Hey everyone so as you can see with the Bitcoin price, we have not gotten much of an impulsive move to the upside. No need to fret. I placed an order in for $53K Bitcoin with 10 percent of my cash on hand. I did this on Binance using a limit order. I am also using USDT for this trade. Right now Open Interest could use a bit of a flush as well so I am looking forward to picking up some more Bitcoin.
Once again nothing has changed. We are still in a bull market. Many are looking for November to get an idea of where the price of Bitcoin will be heading. My encouragement to you is to focus on Bitcoin because no presidential candidate will stop Bitcoin from going parabolic. Yes you probably don't hear that much but its the truth. Throughout my crypto journey there have been many different presidents. None of them used Bitcoin or crypto as a platform for their campaigns, and none of them affected the price of Bitcoin. This is mainly due to the fact that presidents have zero say on what the Federal Reserve does. They also have zero say in how the Bitcoin network functions. In other words, presidents don't have the printing press. The Fed does. This election cycle is no different.
Stay tuned for more updates
