{"id":55770,"date":"2024-07-22T02:23:33","date_gmt":"2024-07-22T02:23:33","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=55770"},"modified":"2024-07-22T05:04:10","modified_gmt":"2024-07-22T05:04:10","slug":"biden-withdraws-bitcoin-rises","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2024\/07\/22\/biden-withdraws-bitcoin-rises\/","title":{"rendered":"Biden withdraws, Bitcoin rises"},"content":{"rendered":"<p>President Joe Biden has <a href=\"https:\/\/x.com\/JoeBiden\/status\/1815087772216303933\">withdrawn his nomination<\/a> for re-election in November and endorsed vice-president Kamala Harris as his replacement. No matter your politics, you have to respect the man for putting the needs of his country first.<\/p>\n<p>Bitcoin welcomed the news by rallying to $68K.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-07-22-btc.png?resize=525%2C320&#038;ssl=1\" alt=\"Bitcoin (BTC)\" width=\"525\" height=\"320\" \/><\/p>\n<h2>Conclusion<\/h2>\n<p>Bitcoin is headed for a test of resistance at $72K, signaling <em>risk-on<\/em> for financial markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden has withdrawn his nomination for re-election in November and endorsed vice-president Kamala Harris as his replacement. No matter your politics, you have to respect the man for putting the needs of his country first. Bitcoin welcomed the news by rallying to $68K. Conclusion Bitcoin is headed for a test of resistance at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2024\/07\/22\/biden-withdraws-bitcoin-rises\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Biden withdraws, Bitcoin rises&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5342],"tags":[5056,4583,6608,2507],"class_list":["post-55770","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency","tag-bitcoin-btc","tag-joe-biden","tag-kamala-harris","tag-november-elections"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Biden withdraws, Bitcoin rises - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biden withdraws, Bitcoin rises - the patient investor\" \/>\n<meta property=\"og:description\" content=\"President Joe Biden has withdrawn his nomination for re-election in November and endorsed vice-president Kamala Harris as his replacement. No matter your politics, you have to respect the man for putting the needs of his country first. Bitcoin welcomed the news by rallying to $68K. Conclusion Bitcoin is headed for a test of resistance at &hellip; Continue reading &quot;Biden withdraws, Bitcoin rises&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2024\/07\/22\/biden-withdraws-bitcoin-rises\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-22T02:23:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-22T05:04:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-07-22-btc.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Biden withdraws, Bitcoin rises\",\"datePublished\":\"2024-07-22T02:23:33+00:00\",\"dateModified\":\"2024-07-22T05:04:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/\"},\"wordCount\":65,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-07-22-btc.png\",\"keywords\":[\"Bitcoin (BTC)\",\"Joe Biden\",\"Kamala Harris\",\"November elections\"],\"articleSection\":[\"Cryptocurrency\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/\",\"name\":\"Biden withdraws, Bitcoin rises - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-07-22-btc.png\",\"datePublished\":\"2024-07-22T02:23:33+00:00\",\"dateModified\":\"2024-07-22T05:04:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-07-22-btc.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-07-22-btc.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/07\\\/22\\\/biden-withdraws-bitcoin-rises\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Biden withdraws, Bitcoin rises\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Lichtman, a quantitative historian who mathematically analyzes trends in American history, and Vladimir Keilis-Borok, a leading Russian geophysicist specializing in seismic activity prediction, built the model. The two\u2026","rel":"","context":"In &quot;Fixed Income&quot;","block_context":{"text":"Fixed Income","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/fixed-income\/"},"img":{"alt_text":"University of Michigan: Current Economic Conditions","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-11-06-uom-conditions2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-11-06-uom-conditions2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-11-06-uom-conditions2.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":58970,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/11\/05\/harris-or-trump-does-it-matter\/","url_meta":{"origin":55770,"position":1},"title":"Harris or Trump &#8211; does it matter?","author":"Colin Twiggs","date":"November 5, 2024","format":false,"excerpt":"Who is the likely winner in today\u2019s US presidential election? 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Trump","src":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2024\/11\/2024-11-04-harris-trump.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":24143,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/","url_meta":{"origin":55770,"position":2},"title":"Gold versus Bitcoin","author":"Colin Twiggs","date":"February 17, 2021","format":false,"excerpt":"Interesting question from Steve: Bitcoin has broken through $50k, so there is now some USD940 billion in circulation. What would be the impact on the Gold price? It seems to me that many Bitcoin purchasers are buying as an alternative to buying Gold as a store of assets. Bitcoin may\u2026","rel":"","context":"In &quot;Gold &amp; Precious Metals&quot;","block_context":{"text":"Gold &amp; Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61395,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/03\/18\/dow-and-sp-500-bounce-gold-soars-to-new-highs\/","url_meta":{"origin":55770,"position":3},"title":"Dow and S&#038;P 500 bounce, gold soars to new highs","author":"Colin Twiggs","date":"March 18, 2025","format":false,"excerpt":"The Dow and S&P 500 show a healthy bounce. However, the bear market signal stands even if they recover above their primary support levels. The S&P 500 gained 0.6% but encountered selling near the close. Respect of resistance at 5800 would confirm the earlier bear signal, a reliable entry point\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-17-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-17-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-17-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":56740,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/08\/16\/sp-500-makes-solid-advance-as-negativity-lifts\/","url_meta":{"origin":55770,"position":4},"title":"S&#038;P 500 makes solid advance as negativity lifts","author":"Colin Twiggs","date":"August 16, 2024","format":false,"excerpt":"Financial markets continue to show signs of tightening liquidity. Long-term Treasury yields rallied, and the Dollar strengthened, but both remain in a downtrend. Gold continues in a bullish narrow range, threatening a breakout. The S&P 500 jumped after an uptick in real retail sales and another fall in initial unemployment\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Fed Assets net of TGA & Reverse Repo (RRP) Liabilities","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-15-fedassets-tga-rrp.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-15-fedassets-tga-rrp.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-15-fedassets-tga-rrp.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":23236,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/12\/14\/biden-china-different-approach-same-objectives\/","url_meta":{"origin":55770,"position":5},"title":"Biden &#038; China: Different approach, same objectives","author":"Colin Twiggs","date":"December 14, 2020","format":false,"excerpt":"China may have cheered the departure of Donald Trump from the world stage but they have more to fear from the incoming administration. Joe Biden's appointment of Katherine Tai as US Trade Representative clearly signals his intent to build a broad coalition to confront China's trade practices. Tai's track record\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/55770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=55770"}],"version-history":[{"count":2,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/55770\/revisions"}],"predecessor-version":[{"id":55786,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/55770\/revisions\/55786"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=55770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=55770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=55770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}