Strategy (formerly MicroStrategy) founder Michael Saylor has once again released chart related to $BTC Tracker, which clearly signals an increase in holdings.
I have always held a long-term bullish view. I will only increase my BTC holdings during a significant decline; at other times, I will just watch and wait for opportunities.
Currently, the overall environment for BTC is optimistic. As of May 3rd, the total holding amount on the BTC chain has surpassed 1.13 million coins, reaching approximately 1.136 million BTC.
Bitcoin returns close to 98,000 43815387186. Earlier, Trump sparked a trade war, causing panic in the financial markets, and the cryptocurrency industry followed the wild fluctuations of the U.S. stock market. Bitcoin has stabilized at 96,000 USD from 74,000 USD in early April. Currently, the overall environment is favorable for the cryptocurrency industry, and I remain optimistic about the market in the future. I look forward to 120,000 USD as my first target.
BTC has been consolidating for several months, and with the ongoing developments of the trade war, BTC has started to warm up, reaching a high that has exceeded 94,000 US dollars. I personally maintain an optimistic attitude towards BTC in the future, leaving aside the altcoin market for now.
Yesterday, the S&P 500 Index, NASDAQ Index, and Dow Jones Index fell by 3.35%, 3.5%, and 3.27%, respectively. Bitcoin has recently managed to break away from the previous trend of closely following U.S. stock market movements, establishing an independent trend with its own safe-haven nature. Compared to the relatively stable sentiment among cryptocurrency investors, Bitcoin has surpassed the $88,000 mark, showing a clear upward trend. Although BTC has performed strongly, the altcoin market led by ETH still shows signs of anticipation, and it is clear that a widespread market rally is still some time away. Based on personal style and financial capacity, managing positions well is still very important. Don’t be impatient, don’t rush, quietly wait for opportunities; BTC will not let you down.
This morning, Bitcoin plummeted, joining the global asset sell-off.
Since the implementation of Trump's tariffs on the 4th, Bitcoin remained relatively stable, hovering around $83,000, but ultimately could not withstand the weakness, with the $78,000 support level facing a test this morning.
Trump's erratic actions have shaken the global financial markets, causing U.S. stock futures, crude oil futures, spot silver, and cryptocurrencies to all enter a free-fall mode, with no exceptions.
The investment cost-effectiveness of $78,000 has gradually improved, but given the current situation, caution is warranted, as there may be opportunities to acquire cheaper assets later on. 87724734230 88119192431 19440660341 06850359002 68307988702
Before the opening of the U.S. stock market on Friday, April 4, the U.S. Department of Labor Statistics released the non-farm employment report. The increase in non-farm employment in March was better than expected, but the unemployment rate rose further to 4.2 from the previous month. After the data was released, US President Trump said on social media that the March employment data was better than expected. He wrote that the employment data was very good, much better than expected, and it has worked. Hang in there, we won't lose. US non-farm payrolls data was better than expected. The non-farm payrolls report showed that the number of non-farm payrolls in the United States increased by 228,000 in March, compared with an estimated increase of 140,000. The average hourly wage in the United States rose by 0.3% month-on-month in March.
Last night, Trump announced a new round of retaliatory tariffs, and after the news was released, global markets were in disarray, with S&P 500 index futures falling 1.5% and Nasdaq index futures down 2%. The cryptocurrency market also saw initial gains followed by a decline. The U.S. has imposed a 10% tax on basic trade partners, treating even trade deficit countries like Singapore and Australia the same. On top of the 10%, additional taxes will be levied based on the proportion of each country's trade surplus with the U.S. This has rendered the formerly effective transit trade domestically ineffective. Countries like Vietnam (+46%), Thailand (+36%), and Indonesia (+32%) have tax rates that are even higher than the domestic rate of 34%.
Circle is a crypto company that wants to take advantage of the sudden change in US regulatory direction and go to the US stock market to ride the wind and waves.
Circle tried to "reverse listing through a backdoor listing" in early 2022, but was limited by the opportunities at the time and suffered a series of thunderstorms, and was eventually shelved.
Unfortunately, in 2023, he collided with the train of Silicon Valley Bank's bankruptcy and ended up in vain again.
Circle owns the world's second largest stablecoin USDC, with a total market value of up to 60 billion US dollars. Its source of income comes from the financial management income of the reserves held in its hands.
The high interest rates maintained by the Federal Reserve in the past two years have undoubtedly made Circle quite profitable.
Since taking office, Trump has said more than once that he will make the United States a "global cryptocurrency capital" and is also setting a regulatory framework for stablecoin operators.
Quoting the old Chinese saying that things never happen more than three times, Circle may be at the right time this time.
So, can Circle take advantage of this favorable situation in 2025 and make a splash?
The bull is lurking, the bear is unwilling, silently waiting for the crazy bull to run wild.
25.4.1
Tomorrow, April 2nd, Trump's tariff hammer will come down. The consequence will be the boycott of other countries while also leading to a rise in domestic prices in the US, increasing the burden on consumers. Now the US stock market is plummeting, and the S&P 500 index has recorded its largest quarterly drop since the fall of 2022, while Bitcoin is also falling with the wind, making people uneasy. Next, with Trump's tariffs implemented, is the US economy about to collapse? Has the bear market really arrived? Or, will the bad news be exhausted, bringing good news and a rebound, or will it reverse sharply and surge? In fact, Trump's tariffs are just an important part of a potential bull market; the key point still depends on the Federal Reserve's decisions on printing money and the execution progress.
BTC has dropped below 83,000; can we defend at 80,000 next?
BTC has dropped below 83,000, and I can see that everyone is feeling down. This is purely a normal reaction; adjust your psychological state and keep a calm mindset. If you don't rush, everything will seem less difficult. Clarify your thoughts and distinguish the main points; the problems are just a few. Why rush? The key is that your anxiety won't change anything. The coins you hold won't rise just because you are anxious or frustrated; will money miraculously multiply? Is that possible? So I say, why should we be so anxious? Anyway, it's a personal rule of mine not to touch contracts.