Yes, I think that it would be a great achievement for all crypto lovers. Because we could saw that Donald trump also a great lover of crypto currency would. We could understand, when he could support from bitcoins. After the election results, we could saw in crypto currency market starting to bull run. Because we believe that Donald trump's effect is also developing in crypto currency would. I think that gradually crypto currency market starting to a next bull run. In this time we can see that Bitcoin price already passing out $100k.
Yes, this is a win-win situation. Trump got a lot of votes from voters in his country, one of which was by bringing up issues related to cryptocurrency. And on the other hand, crypto has also been doing very well since Trump won the vote count. This is a win-win situation for all parties. And yes, Trump is a businessman, so he has an understanding of what can bring big profits.
And this time, the price of Bitcoin is going up again, even its latest ATH has reached more than $108k, and wow, when I posted this, the price of Bitcoin was going up again in the new ATH range again. It's cool, even though this is still 1 month before Trump's inauguration, hopefully according to his expectations, when Trump wins, the price of BTC will be at $150k.
What makes it more interesting is that he is not much concerned about getting the money to himself, but rathe to keep the name and standard of the US as it has always been. If he was just a business man with self interest, he won't have the plan of taking another crypto gig as a Secretary.
Trump did take the votes of crypto lovers and it seems that the US has a large number of users. Trump promised to support crypto and before the inauguration bitcoin has reached another ATH at $108K, this is very good.
It is possible that the price of bitcoin will reach $110K soon.
Maybe after trump's inauguration we will see the price of bitcoin soar and possibly above $120K
It's more like the parts that every government body or political party supports, there thy get their voters. If we look at the former president as a supporter of social life style, he got his votes there, since then, we've been hearing of some little talks on crypto currency by Donald Trump.
At his campaigns, he made it clear that he will be supporting the crypto industry, bum, the market surged high. With every positive statement made towards crypto by Donald Trump, it has a great impact in the market.
That being said, He has also brought the idea of setting up Bitcoin Reserve plan for the US economic system, which is another big impact, and I'm sure it's already having its effect. The tendency of Bitcoin breaking $120k before the end of the year is very possible, and prior to the inauguration day, the price might break or closely approach the $150k price mark.