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Bitcoin Forum / Re: Trump controls the market
« on: April 16, 2025, 01:48:19 PM »Is it actually safe to say 'Trump is now the king of the market' because with what we have seen so far for days now he has actually shown that he is in charge and anyone trying to go against him will have himself to be blamed, i hope he settles the issue between him and the chinese president because it is affecting the market badly, if it continues, do you think we may see BTC at 40k?
You went too low in this prediction, I don’t think we are going to see Bitcoin reach that price again. We have passed that and don’t see it going back there again unless we are in the bearish trend already which the market doesn’t seem to look so. The market may badly be performing now and all due to Trump tariffs, this was not what we were expecting but we just have to ride along with it because the market can’t be free and not be affected by this policies. If we see bitcoin below $50K before we see a bull run this year, many will lose hope and settle that the bearish market is already upon us, so $40K is already a price I think we should say Bitcoin is already in a full time bearish trend by then.
I would say 60k or 50k is the biggest bottom we would see during this run - and clearly, we have the potential to reach a new ATH, if things are going play out correctly one after another (ideally).