Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: tobiluxy on November 06, 2024, 09:09:47 AM
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Bitcoin has skyrocketed to an unprecedented high of $75,005.08, as market excitement builds around the prospect of a Donald Trump win in the upcoming US presidential race. Traders view the former president as a pro-crypto candidate, anticipating his policies could create a favorable environment for digital currencies and blockchain technologies. The last record of $73,797.98, set in March, has now been surpassed, reflecting renewed investor confidence in the asset class.
This bullish sentiment isn’t limited to Bitcoin. A ripple effect is lifting several altcoins, including tokens like $PNUT, $GRASS, and $DSYNC, as they all ride this wave of optimism. As analyst Russ Mould from AJ Bell notes, The price of bitcoin has closely followed Trump’s position in the polls and on betting markets,underscoring how influential political sentiment can be on cryptocurrency prices.
With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
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Bitcoin has skyrocketed to an unprecedented high of $75,005.08, as market excitement builds around the prospect of a Donald Trump win in the upcoming US presidential race. Traders view the former president as a pro-crypto candidate, anticipating his policies could create a favorable environment for digital currencies and blockchain technologies. The last record of $73,797.98, set in March, has now been surpassed, reflecting renewed investor confidence in the asset class.
This bullish sentiment isn’t limited to Bitcoin. A ripple effect is lifting several altcoins, including tokens like $PNUT, $GRASS, and $DSYNC, as they all ride this wave of optimism. As analyst Russ Mould from AJ Bell notes, The price of bitcoin has closely followed Trump’s position in the polls and on betting markets,underscoring how influential political sentiment can be on cryptocurrency prices.
With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
Absolutely, the election progress has really impacted the movement of BTC which inturn, is driving the bullishness of some altcoin. Leveraging on BingX for early adoption of $PNUT was an awesome experience for me, however the token is also listed on other notable exchanges.
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Bitcoin has skyrocketed to an unprecedented high of $75,005.08, as market excitement builds around the prospect of a Donald Trump win in the upcoming US presidential race. Traders view the former president as a pro-crypto candidate, anticipating his policies could create a favorable environment for digital currencies and blockchain technologies. The last record of $73,797.98, set in March, has now been surpassed, reflecting renewed investor confidence in the asset class.
This bullish sentiment isn’t limited to Bitcoin. A ripple effect is lifting several altcoins, including tokens like $PNUT, $GRASS, and $DSYNC, as they all ride this wave of optimism. As analyst Russ Mould from AJ Bell notes, The price of bitcoin has closely followed Trump’s position in the polls and on betting markets,underscoring how influential political sentiment can be on cryptocurrency prices.
With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
The surge of BTC to $75k was unexpected, and its bullish momentum may have also influenced other altcoins like $PNUT and PAXE, which was listed just minutes ago and is now up by 315%. Will this momentum continue, or could we see a reversal soon?
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The pumping of bitcoin is obviously only for awhile, and a few hours from now I can see a correction that will happen since the resistance has been broken;
this is now the support, and the resistance now is the ATH that Bitcoin reached some time ago. Time passed.
That's why, as I think, we are now in price discovery, and for sure the other trades will be based most of them on the price action of Bitcoin when it happens, and no one knows that, of course. So the pumping of those like Pnut, grass, and Dsync is only temporary.
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It is truly a remarkable moment that Bitcoin price crossed ATH on today which will remain unforgettable in the history of the world and it is expected that we will continue to touch new records within this year. It must be hunted that the US election could have influenced the price of Bitcoin but if Trump had not been elected president the price of Bitcoin would have trended higher.
I believe that Trump's victory will increase the value of every cryptocurrency and create opportunities for investors to increase their holdings.
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I think this event already has created new sets of millionaires from Altcoin investments especially those who invested in the aforementioned alts. Hopefully Bitcoins price will reach $85k very soon or even a hundred thousand dollars.
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The sudden pump in bitcoin price in just a short period of time was quite surprising to me. And that was literally due to the fact that the pump took just a couple of hours and still seems to be holding up to it's ath till now. Like it seemed to have a very small pull back at first and has now resumed the bullish trend. When last I checked coin market cap we were still on $75k.
Based on chart patterns and some trendline technical analysis, some people believe it should retest a pull back soon and this sudden pump would likely die down a little over a relatively short period of time.
