Trump is set to make a major announcement at the Nashville Bitcoin Conference this Saturday, and the buzz among traders is electric. Markus Thielen, founder of 10x Research, hints that Trump might reveal plans to designate Bitcoin as a strategic reserve asset, which could spark a dramatic surge in Bitcoin's price. With Bitcoin trading close to its previous high of $69,000, Thielen warns that profiting or shorting Bitcoin before Trump’s speech might be risky.
This announcement comes at a critical time, as Joe Biden exits the presidential race, potentially clearing Trump's path to victory in November. A Trump win could also lead to changes at the SEC, possibly affecting Gary Gensler, known for his tough stance on crypto.
Tune in at 3 PM Eastern on Saturday for Trump's speech—it could be a game-changer for Bitcoin and the crypto market. Don’t miss this pivotal moment that could push Bitcoin prices to new heights. Like, comment, and subscribe for the latest updates and expert analysis on cryptocurrency trends!
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