#DayTradingStrategy

🚨 Musk Launches America Party — Backs Bitcoin Over Fiat

Elon Musk just shook up both politics and crypto markets. On Sunday, he officially launched the America Party, and the big headline? The party supports a Bitcoin-based financial system, rejecting traditional fiat.

🔹 Musk isn’t new to Bitcoin. Back in 2021, Tesla bought $BTC 1.5B in BTC, and today holds 11,509 BTC, valued at $1.26B, ranking 9th among public companies holding Bitcoin.

🔹 Despite past skepticism, Musk now appears to be pivoting strategically, aligning his political ambitions with crypto adoption.

🔹 Known for moving markets (especially DOGE), his influence could give Bitcoin and other digital assets more political legitimacy.

This announcement follows Trump’s “One Big Beautiful Bill”, but Musk believes the U.S. needs a third-party shakeup—and crypto might be the backbone of that change.

💬 Musk says: corruption and wasteful spending are choking the system. The America Party aims to disrupt that—with Bitcoin as its economic foundation.

🧠 Takeaway for traders: Political narratives around crypto adoption are gaining serious traction. Watch for volatility and potential bullish momentum tied to Musk’s political moves.