The crypto summit is good news

The crypto summit is good news in general for crypto. However, I expect the the price to surge only if the government buys more coins to fuel demand. Investors’ confidence will boost especially if the government offers regulation like any other currency. In view of the news, there should be sufficient momentum for bitcoin to revisit $100k but I think that higher prices can only be achieved if the government starts buying to add to the reserves. $Strategy(MSTR)$ might be a good trade swing to ride on this momentum. However, I would consider further potential before investing in the longer term as it is too volatile and very dependent on news.
@Universe宇宙 @HelenJanet @SPOT_ON @Wayneqq @Fenger1188 @rL @Success88 @DiAngel @Kaixiang come join

Bitcoin Retraces: Can the Crypto Summit Mark a Directional Shift?

Bitcoin has experienced significant fluctuations in the past few days. It surged above $90000 on Wednesday and then retraces ahead of summit. ------------------ Is there a chance for Bitcoin and related stocks to rebound this week? Does the upcoming cryptocurrency summit mean more positive news, or is it a "sell the news" scenario? Which coin or stock are you watching? Which stock offers more certain trading opportunities this week?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

popzi
03-07
popzi
Great insights! Really appreciate your thoughts!
- MHh:
  Thank you! All the best to your investments!

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":410910731837768,"tweetId":"410910731837768","gmtCreate":1741315286431,"gmtModify":1741330225692,"author":{"id":4091758936365950,"idStr":"4091758936365950","authorId":4091758936365950,"authorIdStr":"4091758936365950","name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Published at least 3 PICK posts (or 10 IDEA posts) and, within the past 30 days, posted at least 1 PICK post (or 4 IDEA posts) and 1 comment","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.03.13","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":548,"starInvestorFlag":false},"themes":[{"themeId":"10c07c7775754a61853a8243c0bff75d","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Bitcoin Retraces: Can the Crypto Summit Mark a Directional Shift?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":10c07c7775754a61853a8243c0bff75d}&rnconfig={\"headerBarHidden\": true}","description":"Bitcoin has experienced significant fluctuations in the past few days. It surged above $90000 on Wednesday and then retraces ahead of summit.\n------------------\nIs there a chance for Bitcoin and related stocks to rebound this week? \nDoes the upcoming cryptocurrency summit mean more positive news, or is it a \"sell the news\" scenario? \nWhich coin or stock are you watching? \nWhich stock offers more certain trading opportunities this week?","image":"https://community-static.tradeup.com/news/94828cabac89e19c04dfd7f4bef8e1a5"}],"images":[],"coverImages":[],"html":"<html><head></head><body>The crypto summit is good news in general for crypto. However, I expect the the price to surge only if the government buys more coins to fuel demand. Investors’ confidence will boost especially if the government offers regulation like any other currency. In view of the news, there should be sufficient momentum for bitcoin to revisit $100k but I think that higher prices can only be achieved if the government starts buying to add to the reserves. <a href=\"https://ttm.financial/S/MSTR\">$Strategy(MSTR)$</a> might be a good trade swing to ride on this momentum. However, I would consider further potential before investing in the longer term as it is too volatile and very dependent on news. \n<br><a href=\"https://ttm.financial/U/3585001294737518\"> @Universe宇宙 </a><a href=\"https://ttm.financial/U/3581735774790928\"> @HelenJanet </a><a href=\"https://ttm.financial/U/3582922989777578\"> @SPOT_ON </a><a href=\"https://ttm.financial/U/3574671931921507\"> @Wayneqq </a><a href=\"https://ttm.financial/U/4088149090977750\"> @Fenger1188 </a><a href=\"https://ttm.financial/U/4100927749199030\"> @rL </a><a href=\"https://ttm.financial/U/4101948424484190\"> @Success88 </a><a href=\"https://ttm.financial/U/4100833454173050\"> @DiAngel </a><a href=\"https://ttm.financial/U/3568714328624189\"> @Kaixiang </a>come join </body></html>","htmlText":"<html><head></head><body>The crypto summit is good news in general for crypto. However, I expect the the price to surge only if the government buys more coins to fuel demand. Investors’ confidence will boost especially if the government offers regulation like any other currency. In view of the news, there should be sufficient momentum for bitcoin to revisit $100k but I think that higher prices can only be achieved if the government starts buying to add to the reserves. <a href=\"https://ttm.financial/S/MSTR\">$Strategy(MSTR)$</a> might be a good trade swing to ride on this momentum. However, I would consider further potential before investing in the longer term as it is too volatile and very dependent on news. \n<br><a href=\"https://ttm.financial/U/3585001294737518\"> @Universe宇宙 </a><a href=\"https://ttm.financial/U/3581735774790928\"> @HelenJanet </a><a href=\"https://ttm.financial/U/3582922989777578\"> @SPOT_ON </a><a href=\"https://ttm.financial/U/3574671931921507\"> @Wayneqq </a><a href=\"https://ttm.financial/U/4088149090977750\"> @Fenger1188 </a><a href=\"https://ttm.financial/U/4100927749199030\"> @rL </a><a href=\"https://ttm.financial/U/4101948424484190\"> @Success88 </a><a href=\"https://ttm.financial/U/4100833454173050\"> @DiAngel </a><a href=\"https://ttm.financial/U/3568714328624189\"> @Kaixiang </a>come join </body></html>","text":"The crypto summit is good news in general for crypto. However, I expect the the price to surge only if the government buys more coins to fuel demand. Investors’ confidence will boost especially if the government offers regulation like any other currency. In view of the news, there should be sufficient momentum for bitcoin to revisit $100k but I think that higher prices can only be achieved if the government starts buying to add to the reserves. $Strategy(MSTR)$ might be a good trade swing to ride on this momentum. However, I would consider further potential before investing in the longer term as it is too volatile and very dependent on news. @Universe宇宙 @HelenJanet @SPOT_ON @Wayneqq @Fenger1188 @rL @Success88 @DiAngel @Kaixiang come join","highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/410910731837768","repostId":0,"isVote":1,"tweetType":1,"viewCount":481,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MSTR"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":628,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":410953559016024,"commentId":"410953559016024","gmtCreate":1741330592156,"gmtModify":1741337514964,"authorId":3479274795873497,"author":{"id":3479274795873497,"idStr":"3479274795873497","authorId":3479274795873497,"name":"popzi","avatar":"https://static.tigerbbs.com/a539edbf3388702a82cb1d4728704766","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":410910731837768,"objectIdStr":"410910731837768","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great insights! Really appreciate your thoughts! [Heart]","text":"Great insights! Really appreciate your thoughts! [Heart]","html":"Great insights! Really appreciate your thoughts! [Heart]","likeSize":1,"commentSize":1,"subComments":[{"id":411223865868528,"commentId":"411223865868528","gmtCreate":1741429588320,"gmtModify":1741429591626,"authorId":4091758936365950,"author":{"id":4091758936365950,"idStr":"4091758936365950","authorId":4091758936365950,"name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Published at least 3 PICK posts (or 10 IDEA posts) and, within the past 30 days, posted at least 1 PICK post (or 4 IDEA posts) and 1 comment","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.03.13","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":1,"categoryType":2007}]},"repliedAuthorId":0,"objectId":410910731837768,"objectIdStr":"410910731837768","type":1,"supId":410953559016024,"supIdStr":"410953559016024","prevId":0,"prevIdStr":"0","content":"Thank you! All the best to your investments!","text":"Thank you! All the best to your investments!","html":"Thank you! All the best to your investments!"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/410910731837768"}