Bitcoin Hit $70k For First Time.

[bitterguy28]

We have seen Bitcoin peak at $76,800 but everyone believes that the rise in Bitcoin price is due to Donald Trump's victory. I also believe that the price increase of Bitcoin is due to the victory of Donald Trump, but since Donald Trump is a cryptocurrency supporter, the price is increasing and will increase in the future.

yeah i do not think it is simply a coincidence that bitcoin hit a new ath during the elections and then further increased when trump won all of his promises made everyone expectant of what he can do to change or improve the crypto scene in the us but do not think that trump is the only one to cause bitcoin to reach these milestones

i do believe that bitcoin can and will reach $80k with or without trump there are so many reasons for bitcoin to get new ath and we are approaching the end of the year too which is usually a good time for the crypto market in general

[LUCKMCFLY]

Your guess is also very correct because Donald Trump won and the result this morning I saw that Bitcoin has reached 76,100 dollars, and yesterday's All Time High I saw it was 76,890 dollars. I think this is an extraordinary achievement from Bitcoin because this time I also noticed Bitcoin reaching a new All Time High, even though I am new to Bitcoin and I immediately saw ATH in the last few months.
I am also not a politician but I see on various social media and other online news media that the influence of Donald Trump on the increase in the price of Bitcoin is incredibly strong so I am also sure that if Donald Trump wins then Bitcoin will be green and go up, and in fact Bitcoin is not only green and up but has reached the latest All Time High, I give a thumbs up to Donald Trump for his support for Bitcoin.

Indeed, things are like that, I think Trump is a very good president, he has things well planned and knows very well what he is going to do, and that decision to go in favor of BTC was a great strategy, now only Trump has to fulfill everything he promised, with a congress in his favor and with everything in his hands, he has the power in his hands, I was particularly happy and it was enough to see the price and see how the btc grew and wow that is exciting, very good, and I hope things continue like this and are for the better.

[philipma1957]

I think usa whales know they have 60-70 days of free reign to make big profits.

The Biden people won't go after it and Trump won't change any laws sooner than jan 21.

So it's open season for crypto till we close in to Jan 20 with people hoping Trump cuts good deals for crypto usa people.

So there will be solid uptick ironically under Biden.  Most likely we will be over 125 when Trump  swears in.

[Uruhara]

I think usa whales know they have 60-70 days of free reign to make big profits.

The Biden people won't go after it and Trump won't change any laws sooner than jan 21.

So it's open season for crypto till we close in to Jan 20 with people hoping Trump cuts good deals for crypto usa people.

So there will be solid uptick ironically under Biden.  Most likely we will be over 125 when Trump  swears in.

I hope what you say can really happen, sir. Because I think it would really be wonderful if Btc could reach over $100k. And Trump's victory in the US Presidential election has also brought quite strong hype. and as has always been seen in past history, the market has always moved up quite drastically after the US presidential election, even when Biden was elected in the previous period. And now Trump is elected and he has been talking a lot about his support for crypto in his campaign. So yes, a faster increase should be possible and it has happened.

[Gposas]

I think usa whales know they have 60-70 days of free reign to make big profits.

The Biden people won't go after it and Trump won't change any laws sooner than jan 21.

So it's open season for crypto till we close in to Jan 20 with people hoping Trump cuts good deals for crypto usa people.

So there will be solid uptick ironically under Biden.  Most likely we will be over 125 when Trump  swears in.

I hope what you say can really happen, sir. Because I think it would really be wonderful if Btc could reach over $100k. And Trump's victory in the US Presidential election has also brought quite strong hype. and as has always been seen in past history, the market has always moved up quite drastically after the US presidential election, even when Biden was elected in the previous period. And now Trump is elected and he has been talking a lot about his support for crypto in his campaign. So yes, a faster increase should be possible and it has happened.

I'm pretty sure that BTC has more fascinating displays to exhibit between the little period of the year 2024. Though the reason of the US Presidential election has exhibit a solid and positive impact on the crypto market, establishing a stepping stone for breaking ATH upon ATH almost on a daily basis just within a period of 2months.
It is now a popular hype that this asset will get to $100,000 before the end of the year...

I guess this hype in price will continue until the US President-elect finally emerges on the seat as the acting President of the US to start setting things up according to his promises made during election process and this also will have an impact on the crypto market either positively or negatively...!

