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

[Z-tight]

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?

[sampoerna]

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.

[bitterguy28]

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

[Bobcrypto]

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.

[Primo1760]

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.

[LogitechMouse]

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.

[Freemind]

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.

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.

[MUGNIA]

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

[Coincollector]

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😆😆

[alltalk]

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.

[nakmantu99]

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.

[Z-tight]

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.

[sampoerna]

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.

[vegasus]

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.