Buying Bitcoin as US government shutdown looms

The US government is headed for a shutdown as final talks between American leader Donald Trump and top congressional figures failed to meet Democratic demands, a path confirmed by Vice President J.D. Vance.

If lawmakers do not reach an agreement by Tuesday, the fiscal year deadline, many federal operations will come to a standstill, and employees will be furloughed or laid off. 

A potential government shutdown would particularly threaten the release of key economic data, as the Bureau of Labor Statistics is set to close. This would likely delay Friday's critical payroll report, which is a major factor in determining the Federal Reserve's interest rate path. The Consumer Price Index data is also in jeopardy, along with Census Bureau statistics on retail sales and housing starts. 

In this uncertain environment, traditional safe-haven assets like gold and cryptocurrencies have begun to experience an uptick.

Bitcoin has already gained traction, with a potential surge to $128,500 if the US government shuts down.

The overall recommendation is to buy Bitcoin in case American authorities stop operating. Profits are taken at $128,500. Stop loss is set at $105,600.

Calculate your open position so that a potential loss (protected by a Stop Loss order) is limited to 1% of your deposit. If your account balance does not allow entering a position of this size, it is better to skip the trade and wait for other market signals that meet low-risk criteria.