MyE Trade

$BTC
Trump Media and its Bitcoin Strategy 🚀💰:

* Significant Investment 🏦:

* Trump Media & Technology Group (TMTG), the company behind the social network Truth Social, has announced plans to create a Bitcoin reserve. 😲

* The funds for this Bitcoin reserve will be obtained through the sale of stocks and convertible bonds. There is talk of an amount around $2.5 billion. 💸

* Strategic Motivation 🤔:

* The company has expressed that this measure seeks to protect itself against "financial censorship, political discrimination, and the abuse of power by traditional banks". 🛡️ This suggests a stance of financial independence and a bet on the decentralization that Bitcoin offers. 🌐

* The company aims to expand its reach in the U.S. economy. 🇺🇸

* Market Implications 📈:

* This decision has generated great interest in the cryptocurrency market, as the involvement of a public figure and a company with the visibility of Trump Media could boost Bitcoin adoption. 🔥

* This investment positions Trump Media as one of the major corporate holders of Bitcoin. 🐳

Custody 🔒:

* It has been reported that Crypto.com and Anchorage Digital will take care of the custody of Trump Media's Bitcoin reserve.🤝

Key Points✍️:

* The potential impact of this news on the price of Bitcoin. 🚀
* The interpretation of this move as a sign of the growing acceptance of cryptocurrencies in the business and political realms. 🏛️
* The possible regulatory implications that could arise from this foray. ⚖️
* The potential consequences of the mix between politics and cryptocurrencies. 🗣️
* The relevance of decentralization for social media companies. 📢

#TradingTypes101 #BTC

$BTC BTC/USDT PERSPECTIVES: Short term
The current price of Bitcoin is around $104,400 - $104,700 USDT. We have observed a correction from the recent historical highs near $112,000 USDT.

Short Term (next 1-2 weeks):

🧨Estimated general trend: Sideways to slightly bearish (Sideways probability: 50%, Bearish probability: 40%, Bullish probability: 10%).

Recent main arguments:

🚩After failing to maintain the highs, Bitcoin has entered a phase of correction and consolidation.

🚩Some short-term technical analysis suggests a continuation of selling pressure, with the breakdown of key support levels.

🚩Significant liquidations of long positions have been reported, which could exert additional downward pressure.

🚩The RSI (Relative Strength Index) in some time frames has exited the overbought zone and shows a downward slope, suggesting a pause in bullish momentum.

💹Volatility estimate: Medium to high (High probability: 55%, Medium probability: 40%, Low probability: 5%). Volatility could increase if important support levels are broken.

🛑Possible relevant stop loss levels for this time frame: Considering the recent price action, levels like $103,000 USDT or $101,500 USDT could be relevant for the short term, depending on your risk tolerance.

#TradingTypes101 #bitcoin #BTC #Binance #bnb

$PAXG PAXG/USDT Perspectives: Short and Medium Term
Estimated general trend: Slightly bearish to sideways with a probability of 55%. Bullish probability: 45%.

🔖Recent main arguments: Gold prices have shown a decline today, influenced by the appreciation of the dollar and cautious investor sentiment ahead of important inflation data. Some short-term technical analyses suggest a possible continuation of the correction towards support levels, although others see the possibility of a rebound if the dollar weakens or geopolitical concerns increase. A consolidation in lower ranges is observed after the recent pullback.

💹Volatility estimate: Medium with a probability of 60%. Although the recent trend suggests some calm after previous volatility, gold's sensitivity to economic news and dollar movements could generate fluctuations.

Possible relevant stop-loss levels for this term: For long positions, consider levels slightly below recent supports, for example, $3250 - $3265. For short positions, levels slightly above recent resistances, for example, $3300 - $3315.

#PAXG #PAXGUSDT #PAXGTrading #USDT #Stablecoins