If we look at the chart of Bitcoin, we can also say that it will rise something more. It's just that right now there's lack of demand so it might be possible to have a temporary downtrend before it goes up again and makes another ATH. It is highly possible that this will happen this month or next month because afaik in January 20, trump will officially called as the President of the United States.
This is where I am also looking at because on that day people would want to hear him speak more positive things about bitcoin, for sure he will do that but the price may not go as low as we may think.
20th January 2025 will speaks more about the price, there could be more positive news before this but lets keep our finger crossed.
Trump has fully embraced crypto and will reduce the harsh regulation of crypto in the US. Trump will bring positive impact on the cryptospace and crypto enthusiasts will benefit more from his government. We are all waiting for the D-day when Trump will be sworn in because that's when we can tell what he has for crypto.
It's already there because by 20th January 2025, he would be sworn as the US president and of which lot of things, I mean price changes an increased would come. Bitcoin might likely create new ATH outside the previous price of 108k last year.
Hopefully this year is a year for bitcoin increase, any speech he gives regarding bitcoin would definitely have effects on it.
So far Joe Biden is the king and the musky trumpeter is a lover.
I think he and his crew will likely manage to crash the market bigly.
If we are lucky the musky trumpeter effect will fade and we get a double top in the fall say 120k.
It's sad that he is a crypto loser and cooler so far.
What do you mean? I don't hear any from Biden so far about crypto, I don't remember any statement from him that he supports crypto adoption. What I remember is that in his term the market became bearish. Unlike Trump, in his last term we saw a bullish season, and now we are seeing it again. Trump have done many things in crypto, and I don't think he is a crypto loser because he is really influence the price. I'm not saying that I like Trump, I'm just telling what I have observed in his term in the crypto space.
ath was on the 20th of jan when biden was the president.
trump was sworn in after the ath and never reached the all time high again.
trump is a loser to biden
repeat trump is a loser biden
repeat repeat repeat trump is a loser biden
now one day maybe trump will not be a loser.
note this is about the btc all time high and nothing elseI would be the first to say trump is a winner when it comes to illegal immigration when compared to biden.
trump is a loser about the price of eggs.
eggs went way up since trump was sworn in.
so Btc trump = loser
eggs trump = loser
kicking out illegal immigrants trump= winner
pretty clear cut numbers on those.
maybe in a month trump can claim btc victory if price hits 110k he will be the winner I will come back and correct it.
till then trump’s a loser.