letters*: Trump has signed letters targeting 12 countries with tariff rates ranging from 10% to 70%, effective August 1. These letters will be sent to countries in batches of 10. - *Tariff Rates*: Trump prefers simple tariff rates over complex negotiations. About 100 countries might face a 10% reciprocal rate, while others, like Vietnam, could see rates of 20% on all goods and 40% on transshipped goods. - *Revenue Collection*: Trump's tariffs have already generated significant revenue, with $22.3 billion collected in May and over $16.1 billion in April. - *Impact on US Employers*: According to analysis, Trump's tariff plans could cost US employers $82.3 billion, affecting firms with $10 million to $1 billion in revenue, particularly in the retail and wholesale sectors. - *Trade Wars*: Trump's administration has escalated trade wars with countries like China, Canada, and Mexico, imposing higher tariffs on goods from these nations. For example, China faces effective tariffs of 145% on some imports. - *Key Tariff Dates*: - *April 2, 2025*: Trump signed an executive order imposing a minimum 10% tariff on all US imports. - *April 5, 2025*: General tariffs took effect. - *July 9, 2025*: Deadline for Trump to formally set tariff rates on goods from dozens of countries. These developments indicate a significant shift in US trade policy under Trump's administration ¹ ³ ⁴.

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$BTC Bitcoin's current price is around $108,032.59, with a market capitalization of approximately $2.15 trillion USD. Here's a breakdown of its recent performance ¹ ²: - *Price Change*: -0.01% in the last 24 hours, with a high of $108,301.32 and a low of $107,936.64 - *Market Stats*: - *Market Cap*: $2.15 trillion - *24-hour Trading Volume*: $30.006 billion - *Circulating Supply*: 19.89 million BTC - *Recent Trends*: - *1-hour Price Change*: -0.1% - *7-day Price Change*: +0.34% - *30-day Change*: +4.4% - *60-day Change*: +11.41% - *90-day Change*: +41.39% Some sources report slightly different prices, such as $108,089.99 or $108,013.83, but the overall trend remains relatively stable ³ ².

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#HODLTradingStrategy HODLing is a long-term investment strategy used in cryptocurrency trading, where an investor buys and holds onto digital assets despite market fluctuations, with the goal of profiting from potential long-term growth. This approach requires patience, emotional discipline, and a strong belief in the underlying cryptocurrency's technology and future. *Key Principles of HODLing:* - *Long-term investing*: Buying assets with a long-term perspective, often spanning years. - *Ignoring short-term volatility*: Resisting the urge to sell during market downturns. - *Fundamental analysis*: Choosing cryptocurrencies with strong fundamentals and potential for growth. *Benefits of HODLing:* - *Potential for long-term growth*: HODLing allows investors to capitalize on the overall growth trend of the crypto market. - *Reduced transaction costs*: Minimizing buying and selling fees by holding assets long-term. - *Emotional discipline*: Avoiding impulsive decisions driven by short-term market fluctuations. *Risks and Considerations:* - *Market volatility*: Cryptocurrencies are known for their price swings, which can be challenging for HODLers. - *Opportunity cost*: Holding onto assets for too long might cause investors to miss out on other investment opportunities. - *Lack of flexibility*: HODLing requires a buy-and-hold approach, limiting the ability to adapt to changing market conditions. *Tips for Successful HODLing:* - *Research and select reliable assets*: Choose cryptocurrencies with strong fundamentals and growth potential. - *Diversify your portfolio*: Spread investments across multiple assets to minimize risk. - *Set clear investment goals*: Define your objectives and risk tolerance before adopting a HODL strategy ¹ ².

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#MuskAmericaParty Elon Musk has launched the "America Party," a new political party aimed at challenging the dominance of the Democratic and Republican parties in the US. This move comes after a public feud with President Donald Trump, particularly over fiscal policy and the phase-out of electric vehicle tax credits, which could impact Musk's Tesla business. *Key Points About the America Party:* - *Purpose*: To give Americans "back their freedom" and offer an alternative to the current "uniparty" system, which Musk believes silences the true will of the people. - *Background*: Musk's decision to form the party followed a poll on his social media platform X, where over 1.2 million respondents voted, with a 2:1 majority supporting the creation of a new party. - *Goals*: The party aims to target key Senate and House seats in the upcoming elections, potentially disrupting the current political landscape. - *Musk's Criticism*: Musk has criticized the current system, stating that the US is no longer a two-party democracy but a "uniparty" system dominated by waste and corruption ¹ ² ³. *Reactions and Implications:* - The America Party's impact on the US political scene remains to be seen, with mixed public opinion on its potential success. - Musk's party could potentially draw support from those dissatisfied with the current political establishment. - The move marks a significant escalation in Musk's public feud with President Trump and deepens his critique of the nation's political establishment ¹ ⁴.

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#SpotVSFuturesStrategy When it comes to #SpotVSFuturesStrategy, here are the key differences: *Spot Market* - Immediate settlement of transactions - Ownership is transferred immediately - Prices determined by current supply and demand - Suitable for short-term traders and investors who want to own the asset *Futures Market* - Contracts to buy or sell an asset at a future date - Settlement occurs on a specific future date - Prices determined by expected future supply and demand - Suitable for traders who want to hedge or speculate, with higher risk and leverage *Key differences* - *Settlement time*: Spot market settles immediately, while futures market settles at a future date - *Risk*: Spot market exposes you to current market risks, while futures market exposes you to future market risks - *Leverage*: Futures market offers higher leverage, which can amplify gains and losses *Which strategy to choose?* - If you're a short-term trader or investor who wants to own the asset, spot market might be suitable - If you're looking to hedge or speculate with leverage, futures market might be a better fit Ultimately, the choice depends on your investment goals, risk tolerance, and market outlook.

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