Bitcoin broke through the 61.8% retracement of Sunday’s surge higher and is now only $2500 above when Trump tweeted about a strategic reserve including bitcoin and at least 4 other cryptos.
Bitcoin intraday
It’s a disappointing outcome but I highlighted that Trump’s tweet had no money behind it, nor any details.
“If you read between the lines, it’s not clear exactly what has changed.
Trump’s executive order was already issued and it’s not clear if he
would have the authority to create any kind of reserve without Congress…
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