Trump assassination attempt fails, is the three-phase crypto狂欢about to begin?
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Trump assassination attempt fails, is the three-phase crypto狂欢about to begin?
Trump's victory is positive for cryptocurrency, but this won't last long.
Navigating Web3 tides with focused insightsAuthor: DUO NINE⚡YCC
Compiled by: TechFlow
The attempted assassination of Trump will have far-reaching consequences, including impacts on the cryptocurrency market. I anticipated a major market crash in 2025, but didn't expect this incident—especially an assassination attempt—to be the trigger.
Now, let’s examine how this all unfolds.
Yesterday's event marks the first phase of a three-stage market collapse. Let me explain in detail.
1. Attempted Assassination of Trump – July 2024
With this incident, the U.S. presidential election is almost decided. Unless something else bad happens to Trump before November 5, he will win the election.
If you doubt this, refer to the 1981 attempted assassination of Reagan. He went on to win the 1984 election by a landslide.
2. Trump Becomes President – November 2024
As you can see, Trump has many enemies. They’ve tried various ways to stop him, but his chances have never been higher.
Assuming he wins the election, what happens next?
There are many ways to make life difficult for Trump after the election. No president has full control over the market—the ultimate tool of power.
3. Massive Market Crash – 2025
The best way to retaliate against Trump is to crash the market during his second term.
This way, he bears full responsibility for the crash and must deal with it. The market is already primed for a major collapse. The S&P 500 just hit a new record high last week.
In my view, it will continue breaking records until the U.S. election concludes.
Then the hammer drops.
When exactly? Nobody knows, but from a crypto cycle perspective, 2025 is a strong candidate.
How to Prepare?
Typically, a crypto bull market doesn’t last more than two years—we don’t have much time left after 2024. Trump’s victory is positive for crypto. Try to take advantage of this (i.e., sell), but I don’t think it will last long.
There might also be one final market surge in early 2025, but the risk of a crash then would be even higher. Poor timing could leave you trapped. Bear markets always begin at the peak of market euphoria. Remember that.
At the end of this cycle, you only need to hold three assets: Bitcoin, gold, and the U.S. dollar. Everything else will perform poorly over the next two years. You can read more in this article.
Whether Trump wins or not is somewhat irrelevant to the crypto cycle, but his victory makes a 2025 crash more likely. The real question is: in such a crisis, will Bitcoin act as a safe-haven asset or crash along with everything else?
Disclaimer
Everything in crypto, markets, and life is based on probabilities. Nothing is certain, but as each stage is confirmed, the above scenario becomes increasingly likely. If Trump wins the election, prepare for a market crash. I will revisit these assumptions at the end of 2024.
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