agoristo on Nostr: Trump is talking about the market taking a hit, so all of the moderately steady hands ...

Trump is talking about the market taking a hit, so all of the moderately steady hands worried about landing in a cash crunch are now selling. Think of it as an extended consolidation round.

I was thinking about this today: If an SBR procurement plan gets announced while the rest of the market is in freefall, we could see Bitcoin bounce while the rest of the market is in freefall. That would provide an opportunity to seize on Bitcoin's validity as a store of value (at a time that i's very visible to the public, perception is important) as an underlying asset for USD.