Bitcoin reaches record high of $75,000 as traders bet on Trump victory

[smartaction]

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.

[TomPluz]

As the Republican Party, except the vile Liz Cheney who endorsed Kamala Harris 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.

[bitterguy28]

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

[rachael9385]

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.

[target]

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.

[NotATether]

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.

[kai]

.....
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.
.....

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.

[bayu7adi]

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.

[yhiaali3]

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.

[tobiluxy]

Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 

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.

[rachael9385]

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.

[rachael9385]

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.

[kai]

Very impressive, I'm still amazed how BTC can rise
We are seeing another ATH guys, now at $75,496.15 

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.

[Jating]

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.

[satpol_PP]

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.