if POTUS makes positive or negative remarks it will reflect in price and this being a weekend price momentum is going down ↓ and I see it tanking.
certain whales want to fix the price to a certain amount as they have week long-month long future contracts
there are also certain countries that cant even mine for less than $80k so will be part of the buy support to stop prices tanking too fast/at all
there are also more countries that cant even mine for less than $75k so will be part of the buy support to stop prices tanking too fast/at all
pretty much all countries cant even mine for less than $70k so will be part of the buy support to stop prices tanking at all
so learn that there are support levels and stuff happening in the real bitcoin economy that counter the temporary social drama of emotional traders gambling just on potus news
this year has seen a new batch of naive, emotional traders who are not experienced.. they are the ones that get emotional and panic or get excited by any random news they get on their phone notification even if its not actually related to bitcoin.
EG the "jobs" or "tariff" news
most of these silly new traders ar very much addicted to trumpyism news no matter what it is..
the sooner we see these naive investor learn the hard way to not get triggered by every news article that pops up, the better they learn to trade smarter
and i feel this includes you where it sounds like you too are thinking potus is the puppet master of bitcoin.. without learning whats the actual economics of bitcoin outside of the 24hour drama sessions done by naive traders.. so give it time and the prolific spamming of potus news will die down
...
funny thing is for last few years many countries have been talking about strategic bitcoin reserves.. the BIS(bank of international settlement) has been making regs for it too.. but no one batted an eyelid. but this year the trumpettes are blowing their horns even though trump has not yet and wont even for the next month atleast be hoarding any bitcoin