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Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 8) 8) 8)
Congratulations to all hodlers, but remember to keep holding, looks like 100k is reachable
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Bitcoin has skyrocketed to an unprecedented high of $75,005.08, as market excitement builds around the prospect of a Donald Trump win in the upcoming US presidential race. Traders view the former president as a pro-crypto candidate, anticipating his policies could create a favorable environment for digital currencies and blockchain technologies. The last record of $73,797.98, set in March, has now been surpassed, reflecting renewed investor confidence in the asset class.
This bullish sentiment isn’t limited to Bitcoin. A ripple effect is lifting several altcoins, including tokens like $PNUT, $GRASS, and $DSYNC, as they all ride this wave of optimism. As analyst Russ Mould from AJ Bell notes, The price of bitcoin has closely followed Trump’s position in the polls and on betting markets,underscoring how influential political sentiment can be on cryptocurrency prices.
With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
First of all BTC did not skyrocket it just went 2 to 3 thousand dollars up from its previous ATH so that's not so unprecedented target in my opinion, and if you think it does then I respect that. Secondly, the grass token is newly listed, and due to its tokenomics it was already bullish, but yeah market plays a big role too. Thirdly, these influential political parties are not directly affecting the price but indirectly.
Because people see the hype they buy and when they think its the down trend of crypto as a whole they sell and the price increases and decreases respectively. The same hype we saw in March due to which BTC made new ATH even before the halving because a lot of people nowadays are following news and they don't care about what technical signals are telling them, so when most of the speculation of a asset done fundamentally its best to do the same IMO.
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I think this is a general market situation actually the USA election is like an influencer on this time and here as we know that Trump multiple time showed that he is an crypto enthusiast people and here now he is wining and this is the reason bitcoin also have the pump.
I think this won't sustain for long and also this won't start the bull run we may going to see quick correction in a short time. As already bitcoin decreasing it's price. So I think being on the FUD we should do any investment on this current time.
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Gentlemen, we're not stopping at $75k. The ATH keeps going up to new levels as I type.
The volume is through the roof at record levels and the Fear & Greed has only just moved from 'neutral' to 'greed', meaning there's still plenty of room to improve market's enthusiasm.
Do you think the $80k by tomorrow is realistic?
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Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 8) 8) 8)
Congratulations to all hodlers, but remember to keep holding, looks like 100k is reachable
Bitcoin price growth and touching all-time highs is truly impressive. What man envisioned today has been fulfilled and will continue to be fulfilled. Most people predict that Bitcoin will reach $80,000 to $100,000 in 2024, but here we see an all-time high above $75,500, reaching $80,000 is not far away. Bitcoin may reach $80,000 today or very soon. But it is better to hold on without worrying too much about the investment at the moment as we are likely to see more attractive prices in the coming days. But I don't have much investment I am going ahead with very little investment but if I had more investment I would have waited more.
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Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 8) 8) 8)
Congratulations to all hodlers, but remember to keep holding, looks like 100k is reachable
BTC has a big trigger to increase, it makes sense if it skyrockets today. :D
Anyway, we have crossed $75,496. Current Bitcoin ATH is around $76,460. Kindly recheck CoinMarketCap.
Well, I think this will keep growing until the end of January. I've no doubt that Bitcoin price may reach $100k in the next few weeks/months. However, we must always monitor the market condition and current updated news. We know sometimes a surprising thing can happen suddenly. Don't be too confident!!
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Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 8) 8) 8)
Oh My Ghossst, I woke up this morning and saw that Bitcoin passed the price of 75,100 USD and amazingly this is a new All Time High. I am sure you have a lot of Bitcoin in your wallet because with your many experiences it is proven by the ranking you have is Legendary.
Congratulations to all hodlers, but remember to keep holding, looks like 100k is reachable
What makes you so confident that Bitcoin will reach 100,000 USD? What factors can influence the market to make Bitcoin rise to 100,000 USD?
This is beyond my experience and I am interested in discussing if Bitcoin can reach 100,000 USD. Can you share your knowledge experience with me?
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Gentlemen, we're not stopping at $75k. The ATH keeps going up to new levels as I type.
The volume is through the roof at record levels and the Fear & Greed has only just moved from 'neutral' to 'greed', meaning there's still plenty of room to improve market's enthusiasm.
Do you think the $80k by tomorrow is realistic?
The current price of bitcoin today is $75k. Bitcoin price has increased a lot. I hope bitcoin price will increase and all altcoins including bitcoin will increase in price. It doesn't seem like it will be long. If the price of Bitcoin continues to grow like this, the price of Bitcoin could be $100k next year.
