The American crypto regulation bill is in turmoil; the White House strongly rejects the ethical conditions that prevent the president and his family from engaging in crypto activities, and senators warn of a complete collapse of the law by the end of February if an agreement is not reached.

Why is the story a scam for the market?

Investors were waiting for this law so that #Bitcoin and #Ethereum would have clear legal coverage, but "politics" got involved.

And the dish was ruined.

The "family business" dilemma of the Trump administration wants the law to pass at lightning speed, but at the same time, they are rejecting any clause that prevents the president or his family from trading in crypto or owning platforms. The Democrats are saying, "It can't be done," and the White House is saying this is political targeting.

The 60-vote game in the Senate requires 60 votes, and this number is impossible to reach without "concessions". With the midterm elections approaching, everyone is hitting below the belt.

If this issue is not resolved by the end of this month, the law will go to the archives, which means we will remain in a state of "regulatory confusion."

And as we know, crypto hates uncertainty. The absence of law means that large financial institutions may slow down their entry into the market, and this is what is causing prices to "stay in place" or fall.

The most important thing you need to understand, my trading friend,

"Everyone is pulling the rope in their direction, and the rope will break." The small investor was hopeful, but the hope is tied to the interests of the big players. If the law fails, we will return to the tune of "legal pursuits" and ambiguity, and this is "poison" for Bitcoin and alternative currencies.

In short 🔴 🔴

Watch the political news in the coming period. A single "tweet" about the law could either raise the market or crash it.

Don't get overly optimistic as long as the law is "stuck on the wall." Real liquidity will remain hesitant to enter, cautious of the fluctuations. February will be "the month of nerves" par excellence.


‎#GOLD