A Deep or Correction?

[LogitechMouse]

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I don't know why we are concerned about Trump not making any positive speech about Bitcoin again when we know that he is the president of a country that can see Bitcoin as the least thing to talk about for his country to start up with currently since Bitcoin can soar on his own at any time without affecting country finance.

Bitcoin can be kept pending while the country issue is resolved. That's what Trump thought would be. Bitcoin growth is not dependent on him alone

Many think that if Trump speaking about Bitcoin is bullish for most of the investors. What I see is that Trump is the biggest manipulator currently. It's indirect, but when he won the election last November, the market pumped really hard, but when he said that he will impose tariffs on Canada and Mexico, the market dumped really hard. The price movement of Bitcoin right now is tied with how Trump moves.

Well, there will be a time where there will be no effect towards the market anymore if Trump speaks about it especially with Bitcoin. That might take a long time though since he promised many things that's Bitcoin-related during his campaign. Whatever the case is, let's expect some pumps and dumps in his first months as the US president.

[Gurujebs]

I think it is normal if people expect much on Trump's speech in the day of his inauguration. It is because Trump made some big promises for crypto and Bitcoin industry. As Trump the president of US, he has a big power to influence the Bitcoin price. But it only can happen if Trump make any good statement for Bitcoin and crypto. Unfortunately, he said nothing about crypto or Bitcoin. However, it is true that Bitcoin doesn't depend on Trump.

The whole world was watching him make promises and now they all want to see if he was just blabbing or he want to make it possible for everyone to see crypto will rein in his regime but you know politics will play with people, he might have some pure intentions to make it happen but we know presidency isn't a one man thing to accomplish, it will take time.

I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.

[taufik123]

-snip-
I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.

Yes, Bitcoin will continue to grow under any circumstances, even though with the current situation being quite complicated, Bitcoin remains a decentralized digital asset that is able to change the way of looking at actual payments.

Those who initially made the influence of the Bitcoin pad would eventually not have any power and would be considered an ordinary event.
Like Trump's influence in the last few weeks but then nothing happened after he was inaugurated.

[milewilda]

-snip-
I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.

Yes, Bitcoin will continue to grow under any circumstances, even though with the current situation being quite complicated, Bitcoin remains a decentralized digital asset that is able to change the way of looking at actual payments.

Those who initially made the influence of the Bitcoin pad would eventually not have any power and would be considered an ordinary event.
Like Trump's influence in the last few weeks but then nothing happened after he was inaugurated.

We do know that fundamentals doesnt really last long specially into the events that do only come and simply go on which you can be able to apply the overall impression whether its positive or negative but it would really be that still making out some effects but at the time or moment that the hype will be gone then expect that everything would really be that turning out to be normal. This is why you should really be that wise on how you would gonna go with the flow and would really be that taking advantage into this aspect.This is why its really better that you do know on what you are really that indeed doing.

[taufik123]

We do know that fundamentals doesnt really last long specially into the events that do only come and simply go on which you can be able to apply the overall impression whether its positive or negative but it would really be that still making out some effects but at the time or moment that the hype will be gone then expect that everything would really be that turning out to be normal. This is why you should really be that wise on how you would gonna go with the flow and would really be that taking advantage into this aspect.This is why its really better that you do know on what you are really that indeed doing.

It is more exciting if we talk about Fundamentals and the many factors that make Fundamentals constantly change, and the trend will always follow what Fundamentals are strong.

Fundamentals will also not be perfect without conducting technical analysis because between TA and FA will be continuous, this will be in sync so that a prediction will be created that will be used as a guideline to see how the market moves.

The fundamentals created by the people who are indifferent will only have an effect at the beginning and then will become completely normal, such as in the case of Elon Musk which initially had a great influence on DOGE, but currently Elon Musk alone will not be enough to raise DOGE to ATH again.

[alltalk]

Yes, Bitcoin will continue to grow under any circumstances, even though with the current situation being quite complicated, Bitcoin remains a decentralized digital asset that is able to change the way of looking at actual payments.

No doubt, Bitcoin will keep growing although there are many obstacles. Now, there are many supports for Bitcoin, it even becomes an important assets for few countries and big companies in the world. This just triggers Bitcoin to grow faster, it is a chance for a more massive adoption on Bitcoin.

Those who initially made the influence of the Bitcoin pad would eventually not have any power and would be considered an ordinary event. Like Trump's influence in the last few weeks but then nothing happened after he was inaugurated.