Once Bitcoin goes to $100k then all coins will pump multiple times which will be great news for those who have invested. Because investors can sell the invested coins at multiple profit. But now we have to be patient and see how the market will go. reaches. If the market conditions are better it will be a lot of profit for us.
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What makes you so confident that Bitcoin will reach 100,000 USD? What factors can influence the market to make Bitcoin rise to 100,000 USD?
This is beyond my experience and I am interested in discussing if Bitcoin can reach 100,000 USD. Can you share your knowledge experience with me?
It is not clear whether the price of Bitcoin will reach $100k or not. It is very difficult to understand when the market situation will happen. But everyone thinks that the price of Bitcoin will reach $100k next year. Everyone is talking about Bitcoin. Year may see good things. But Bitcoin price is starting to rise. Expect Bitcoin price to cross $80k in few weeks. Those who invested in Bitcoin months ago now is the time to sell. Long wait for Bitcoin investment. If you can, there is a chance to get a good amount of profit.
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As the Republican Party, except the vile Liz Cheney who endorsed Kamala Harris (https://www.msn.com/en-us/news/other/muslim-americans-say-kamala-harris-embracing-liz-cheney-cost-her-election/ar-AA1tD4ql?ocid=BingNewsSerp)and has become one of the obvious reasons why she eventually lost, is now celebrating over the sweep victory of Trump and his allies we also saw how Bitcoin became a reflection of this development by making a staggering new ATH and which then overflowed to also influence many alts to high gear. This is showing us how politics and geo-political events can be playing big roles in pushing up and down the price of Bitcoin and that of the whole cryptocurrency industry. We are all hoping for the possibility that the new Trump administration can help usher a new era not for the country but also for cryptocurrency industry. Of course, since we are all dealing here with human beings, nothing can be perfect and developments can go either bad or good but let's hope for the best of what can be...unburdened by the past as what Kamala is known to have said.
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Gentlemen, we're not stopping at $75k. The ATH keeps going up to new levels as I type.
The volume is through the roof at record levels and the Fear & Greed has only just moved from 'neutral' to 'greed', meaning there's still plenty of room to improve market's enthusiasm.
Do you think the $80k by tomorrow is realistic?
no i mean i get the enthusiast and excitement made bitcoin reach the price of it now but i do not think it will keep soaring at some point it has to end, no? not that i think it will drop massively but i think it will move sideways for quite a while until trump begins work we will have to see what he does first but if he fires gensler that will be an increase in price for sure
either way i think bitcoin is nearing $100k and lots are expecting it to see early 2025 but now that we have a new ath and possibly another one in a few weeks time $100k might happen before 2024 even ends
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I think this Trump victory will be very crucial to the crypto world if in just how many days Bitcoin has skyrocketed to this amount then we should expect more from other crypto currencies too and even with Bitcoin cause if truly he Trump would keep to his promises then I see those Bitcoin traders having one of a lifetime investment. I think from next year we should be expecting massively from the crypto currencies.
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It only needs time til the price goes 80k. Altcoins are pumping already, if you are also hopeful about the bull run that is coming then load yourself up with the promising projects.
The market is giving so much time for investor to decide, don't wait for the FOMO to come because by that time prices will be up already.
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This bullish sentiment isn’t limited to Bitcoin. A ripple effect is lifting several altcoins, including tokens like $PNUT, $GRASS, and $DSYNC, as they all ride this wave of optimism.
Are these all altcoins created within the last few days? Because I really do not think that there is a cycle associated with any of these tokens at all if that's the case. It's just a classic pump and dump in the case of those tokens.
Bitcoin of course is going up, and we'll probably see it lifting up other altcoins as well. Whether that actually happens or not remains to be seen.
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This is showing us how politics and geo-political events can be playing big roles in pushing up and down the price of Bitcoin and that of the whole cryptocurrency industry. We are all hoping for the possibility that the new Trump administration can help usher a new era not for the country but also for cryptocurrency industry.
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In the concept of trade or business it seems not good to enter the political environment because there are always certain cases that come but naturally but Bitcoin is also naturally carried away by the current of price increases and decreases so that inevitably all traders and investors also need statements from politicians like Donald Trump.
