Regardless of Your Opinion On Trump and Elon, Don't Sleep On Their Social Volume!
🇺🇸🇿🇦 The public downfall of Donald Trump's and Elon Musk's relationship has generated many polarizing reactions from the crypto community. While others may see it as nothing more than petty drama, others are showing legitimate fear that the two powerful pro-crypto individuals being at odds will create a long-term bearish outcome.
📉📈 At least initially, the crypto selloff was nearly instantaneous, as Bitcoin quickly dropped down to $101.5. But after a quick recovery as high as $105.4K today, the drama may be shaping up to be a "sell the rumor, but the news" event. Generally, when major crypto personalities see spikes in discussion rate, the chances of market reversals increase.
🗣️ Track the of the two prominent figures here, and identify when markets are likely to reverse course next!
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account