🇺🇸 Summary of Trump's Speech at Bitcoin 2024
• Trump outlined plans to end the perceived adversarial stance of the US government towards cryptocurrency.
• Announced a policy to retain 100% of the US government’s current and future Bitcoin holdings.
• Recommitted to efforts to free Ross Ulbricht, the former operator of the Silk Road marketplace.
Price Fluctuations:
• One hour before the speech: Bitcoin was priced at $68,626.
• 30 minutes before the speech: The price slightly increased to $68,126.
• During the speech: Bitcoin traded at approximately $68,447.
• After the speech: The price dropped to $67,382, down about 1.72% from three hours earlier.
Current price of Bitcoin is $67,300.
• Trump outlined plans to end the perceived adversarial stance of the US government towards cryptocurrency.
• Announced a policy to retain 100% of the US government’s current and future Bitcoin holdings.
• Recommitted to efforts to free Ross Ulbricht, the former operator of the Silk Road marketplace.
Price Fluctuations:
• One hour before the speech: Bitcoin was priced at $68,626.
• 30 minutes before the speech: The price slightly increased to $68,126.
• During the speech: Bitcoin traded at approximately $68,447.
• After the speech: The price dropped to $67,382, down about 1.72% from three hours earlier.
Current price of Bitcoin is $67,300.
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DASH/USDT ⚡️
A descending channel between a larger ascending channel, so two scenarios are possible: the first scenario is the price growth up to the ceiling of the descending channel and then its failure and rise to the ceiling of the ascending channel.
The next scenario is the downward price until the bottom of the descending channel.
A descending channel between a larger ascending channel, so two scenarios are possible: the first scenario is the price growth up to the ceiling of the descending channel and then its failure and rise to the ceiling of the ascending channel.
The next scenario is the downward price until the bottom of the descending channel.
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#BTC / USDT
Bitcoin price is falling in the daily time frame after breaking the dynamic support.
After breaking the support of $64,000, now it is the turn of the support of $58,700.
Bitcoin price is falling in the daily time frame after breaking the dynamic support.
After breaking the support of $64,000, now it is the turn of the support of $58,700.
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ETHEREUM/USDT ⚡️
The descending channel was broken and the failure was confirmed, but now the price is again testing the dynamic resistance of the descending channel.
The current level of demand can support the price again. Otherwise, the price enters the downward channel.
🟢 Support Zone : 2900 - 2820
🔴 Resistance Zone : 3656- 3520
The descending channel was broken and the failure was confirmed, but now the price is again testing the dynamic resistance of the descending channel.
The current level of demand can support the price again. Otherwise, the price enters the downward channel.
🟢 Support Zone : 2900 - 2820
🔴 Resistance Zone : 3656- 3520
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