Ari Paul, founder of BlockTower Capital, recently Bitcoin and came to the fore with a striking statement about former President Donald Trump.
Paul said in a tweet that he was skeptical of the US adopting Bitcoin as a strategic reserve in the next four years, but also considered the possibility of Trump making such a statement.
Despite his doubts about the actual implementation, he suggested that Trump could make this announcement, which he believes would be bullish for BTC in the medium term.
Ari Paul: “I Don’t Expect Mega Mega Bullish Price In Bitcoin If Announcement Is Made”
However, he was more cautious about the impact of an announcement that could be made on July 27:
“However, it seems plausible to me that Trump could say this, which would make it very bullish for BTC medium timeframe. Very bullish. Not mega mega bullish because I expect this announcement to be quickly denied and explained away. If Wall Street really believed this was going to happen, then it would have been bullish right away. But they don’t/won’t believe it.”
Donald Trump will speak at the largest BTC event, the Bitcoin Conference, on May 27.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/donald-trump-bitcoini-gercekten-de-abdnin-stratejik-rezervi-ilan-ederse-btc-fiyati-nasil-tepki-verir-analist-acikladi/