The total between politics, business, cryptocurrency, traders, investors are all affected by the presence of politics, especially Donald Trump being the number one person in the US. Maybe the best result for us as a cryptocurrency community is to be wise and more careful in seeing the cryptocurrency environment because currently it seems that this cryptocurrency is in demand by all groups around the world. Btw,i'm not politican , sorry if i'm wrong with my statement.
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With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
Perhaps, the current expectation is that when Trump is elected president, the regulation on cryptocurrency will be a little looser and cause the expansion of adoption to be faster... indeed, that is not a guarantee, but the expectation is already embedded because there is some supporting data such as campaign promises and the presence of Elon Musk behind Trump at this time....
We will feel it for some time to come, because until now Trump is really elected as US president, we are just waiting for the realization of his promise to the Bitcoin community and the cryptocurrency community.
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Yes Bitcoin did it, Bitcoin achieved ATH at $76,943.12 according to CoinMarket, this is the highest price recorded so far but definitely not the highest price, we are waiting for $100K.
As for Trump's victory, it was the first factor in the rise of Bitcoin, but we still have a few months until Trump officially takes office and then we will see whether he will fulfill his election promises or not, and after that we will wait for the impact of Trump's decisions on Bitcoin and the market in general.
Of course, everyone is optimistic and we hope to see the beginning of a new era for Bitcoin if Trump fulfills his promises.
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Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 8) 8) 8)
Oh My Ghossst, I woke up this morning and saw that Bitcoin passed the price of 75,100 USD and amazingly this is a new All Time High. I am sure you have a lot of Bitcoin in your wallet because with your many experiences it is proven by the ranking you have is Legendary.
Congratulations to all hodlers, but remember to keep holding, looks like 100k is reachable
What makes you so confident that Bitcoin will reach 100,000 USD? What factors can influence the market to make Bitcoin rise to 100,000 USD?
This is beyond my experience and I am interested in discussing if Bitcoin can reach 100,000 USD. Can you share your knowledge experience with me?
Here are some key factors that could drive Bitcoin towards that level, along with how these elements have influenced the market in the past:
If BTC van be 45naira then and in millions form, it can make it to $100K.
Institutional Adoption
Supply and Demand Dynamics
Macroeconomic Environment
Global Adoption and Usage
Market Sentiment and Technological Advancements
Regulatory Developments
You can DYOR on them ,While $100,000 may seem high, the combination of these factors could support a move toward this level. However, as with all investments, there are risks and no guarantees. Watching these indicators closely will provide a clearer view of Bitcoin’s potential path.
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I think if the promises of Donald Trump would be achieved then it is a very big advantage for traders and investors and showing the way the price skyrocketed even when polls where still counted then their will be much to expect from him now and I believe investors and traders who have been holding for long are now smiling at the new adventure of Bitcoin.
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I think if the promises of Donald Trump would be achieved then it is a very big advantage for traders and investors and showing the way the price skyrocketed even when polls where still counted then their will be much to expect from him now and I believe investors and traders who have been holding for long are now smiling at the new adventure of Bitcoin.
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Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 8) 8) 8)
Oh My Ghossst, I woke up this morning and saw that Bitcoin passed the price of 75,100 USD and amazingly this is a new All Time High. I am sure you have a lot of Bitcoin in your wallet because with your many experiences it is proven by the ranking you have is Legendary.
Congratulations to all hodlers, but remember to keep holding, looks like 100k is reachable
What makes you so confident that Bitcoin will reach 100,000 USD? What factors can influence the market to make Bitcoin rise to 100,000 USD?
This is beyond my experience and I am interested in discussing if Bitcoin can reach 100,000 USD. Can you share your knowledge experience with me?
~snip~
Institutional Adoption
Supply and Demand Dynamics
Macroeconomic Environment
Global Adoption and Usage
Market Sentiment and Technological Advancements
Regulatory Developments
~snip~
You explain various factors of Bitcoin so that its price can increase to 100,000 dollars quite complete, I like that kind of answer. What I like most about your answer is Supply and Demand Dynamics because it is simple and easy to understand, 21,000,000 is the maximum supply of Bitcoin and for that demand, all of those factors are there, even I who am new to Bitcoin believe more in Bitcoin to buy than altcoins.
Not to mention now many big companies like JP Morgan and various countries are adopting Bitcoin as their reserve fund. I once read an online article about Germany having a lot of Bitcoin reserves, maybe thousands of Bitcoins or something, I forgot the online news.