[Baofeng]

I think usa whales know they have 60-70 days of free reign to make big profits.

The Biden people won't go after it and Trump won't change any laws sooner than jan 21.

So it's open season for crypto till we close in to Jan 20 with people hoping Trump cuts good deals for crypto usa people.

So there will be solid uptick ironically under Biden.  Most likely we will be over 125 when Trump  swears in.

I hope what you say can really happen, sir. Because I think it would really be wonderful if Btc could reach over $100k. And Trump's victory in the US Presidential election has also brought quite strong hype. and as has always been seen in past history, the market has always moved up quite drastically after the US presidential election, even when Biden was elected in the previous period. And now Trump is elected and he has been talking a lot about his support for crypto in his campaign. So yes, a faster increase should be possible and it has happened.

I think it's really doable before Trump official swear as the next US President to see the price going into $100k. The FOMO is still very much high as pro-Bitcoin is very happy to see Trump winning the election specially in the US.

And as Biden unwinds, investors are going to take advantage of it and that's why there are a big push as far as the price goes, currently the price is at $89k again, and maybe in the next 24 hours it will be officially go above $90k'ish.

[satpol_PP]

I think usa whales know they have 60-70 days of free reign to make big profits.

The Biden people won't go after it and Trump won't change any laws sooner than jan 21.

So it's open season for crypto till we close in to Jan 20 with people hoping Trump cuts good deals for crypto usa people.

So there will be solid uptick ironically under Biden.  Most likely we will be over 125 when Trump  swears in.

I hope what you say can really happen, sir. Because I think it would really be wonderful if Btc could reach over $100k. And Trump's victory in the US Presidential election has also brought quite strong hype. and as has always been seen in past history, the market has always moved up quite drastically after the US presidential election, even when Biden was elected in the previous period. And now Trump is elected and he has been talking a lot about his support for crypto in his campaign. So yes, a faster increase should be possible and it has happened.

I think it's really doable before Trump official swear as the next US President to see the price going into $100k. The FOMO is still very much high as pro-Bitcoin is very happy to see Trump winning the election specially in the US.

And as Biden unwinds, investors are going to take advantage of it and that's why there are a big push as far as the price goes, currently the price is at $89k again, and maybe in the next 24 hours it will be officially go above $90k'ish.

Such a possibility is because bitcoin currently looks strong, it is estimated that before Trump was inaugurated as US president, the price of bitcoin had touched $ 100K. We see the price of bitcoin when it seems to go up and down between 89K - 91k, my analysis predicts that there will be a correction first before the price of bitcoin touches $ 100K.

[LUCKMCFLY]

Such a possibility is because bitcoin currently looks strong, it is estimated that before Trump was inaugurated as US president, the price of bitcoin had touched $ 100K. We see the price of bitcoin when it seems to go up and down between 89K - 91k, my analysis predicts that there will be a correction first before the price of bitcoin touches $ 100K.

Well, I also think that before reaching $100k we will see that there may be a good correction and that will give us a warning that things are going well, so given this I also dare to say that the price can reach $100k this year, there is no doubt about that, of course everything is going very well in the world, in Trump's transaction and everything that has to do with this whole presidential election issue.

Now when we are looking for better ways to save or get more btc it is by buying with the DCA method that until now has seemed like a great wonder to me.

[lombok]

Such a possibility is because bitcoin currently looks strong, it is estimated that before Trump was inaugurated as US president, the price of bitcoin had touched $ 100K. We see the price of bitcoin when it seems to go up and down between 89K - 91k, my analysis predicts that there will be a correction first before the price of bitcoin touches $ 100K.

Fluctuations in the price of bitcoin offer a unique understanding of the behaviour of the digital asset market. Before looking forward to a new surge towards $100K, the price oscillations around the existing level suggest a pricing consolidation. This is given by regular changes that are reflected from its volatility to record how general factors like the global economy and a specific investor’s sentiment affect the outcome of the price. Should we know these factors, then we shall be able to protect ourselves from probable market changes with respect, which is a positive psychological standpoint.

Therefore the recent correction should not make the world rush into making decisions. However, it is a time which we need to re-visit our position in this investment and look for the measures that need to be adopted in order to control the risks. We can develop a clearer strategy, one that doesn’t fluctuate as dramatically as Bitcoin’s price, by watching the ebb and flow of the market, thus creating a more sustainable approach to capitalise on a path of constant Bitcoin price change.