A day before the White House Crypto Summit, Trump made a historic move—signing an order to create a strategic Bitcoin reserve using seized BTC. It was a moment that could have ignited a major rally. But instead of skyrocketing, the market took a dive.
So, what happened?
Many traders likely saw the news as a perfect opportunity to take profits. After all, Bitcoin had been on a strong run leading up to the announcement. "Buy the rumor, sell the news" played out once again. But could this dip be short-lived? With Bitcoin now being considered a strategic asset at the highest levels, the long-term implications could be massive.
What’s your take—was this just a temporary shakeout, or is the market pricing in something bigger? Let’s discuss! #TrumpSignsBitcoinReserve
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A day before the White House Crypto Summit, Trump made a historic move—signing an order to create a strategic Bitcoin reserve using seized BTC. It was a moment that could have ignited a major rally. But instead of skyrocketing, the market took a dive.
So, what happened?
Many traders likely saw the news as a perfect opportunity to take profits. After all, Bitcoin had been on a strong run leading up to the announcement. "Buy the rumor, sell the news" played out once again. But could this dip be short-lived? With Bitcoin now being considered a strategic asset at the highest levels, the long-term implications could be massive.
What’s your take—was this just a temporary shakeout, or is the market pricing in something bigger? Let’s discuss!
#TrumpSignsBitcoinReserve