‘Trump gang… gave him a lot of crypto,’ says expert; Are insiders propping up Bitcoin?

Controversial trend forecaster and publisher of the Trends Journal, Gerald Celente, has shared an interesting yet troubling thesis regarding Bitcoin’s (BTC) recent performance in an April 18 YouTube video. Namely, the veteran business consultant reflected on the fact that cryptocurrency executives and lobbyists made significant donations to Donald Trump’s presidential campaign — as well as his inaugural fund. Celente harkened back to what happened with consumer electronics and semiconductor stocks — citing the contributions made by the industry as the key reason why the White House’s tariff policy took a favorable turn for their interests. To put it succinctly, and in Celente’s own words: “The Silicon con men gave Trump all that dough, right? And then what did he do? He changed the tariff deal for computers and smartphones…” The forecaster also claimed that the same thing is what is keeping Bitcoin afloat — in other words, that insiders are propping up Bitcoin: “The Trump gang… gave him a lot of crypto source: https://finbold.com/trump-gang-gave-him-a-lot-of-crypto-says-expert-are-insiders-propping-up-bitcoin/