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Bitcoin Wipes Out Gains from Trump Pump Announcement

Bitcoin Wipes Out Gains from Trump Pump Announcement

CoinomediaCoinomedia2025/03/04 21:45
By:Aurelien SageAurelien Sage

Bitcoin erases all gains from the Trump Pump. Will the market recover, or is another dip coming? Traders eye high-leverage opportunities.Market Reacts to the Trump Pump ReversalTraders Look for High-Leverage Plays

  • Bitcoin loses all price gains from Trump’s ‘Crypto Strategic Reserve’ announcement.
  • Market volatility sparks debate on the next move—bullish or bearish?
  • Traders eye high-leverage opportunities as BTC retraces.

Bitcoin has erased all the price gains it made following Donald Trump’s surprise announcement of a ‘Crypto Strategic Reserve.’ The initial rally fueled optimism, but the Market has since taken a downturn, leaving traders wondering: what’s next for BTC ?

Market Reacts to the Trump Pump Reversal

When Trump hinted at a pro-crypto stance, Bitcoin surged as traders anticipated a wave of institutional adoption. However, the excitement was short-lived. BTC has retraced to pre-announcement levels, raising concerns about whether this rally was just another temporary pump-and-dump.

Some analysts argue that Bitcoin’s inability to sustain the gains reflects underlying market weakness. Others believe this is just a short-term correction before another leg up. The question remains: Was the Trump Pump a one-off event, or will we see further political catalysts driving Bitcoin’s price?

📈Market has wiped out all of the bitcoin price gains from the Trump Pump 'Crypto Strategic Reserve' announcement.

Time for another 50x long, Eric? pic.twitter.com/uZIX44x8YY

— Bitcoin Archive (@BTC_Archive) March 4, 2025

Traders Look for High-Leverage Plays

With Bitcoin’s recent price drop, high-risk traders are eyeing fresh leverage opportunities. The crypto market is no stranger to wild swings, and experienced traders are already speculating on a potential bounce. Calls for a ‘50x long’ suggest that some believe BTC’s support levels will hold, setting the stage for another breakout.

However, leveraged trading remains a risky game. While some traders profit immensely, others face liquidation when market movements go against them. For now, Bitcoin’s next move remains uncertain, but volatility is all but guaranteed.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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