Bitcoin (BTC) Traders Brace for ‘Fat Tails’ as Focus Shifts to Trump’s Bitcoin Conference Appearance


“Speculation is high that he will announce bitcoin as a strategic reserve asset, which could trigger a parabolic rise in bitcoin’s price,” Markus Thielen, founder of 10x Research, said in Monday’s edition of the newsletter. “Taking profit, or even shorting bitcoin ahead of Trump’s Nashville speech, could turn out to be an expensive exercise.”



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