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Yes Bitcoin did it, Bitcoin achieved ATH at $76,943.12 according to CoinMarket, this is the highest price recorded so far but definitely not the highest price, we are waiting for $100K.
As for Trump's victory, it was the first factor in the rise of Bitcoin, but we still have a few months until Trump officially takes office and then we will see whether he will fulfill his election promises or not, and after that we will wait for the impact of Trump's decisions on Bitcoin and the market in general.
Of course, everyone is optimistic and we hope to see the beginning of a new era for Bitcoin if Trump fulfills his promises.
We might need to step a little back in order to reach $100k in my opinion. I'm saying is that might see some small corrections along the way if we are going to reach $80k. And then the same steps with $90k before we can prosper to $100k. And if that happens, we can still go and buy during minor dips. And big things will really come next year, specially if he official goes to work in the office in 2025. And maybe it was really fate that Trump will have to win so that the bullrun will happen. Eventually though it will have to happen, but we need a catalyst like Trump winning to really push the price to a new all time high today.
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We might need to step a little back in order to reach $100k in my opinion. I'm saying is that might see some small corrections along the way if we are going to reach $80k. And then the same steps with $90k before we can prosper to $100k. And if that happens, we can still go and buy during minor dips. And big things will really come next year, specially if he official goes to work in the office in 2025. And maybe it was really fate that Trump will have to win so that the bullrun will happen. Eventually though it will have to happen, but we need a catalyst like Trump winning to really push the price to a new all time high today.
Trump's victory makes many crypto lovers happy because they get profit by selling their coins when bitcoin reaches new AH. but it is likely that we will also see a correction, and we should take advantage of the correction moment to buy some potential coins that we hold for next year. because the bullish season will happen next year, so it is still long and we still have the opportunity to get bigger profits next year.
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With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
Trump has won the election and a lot of bitcoiners are visibly happy with the outcome, but i will recommend that people chill, i don't think there would be any difference in how the U.S regulates crypto. They will still attack privacy solutions and force kyc on everyone. The price though will be influenced by Trump's victory, but until when?
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With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
Trump has won the election and a lot of bitcoiners are visibly happy with the outcome, but i will recommend that people chill, i don't think there would be any difference in how the U.S regulates crypto. They will still attack privacy solutions and force kyc on everyone. The price though will be influenced by Trump's victory, but until when?
Yes, indeed, in the future we will not know what they will actually do. but at least, Trump has several visions and missions during the campaign that indicate his support for crypto, this means at least there is hope that crypto regulation will not be as strict and complicated as that carried out by the SEC under Trump's leadership.
but again, no one knows the future, but our hope is that it will certainly be better than the previous leadership year. and the only ones who can manage and limit our thinking are ourselves, we can optimize what is happening now and during the upcoming bullish era. we may not be able to guarantee that crypto will be much better, but at least, we can take advantage of what the positive effects are now and the possibility of a bullish era in 2025.
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but again, no one knows the future, but our hope is that it will certainly be better than the previous leadership year. and the only ones who can manage and limit our thinking are ourselves, we can optimize what is happening now and during the upcoming bullish era.
how the sec operated and is still operating needs to badly change and even tho there is no guarantee that trump will definitely do good for crypto he is kind of the best bet of crypto enthusiasts as he is the only one who showed outward support for crypto
we may not be able to guarantee that crypto will be much better, but at least, we can take advantage of what the positive effects are now and the possibility of a bullish era in 2025.
we do expect bitcoin to peak or reach during early 2025 and with trump's inauguration on january the bullish peak might intensify
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but again, no one knows the future, but our hope is that it will certainly be better than the previous leadership year. and the only ones who can manage and limit our thinking are ourselves, we can optimize what is happening now and during the upcoming bullish era.
how the sec operated and is still operating needs to badly change and even tho there is no guarantee that trump will definitely do good for crypto he is kind of the best bet of crypto enthusiasts as he is the only one who showed outward support for crypto
we may not be able to guarantee that crypto will be much better, but at least, we can take advantage of what the positive effects are now and the possibility of a bullish era in 2025.
we do expect bitcoin to peak or reach during early 2025 and with trump's inauguration on january the bullish peak might intensify
I am also expecting a more bullish momentum after inauguration, because Donald Trump success actually reflected on the bitcoin pumps, and some altcoins price during this election. As at the time of writing this post, Bitcoin has touched above $79k and I think we may be eyeing $85k to $90k before the end of 2024. If we cross these renge looking at the trends, and the current bullish momentum, $100k may be the next resistance. I am sure this can happen towards inauguration or immediately after.
