The Trump Effect To Push BTC to $100K?

[TomPluz]

There is now no question that the election of trump last November 5 and his coming inauguration in January 20 got strong and game-changing effect on Bitcoin as well as Ethereum for that matter...though we still have to feel the same energy on many alts. With Trump promising many good things to come down on the cryptocurrency industry and the big possibility that both the Senate and the House could also be crypto-friendly, finally, that can mean we might see better and acceptable regulation on many aspects of the industry from the government. All in all we are seeing such a massive shift causing many investors to take the ride and provide more fuel we are witnessing right now.

I am sure that you can be thinking...will this trend caused Bitcoin to finally get beyond the $100K mark since we are already right now in the $81K zone?

I am quite positive on it though since we are dealing with a volatile asset, there can be some factors that may come in between today and January 20 that can dampen the enthusiasm of the market.

What do you think...agree or somewhat disagree?

[Azharul]

Bitcoin is one of the best profitable and popular currency in cryptocurrency market. We also saw that bitcoin price is increase day by day. We also know that US election was held before a week, Donald trump win in election. Donald Trump also support bitcoin, he also inspired us if he won in election he could reach bitcoin price in strong space. We also saw the effects in cryptocurrency market. So i believe that within a short time bitcoin price will reach $100.

[JISAN]

Bitcoin $100K is our dream According to previous ATH records, there is very little chance of Bitcoin hitting $100K this halving, but since the US Prime Minister Donald Trump has made positive comments about Bitcoin,he has cut taxes on Bitcoin and taken more steps.  Elon Musk, who is now a close associate of Donald Trump, is a fan of Bitcoin, so in this journey, Bitcoin may pump up to $100k at an unusual rate. This may be a reflection of Donald Trump's attitude and political rhetoric.

[Mia Chloe]

I had a brief discussion with a friend the and from his explanation he was often opinion that the trump effects are actually faded away quite a couple of days ago and the market is being pushed currently by investors. Now is pretty much seems like everyone on the market is busy placing buy orders on different tokens and coins including bitcoin.
Before now I was actually thinking bitcoin wouldn't get to the 100k Mark this year however I'm starting to think  that based on the current momentum of the market bitcoin may eventually end up with a 100k as a price mark even before the month is over though im still speculating.

[yhiaali3]

Bitcoin is now at $86,500, the highest ATH in history, and we are on a fast track towards 100K, which we will likely reach before the end of the year given the huge momentum in Bitcoin at the moment.

The impact of Trump's victory was very clear on the market, although he has not officially assumed office yet and has not fulfilled any of the promises he made. We will wait until the beginning of the new year to see the new decisions, and then we can judge in which direction the market will go.

[Stuart]

It's been long awaited for the price of BTC to reach this highs and here we are so close to that price mark of $100k. It's not too clumsy to see BTC at $100k before the end of November, cause it's moving very fast. So far, it has touched the $85k+ 11th November, and still moving with strength.

If truly Mr. President makes the Senate to be friendly users of crypto currency, we should even be expecting more highs than what we have now.

We will have more investors, more crypto enthusiast and the crypto community will become bigger than ever. Countries will fully legalize crypto currencies (though, it might be regularized).

[bhadz]

I somewhat agree and it's a positive thing for BTC that Trump has won and maybe if it's with Kamala Harris it would be a different story but, I think that it's also a rising pattern for her if given that she's won the election. We're now $87k and went back a bit to $86k. I was surprised to be honest as I am doing something else and haven't checked the market for a while and as for checking it, literally that it's close to $90k and soon maybe at the end of this year, $100k is very likely if the movement is the same what we're having now.

[target]

This is a new phase of crypto because there is a president in US who's friendlier to crypto and are prepared to losen the belt in regulating crypto. 86k for now. It will go beyond this price till we reach that 100k and this is really a Trump effect.

Looking at the future in the negative side of this. I hope Trump will not be blamed by those new comers in crypto if the loss money.

