To clarify, it is not the president who bought for his own account, but rather he announced this as a representative of the state as its head, and not that he considers one of the bitcoin hodlers.
Let us also agree that a head of state is popular in crypto circles and seeks to acquire larger quantities of bitcoin. It is not in his interest for the price to rise so that he can buy more at the lowest possible price, which does not seem wise through these tweets, which inevitably contribute to restoring investor confidence in crypto and Thus, the market rebounded with higher prices .