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I am also expecting a more bullish momentum after inauguration, because Donald Trump success actually reflected on the bitcoin pumps, and some altcoins price during this election. As at the time of writing this post, Bitcoin has touched above $79k and I think we may be eyeing $85k to $90k before the end of 2024. If we cross these renge looking at the trends, and the current bullish momentum, $100k may be the next resistance. I am sure this can happen towards inauguration or immediately after.
Bitcoin rose to an all-time high of $79,788 which is the first time Bitcoin has set such a record but such a surge in Bitcoin is due to the victory of Donald Trump in the presidential election. He promised the cryptocurrency community that he would take Bitcoin to a better place if he won the election, but we've seen his promise backed up with evidence. But I believe bitcoin will soon settle at $80,000, maybe as soon as today. But apart from Bitcoin hitting $100,000 by 2024, Donald Trump's inauguration will pump Bitcoin even further. However, before the inauguration of Donald Trump, Bitcoin will be above $80k and after the inauguration, Bitcoin will be in the $100k range.
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The pumping of bitcoin is obviously only for awhile, and a few hours from now I can see a correction that will happen since the resistance has been broken;
this is now the support, and the resistance now is the ATH that Bitcoin reached some time ago. Time passed.
That wasn't the case though.
The $75,000 price resistance has been surpassed, but instead of having a correction, it seems like we are nearing the $80,000 price soon since the price of Bitcoin right now is at the $79,000 price range.
TBH, although I'm not surprised that Bitcoin's going up, I didn't expect that Bitcoin will reach the $79,000 in just a matter of a few days (not even days I guess). Like you though, I also expect for a short price correction before skyrocketing again. The question is "WHEN?". It's hard to predict right now especially when you feel that the sentiment is quite bullish. Anyway, I'm ready to sell my tokens at the perfect time so... just pump the price of Bitcoin. :D
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That wasn't the case though.
The $75,000 price resistance has been surpassed, but instead of having a correction, it seems like we are nearing the $80,000 price soon since the price of Bitcoin right now is at the $79,000 price range.
TBH, although I'm not surprised that Bitcoin's going up, I didn't expect that Bitcoin will reach the $79,000 in just a matter of a few days (not even days I guess). Like you though, I also expect for a short price correction before skyrocketing again. The question is "WHEN?". It's hard to predict right now especially when you feel that the sentiment is quite bullish. Anyway, I'm ready to sell my tokens at the perfect time so... just pump the price of Bitcoin. :D
I think that exceeding $80,000 is practically a fact for Bitcoin, at least at the rate it is advancing (at the time of writing this post the value is $79,390). If Trump were to start doing (when he takes office in January) some of everything he has said and promised about Bitcoin, $100,000 would be much closer than what we are seeing now. Although it is early for that, and for now we will have to wait to overcome the resistance of $80,000 that lies ahead.
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With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
Trump has won the election and a lot of bitcoiners are visibly happy with the outcome, but i will recommend that people chill, i don't think there would be any difference in how the U.S regulates crypto. They will still attack privacy solutions and force kyc on everyone. The price though will be influenced by Trump's victory, but until when?
never ask when? because now enjoy your profits, give your target when you will take profit, the current moment will not be repeated 2x until the bearish will return, now is the time to take profit not to buy I think, for bitcoin but for altcoin can still enter to add load because ETH itself has not reached its new ATH
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With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
Trump has won the election and a lot of bitcoiners are visibly happy with the outcome, but i will recommend that people chill, i don't think there would be any difference in how the U.S regulates crypto. They will still attack privacy solutions and force kyc on everyone. The price though will be influenced by Trump's victory, but until when?
never ask when? because now enjoy your profits, give your target when you will take profit, the current moment will not be repeated 2x until the bearish will return, now is the time to take profit not to buy I think, for bitcoin but for altcoin can still enter to add load because ETH itself has not reached its new ATH
Btc RN is 80k. Opium but don't fomo😆😆
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I think that exceeding $80,000 is practically a fact for Bitcoin, at least at the rate it is advancing (at the time of writing this post the value is $79,390). If Trump were to start doing (when he takes office in January) some of everything he has said and promised about Bitcoin, $100,000 would be much closer than what we are seeing now. Although it is early for that, and for now we will have to wait to overcome the resistance of $80,000 that lies ahead.
