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

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.

Report

Comment2

  • Top
  • Latest
  • popzi
    ·2025-03-07
    TOP
    Great insights! Really appreciate your thoughts! [Heart]
    Reply
    Report
    Fold Replies
    • MHh
      Thank you! All the best to your investments!
      2025-03-08
      Reply
      Report