The market is the same as yesterday - Bitcoin tried to hold above 95K again, but has not yet succeeded.
The external background is neutral-negative. The futures for the S&P 500 index are in the red, although an hour ago everything was fine.
Who did this?
Futures collapsed Livitt (White House speaker) and Bessent (Secretary of the Treasury).
They spoke about the 100 days of Trump's presidency. At first, there were general phrases (tariffs will bring profits to the USA, negotiations with everyone are going well, no problems in the supply chain are expected, etc.).
But the market didn't like several points mentioned:
1. Bessent refused to comment on the progress of negotiations with China but stated that China will bend.
Considering what I have already mentioned, I don't think so. The position of the USA is currently weaker.
2. Trump will sign an order on introducing automotive tariffs today.
3. Amazon is taking hostile actions against the USA (this is regarding their intention to visually show price increases due to tariffs).
The American market will likely open lower. We'll see how crypto will react to this. So far, it is holding quite well.
At the same time, at 1 AM Moscow time, Trump himself will speak. He can either use harsh rhetoric (China - enemies, we will impose secondary sanctions. Amazon - bad guys, will go for nationalization)), or support the markets (we will negotiate with everyone, we will solve everything, deals will come soon).
The American markets will already be closed, and crypto may react immediately. Although lately, the correlation between crypto and funds is steadily decreasing.
For further growth, it is necessary to secure the capitalization of the crypto market above 3 trillion. The question is only whether this will happen today or tomorrow, or next week.
The right tactic now is to hold Bitcoin, buy TOP-alts (first of all Ethereum and related assets), and in 6-12 months take 3-4x.
What could be simpler and clearer - I don't know. But only 5-10% of those who read this will do it.
How do I know?
From stories by readers). There was a sell-off due to corona-psychosis - everything is clear, and it was said in time, but few believed.
Forecast for 2023 - after 2022, many thought that 27-30K was the ceiling and it was time to sell).
Forecast for 2024 - after the summer sell-off and declines in August-September, many preferred to sit in stablecoins and came to their senses when Bitcoin was above 90K.
Most believed in Bitcoin at 100K when it happened.
But not everyone. There are people who think quickly and act confidently.
$BTC $BNB
"TAKEN FROM THE MAIN CRYPTO CHANNEL"