[Paragon2]

Currently Bitcoin price has touched 87k dollar, more Bitcoin price will increase in future.  You may notice that the price of Bitcoin has continued to rise above 58k for a long time in October and November.  But it will move towards 170k dollar soon after we reach the dollar together, so bitcoin price is likely to rise even more at present. 
As Donald Trump will build Bitcoin City in his main capital, Bitcoin holders are currently getting the most attention.  Because Donald Trump himself loves Bitcoin the most, which is why Bitcoin will be ranked at the top.

[Tribalchief]

I am sure that you can be thinking...will this trend caused Bitcoin to finally get beyond the $100K mark since we are already right now in the $81K zone?

I have this positive thinking as well, because bitcoin has so far climb from the $81K you mentioned to $87K as at the time of writing. Like i've said on other threads, and i will say, we are still very much in a bullish trend, because as things stands now, it looks like the $100K will be achieved before december(pure speculation).

I am quite positive on it though since we are dealing with a volatile asset, there can be some factors that may come in between today and January 20 that can dampen the enthusiasm of the market.

Even if there are other factors that could either trigger the price further, or decelerate the trend, i think bitcoin will hit $100K before anything happens further.  January 20 seems to be a very long time considering how well bitcoin has performed in the last few days.

[KingsDen]

I somewhat agree and it's a positive thing for BTC that Trump has won and maybe if it's with Kamala Harris it would be a different story but, I think that it's also a rising pattern for her if given that she's won the election. We're now $87k and went back a bit to $86k. I was surprised to be honest as I am doing something else and haven't checked the market for a while and as for checking it, literally that it's close to $90k and soon maybe at the end of this year, $100k is very likely if the movement is the same what we're having now.

Crypto is full of surprises. Bitcoin is currently at 88k, if it continues like this, it may likely clock 100k before the end of the year. We all need to remain calm and avoid some impulsive decisions. The Trump's effect is real magic, I am really optimistic that everything will turn out well.

[alltalk]

I am sure that you can be thinking...will this trend caused Bitcoin to finally get beyond the $100K mark since we are already right now in the $81K zone?

Everyone should think about this. We are curious that $100k will finally be reached or not. However, I believe the peak price of Bitcoin will be above $100k. Today, Bitcoin successfully passed $88k, it is very close with $90k. When Bitcoin already crossed $90k, the next destination should be $100k. You must be aware that we are getting closer with $100k. The Trump effect is real, it really boosts the BTC price growth.

[PX-Z]

I didn't expect it will be this faster to reach such height. People are really hype and looks there's going back here. We are already in $89k as of writing, so $90k is really going to happen and higher possibility of $100k for the next few days.

[bayu7adi]

I didn't expect it will be this faster to reach such height. People are really hype and looks there's going back here. We are already in $89k as of writing, so $90k is really going to happen and higher possibility of $100k for the next few days.

I was the same, initially I was not sure until finally when the US election started to count and Trump was leading, it changed all my perceptions... at this $80k mark I started selling some of my BTC gradually until at least the $100k level and above if that was possible.

Maybe this will continue until January 2025 and that makes many people more convinced that the bullish moment after the halving is happening.

[Faisal2202]

I am quite positive on it though since we are dealing with a volatile asset, there can be some factors that may come in between today and January 20 that can dampen the enthusiasm of the market.

What do you think...agree or somewhat disagree?

I feel so dumb that I did not consider the inauguration date and was being too bullish about BTC and all. Well thanks for sharing the date with us and yeah it's for sure that till then manipulators and FUD creators will try to manipulate the market and try to dump it so those who are shorting can also make some profit but even if it happens it wouldn't last long so no a big deal for now.

But still why someone wants to dump the market for longer period of time except the whales because they have to book the profit and that much selling will dump the market. I think till then market will be more volatile, but after that we will see a boom in the price of BTC.