$BTC Bitcoin surged 50% before flash crashing to $7,000! ETF buying spree, US strategic reserve plan, is the bull market really here?
Bitcoin is going crazy again!
On August 14th, Bitcoin's price instantly soared to an all-time high of $124,000, a daily gain of over 3%, but then plummeted $7,000 within 24 hours, a roller-coaster ride. Is this wild volatility the clarion call for a bull market, or a trap set by market makers to profit?
Everyone is hoping BTC will break through the $130,000 mark, but unfortunately, it's still a bit short. But don't be discouraged; what's coming will eventually come. Why has BTC plummeted in the past two days?
Brother Chuang provides detailed answers:
1. US government "magic maneuver": Tariffs turning into Bitcoin?
2. Positive policy: The US plans to use tariffs to purchase Bitcoin for its "strategic reserve," allowing pension funds to invest in cryptocurrencies.
3. Macroeconomic bombshell: A Fed rate cut that falls short of expectations could trigger a global sell-off in risky assets.
Strategy
Short-term: Set a stop-loss at $116,000. If it breaks $124,000, then lighten your position and chase the gains.
Long-term: Institutional investors continue to increase their holdings, retain a base position, and use 10%-20% of their capital to participate in short-term trading.
I'm currently looking to ambush a potential coin that's poised for a major rally. Doubling its value is fairly straightforward, and I expect it to be over 10x. Follow me if you'd like to follow along, and I'll share your experience for free!
