
I am trying to understand the market, analyze it deeply and take advice from friends and experienced investors. Most of them say that the market is bullish.
However, Trump often comes in with a statement such as, "I might attack Iran" and suddenly all markets start falling without any clear reason. 🤣
Then a couple of hours later, another statement comes out saying that he may not attack Iran, and the market starts recovering again. 😁 This creates a lot of confusion among investors because they do not know which direction the market will move.
In reality, the charts are bullish, the indicators are bullish and the overall setup looks bullish. We just wait for the right entry. 😕
But then one statement from President Trump can trigger a bearish trend. Unfortunately, it sometimes feels like the President himself is bearish and does not want the market to grow. 😞
That was the funny meme part of the discussion.
Now, let me talk about something more serious. If you pay close attention, you may notice that whenever the market reaches a strong support level, positive global news often appears and the market starts pumping.
On the other hand, when the market reaches a resistance level, we often hear about wars or other negative news, causing the market to move back toward lower levels.
The truth is that many long and short setups are closely connected with news events. Interestingly, the news often appears exactly when the market structure is already positioned for an upward or downward move.
If you can understand this relationship between market structure and news, you may be able to make better trading decisions and earn good profits.
What do you think? Can President Trump be good for the crypto market in the long run, or will we continue to see mostly bearish news affecting prices?
Will be glad to see your answers in the comment section.
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