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Recently, the day before the White House encryption summit, President Trump signed a strategic BTC reserve order, using funds from previously confiscated and publicized BTC to establish reserves. After the reserve order was signed, the market did not perform strongly as expected, but instead experienced a market pullback.
What is the main reason?
1. Expected Realization: Before President Trump signed the strategic BTC reserve order, the market may have already anticipated this and reacted in advance. When the news is officially announced, some investors choose to take profits, leading to a market pullback.
2. Market participant structure: The participant structure of the BTC market is complex, including long-term investors, short-term traders, institutional investors, etc. Different participants may react differently to the same news, leading to divergences and fluctuations in the market.
From the current market situation, the series of actions taken by Trump are indeed favorable for the BTC market, but the market has been fluctuating these days, rising during the day and falling at night. It is indeed difficult to predict!
The fact that Trump has taken office has already proven the bullishness of BTC. Now, signing the BTC will definitely be a great bullish market!
#BTC #特朗普签署比特币储备令