We officially have passed $80k. A new ATH is $81,474 (CMC data) and 81,500 (Binance data). The next target is probably $85k, we are heading soon a new ATH. I still don't want speculate about the price of Bitcoin in January but if we keep having good news around the Trump's win, we are getting closing to $90k. So, it is surely possible to reach $100k in Q1 of 2025 if everything will happen as expected. I just hope Trump won't suddenly change his mind/perspective on crypto. If this happens, the current bullish trend may return to bearish trend immediately.
I reminds everyone to keep calm and don't overdo it!! In crypto, everything can happen. We must be always careful of unexpected thing.
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With both Bitcoin and altcoins experiencing surges, it raises the question: Could a Trump victory pave the way for a new era of cryptocurrency adoption and regulation? Let's discuss
Trump has won the election and a lot of bitcoiners are visibly happy with the outcome, but i will recommend that people chill, i don't think there would be any difference in how the U.S regulates crypto. They will still attack privacy solutions and force kyc on everyone. The price though will be influenced by Trump's victory, but until when?
never ask when? because now enjoy your profits, give your target when you will take profit, the current moment will not be repeated 2x until the bearish will return, now is the time to take profit not to buy I think, for bitcoin but for altcoin can still enter to add load because ETH itself has not reached its new ATH
We must enjoy what we can get and start thinking about new strategies to face correction, because after Bitcoin reaches ATH at $ 85 K, there is a possibility of correction. But we wait until how strong the price of Bitcoin will rise again. Because it looks like the price of Bitcoin is strengthening and now it has approached $ 86K.
I sedikti made an existence because it sold the initial $ 76K.
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never ask when? because now enjoy your profits, give your target when you will take profit, the current moment will not be repeated 2x until the bearish will return, now is the time to take profit not to buy I think, for bitcoin but for altcoin can still enter to add load because ETH itself has not reached its new ATH
I don't think people are selling now, everyone is excited that BTC is rising, and fast, but bitcoiners are very optimistic, at the least they are looking at $100k, so it may be too early to talk about taking profits now.
People will always fomo buy, they missed the opportunity to buy when the price was low and now they rush to buy when the price is high.
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but again, no one knows the future, but our hope is that it will certainly be better than the previous leadership year. and the only ones who can manage and limit our thinking are ourselves, we can optimize what is happening now and during the upcoming bullish era.
how the sec operated and is still operating needs to badly change and even tho there is no guarantee that trump will definitely do good for crypto he is kind of the best bet of crypto enthusiasts as he is the only one who showed outward support for crypto
we may not be able to guarantee that crypto will be much better, but at least, we can take advantage of what the positive effects are now and the possibility of a bullish era in 2025.
we do expect bitcoin to peak or reach during early 2025 and with trump's inauguration on january the bullish peak might intensify
Well, at least we get the hype and it really has an impact on the market. Then, we get the benefits in the form of pretty good profits so far. Then there is still another opportunity for the hype related to Trump until the inauguration and also his first day as president, whether he really keeps his promises, that will also definitely have a very big impact on the crypto market at that time. If he can really fire Gary Gensler, there is a possibility that this will be one of the triggers for a very significant price increase again, but if the opposite is true, maybe this will also have the opposite effect, but it will not be that drastic a decline as long as it is still in the bullrun season era.
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never ask when? because now enjoy your profits, give your target when you will take profit, the current moment will not be repeated 2x until the bearish will return, now is the time to take profit not to buy I think, for bitcoin but for altcoin can still enter to add load because ETH itself has not reached its new ATH
I don't think people are selling now, everyone is excited that BTC is rising, and fast, but bitcoiners are very optimistic, at the least they are looking at $100k, so it may be too early to talk about taking profits now.
People will always fomo buy, they missed the opportunity to buy when the price was low and now they rush to buy when the price is high.
Actually, I have sold some Bitcoins and took profit at a rate of around $89,700 (tap in IDR conversion), yes, because that was one of the price targets that I wanted to set back then, actually at $85k the target price was set, but when I saw the BTC price really increase drastically, I immediately changed it and tried it at that rate. and finally I was able to TP first for only a few percent, and leave the rest for the next TP target.
This will be capital to add altcoins or scoop up when the BTC price experiences a correction later. meaning maybe everyone has their own strategy, except for those who are really for the long term fully.