Will Bitcoin Rise Or Fall Again? QCP Questions Trump-Fueled Rally

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So, while the timing of the SBR was somewhat unexpected, the political calculus was clear — Trump needed a win before his approval ratings starts slipping, a metric he likely takes very personally.” However, questions remain as to whether this move represents a genuine shift in policy toward long-term crypto adoption or simply a well-timed announcement aimed at stabilizing sentiment before further economic strain emerges.

The VIX is also elevated, signaling broader market unease in risk assets overall, particularly after the recent tariff escalations from the US administration.” Lessons From The Past: The Xi Candle’ Comparison For seasoned traders, the weekend’s price action is reminiscent of a historical event in the crypto market—the infamous Xi Candle of 2019.

Reflecting on the Xi Candle, Cold Blooded Shiller recalled how Bitcoin had been in a prolonged downtrend, trading at fresh lows with market sentiment at rock bottom.

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Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustriaChinaUkraine

Topics: Bitcoin Bitcoin news Btc price Btc Bitcoin price BTC news Bitcoin price analysis Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 02:00:36 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 934 words

Reading Time: 6 minutes read

Sentences: 94 lines

Sentence Length: 10 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 26653305

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Main Topics: Crypto

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