Trump's assassination attempt failed, the curtain rises on a three-stage encryption carnival?
Trump's victory is positive for cryptocurrency, but it won't last long.Author: DUO NINE YCC
Compiled by: 深潮TechFlow
The attempted assassination of Trump will have far-reaching effects, including on the cryptocurrency market. I expect a massive market crash in 2025, but I didn't anticipate that this event would be the trigger, especially the attempted assassination.
Now, let's take a look at how all this happened.
Yesterday's event is the first phase of a three-stage market crash. Let me explain it to you in detail.
1. Trump’s Attempted Assassination - July 2024
With this event occurring, the U.S. presidential election is almost settled. As long as nothing bad happens to Trump before November 5, he will win the election.
If you have doubts about this, you can refer to the attempted assassination of Reagan in 1981. He won the 1984 election by a landslide.
2. Trump Becomes President - November 2024
As you can see, Trump has many enemies. They have tried various ways to stop him, but his chances have never been higher.
Assuming he wins the election, what will happen next?
There are many ways to make Trump's post-election days difficult. No president can fully control the market, the ultimate power tool.
3. Massive Market Crash - 2025
The best way to retaliate against Trump is to cause a market crash during his second term.
This way, he will bear all the responsibility for the crash and must deal with it. The market is already prepared for a massive crash. The S&P 500 index set a new record just last week.
In my view, it will continue to break records until the U.S. elections are over.
Then the hammer will drop.
When exactly? No one knows, but from the perspective of the cryptocurrency cycle, 2025 is a good year.
How to Prepare?
Typically, a cryptocurrency bull market does not last more than two years, and we don’t have much time after 2024. Trump's victory is favorable for cryptocurrency. Try to take advantage of this (i.e., sell), but I don’t think it will last long.
There may also be one last market surge at the beginning of 2025, but the risk of a crash will be higher then, and if you miss the timing, you could get stuck. Bear markets always begin in the frenzy at the market peak. Remember that.
At the end of this cycle, you only need to hold three assets: Bitcoin, gold, and the U.S. dollar. Any other assets will perform poorly in the next two years. You can read more about this in this article.
Whether Trump wins is somewhat irrelevant to the cryptocurrency cycle, but his victory makes a crash in 2025 more likely. The question is, will Bitcoin become a safe haven during this crisis, or will it crash along with everything else?
Disclaimer
Everything in cryptocurrency, the market, and life is based on probability. Nothing is certain, but as each phase is confirmed, the scenarios above become more likely. If Trump wins the election, be prepared for a market crash. I will revisit these assumptions at the end of 2024.
