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What’s behind BTC’s bullish price surge?

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bitcoinira.com

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info@email.bitcoinira.com

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Thu, Jul 18, 2024 12:32 AM

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Learn about the four possible market influences that could be respnosible for BTC's bullish price su

Learn about the four possible market influences that could be respnosible for BTC's bullish price surge - plus an exclusive chance to score limited edition BitcoinIRA swag. Learn about the four possible market influences that could be respnosible for BTC's bullish price surge - plus an exclusive chance to score limited edition BitcoinIRA swag. [BitcoinIRA]( [BTC price surge] What’s behind BTC’s bullish price surge? Hi , Just last week, we were experiencing an 11% week-on-week (WoW) drop, leaving many wondering what might come next. Fast forward to this week, and we’ve surged by 12% WoW, turning losses into gains, and building momentum. Welcome to the dynamic world of BTC, crypto newcomers! While newbies might have been biting their nails last week, it’s just another week for veteran HODLers… But curious minds of all investor levels are equally as curious: what’s driving this recent price surge? 4 Possible Reasons for Bullish BTC Price Action: - CPI Report Optimism: Last Thursday’s [Consumer Price Index (CPI) Report]( came in below expectations, igniting a hopeful sentiment for the Fall. - Dovish Fed Outlook: At Monday’s press conference, Chairman Powell indicated that waiting until inflation reaches 2% to start cutting rates would be too late. The market is now anticipating more cuts and sooner, with a [93.5% probability]( of a rate cut in September. - Sell-Off Fears Quelled: Germany officially [ran out of BTC]( to sell, leaving [Mt. Gox]( as the final boss battle of July. - Political Developments: Crypto advocate Former President Trump’s re-election chances rose to 72% (up 12%) following Saturday’s botched assassination attempt. Moreover, his VP pick, J.D. Vance, is pro-crypto, adding further fuel to the fire of [Saturday’s price movement](. 📣 ICYMI, Former President Trump will be at BTC Conference in Nashville next week – and so will we! Make sure to swing by KIOSK K7 as soon as you can to say hello to us and score some exclusive BitcoinIRA merch before it's all gone. We have a feeling they’re going to be a crowd favorite! Sincerely, The BitcoinIRA Team [FINISH YOUR ACCOUNT]( [BitGo]( SECURITY IS OUR #1 PRIORITY Protect your retirement investment with the most secure method of storing digital assets: multi-signature wallet technology*, available through our exclusive partner BitGo. [Read more]( [footer facebook]( [footer twitter]( [footer youtube]( [footer linkedin]( [footer instagram]( [About Us]( · [News]( · [Contact]( [BMA 2022 Best Mobile App ][2022 Globee Mobile Web & App of the Year] Download our award-winning mobile app: [Download for iOS on the App Store]( [Download for Android on Google Play]( BitcoinIRA, 7336 W. Post Rd, #111 | Las Vegas, NV *Storage may vary based on asset chosen and custody solution available. Alternative IRA Services, LLC dba Bitcoin IRA is a platform that connects consumers to qualified custodians, digital wallets and cryptocurrency exchanges. The company is not a custodian, is not a digital wallet and is not an exchange. Self-directed purchases processed through Bitcoin IRA have not been endorsed by the IRS or any government or regulatory agency. Bitcoin IRA is not an adviser. Information contained on this website is for educational purposes only. We encourage you to consult an adviser or professional to determine whether Bitcoin IRA makes sense for you. Due to market variations, price quotations and predictions are subject to change. No pricing guarantees are expressed or implied. All information contained here including quoted prices are for informational purposes only and do not constitute an offer. Cryptocurrencies are very speculative and involve a high degree of risk. By using the website, you understand the information being presented is provided for informational purposes only and agree to comply with our Terms of Use and Privacy Policy. [Unsubscribe](

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