Yep, people assume Trump will bring big influence on Bitcoin price. Unfortunately, it didn't happen, we saw no effect on Bitcoin price. Even after he is officially a US president, there is nothing happening with Bitcoin price movement. So, Bitcoin will grow on its own way without any influence from certain parties.

[pawel7777]

(...)
Yep, people assume Trump will bring big influence on Bitcoin price. Unfortunately, it didn't happen, we saw no effect on Bitcoin price. Even after he is officially a US president, there is nothing happening with Bitcoin price movement. So, Bitcoin will grow on its own way without any influence from certain parties.

Well, he did make a move in the direction of creating the promised Bitcoin reserve, he issued the executive order to create a digital assets working group that will evaluate the creation of a "digital assets stockpile". The market didn't react to that at all, probably because it did not explicitly mention Bitcoin and the wording includes "(...) potentially derived from cryptocurrencies lawfully seized by the Federal Government", which may not be in line with hopes of Trump spending billions of tax payers' money to prop up BTC price.
Link for those interested:
https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/

[Stompix]

The whole world was watching him make promises and now they all want to see if he was just blabbing or he want to make it possible for everyone to see crypto will rein in his regime but you know politics will play with people, he might have some pure intentions to make it happen but we know presidency isn't a one man thing to accomplish, it will take time.

A part of the world that actually knew this guy was president 4 years ago and had a ton of promises that he didn't deliver at all clearly expected this, moreover lots knew his other economic plans were not at all a good thing for bitcoin but for those that don't consider macroeconomics it looked like gibberish and they were all on board on stupid promises. And all we got right now is an economic war that spooked the markets and a scam meme coin.

[alltalk]

Well, he did make a move in the direction of creating the promised Bitcoin reserve, he issued the executive order to create a digital assets working group that will evaluate the creation of a "digital assets stockpile". The market didn't react to that at all, probably because it did not explicitly mention Bitcoin and the wording includes "(...) potentially derived from cryptocurrencies lawfully seized by the Federal Government", which may not be in line with hopes of Trump spending billions of tax payers' money to prop up BTC price.

Have the group done something? I mean if the group still don't buy any Bitcoin, it makes sense if there is no impact on crypto market. It will bring impact if US government starts to buy Bitcoin on the market and they keep it for their Bitcoin reserve. I suspect the US government only use the confiscated Bitcoin for their Bitcoin reserve. If this is true, it is not surprising that there will be no impact at all on the market. 

[pawel7777]

Have the group done something? I mean if the group still don't buy any Bitcoin, it makes sense if there is no impact on crypto market. It will bring impact if US government starts to buy Bitcoin on the market and they keep it for their Bitcoin reserve. I suspect the US government only use the confiscated Bitcoin for their Bitcoin reserve. If this is true, it is not surprising that there will be no impact at all on the market. 

That working group was established like only 2 weeks ago, so we should give them more time before they issue any recommendations etc, as that's probably their main role. They won't be buying anything themselves, they were created just to make assessments and voice their opinion.
And, often times, positive/negative news has a much bigger impact on the market than the actual buying/selling.

[taufik123]

No doubt, Bitcoin will keep growing although there are many obstacles. Now, there are many supports for Bitcoin, it even becomes an important assets for few countries and big companies in the world. This just triggers Bitcoin to grow faster, it is a chance for a more massive adoption on Bitcoin.

It only takes time for Bitcoin, as happened before when Bitcoin was completely undervalued and then Bitcoin broke through that barrier and to date reached an ATH above $100k++ which even this price I hadn't thought about a few years ago.

This is the bitcoin cycle and this process is needed to make Bitcoin more valuable and achieve an even higher ATH.
The correction is just a sign that a big increase is also coming, so be prepared with your own bag.

[New Ranger]

It only takes time for Bitcoin, as happened before when Bitcoin was completely undervalued and then Bitcoin broke through that barrier and to date reached an ATH above $100k++ which even this price I hadn't thought about a few years ago.

This is the bitcoin cycle and this process is needed to make Bitcoin more valuable and achieve an even higher ATH.
The correction is just a sign that a big increase is also coming, so be prepared with your own bag.

It is true that Bitcoin is not a physical asset but in the future it becomes interesting for speculators and normally seen from the habits of Holders tend to actively follow and see price movements during a crash as an opportunity to get more coins at a cheap price. I think it all depends on the capital we have first and hopefully, when we buy back Bitcoin it is always when the price drops.

[milewilda]

It only takes time for Bitcoin, as happened before when Bitcoin was completely undervalued and then Bitcoin broke through that barrier and to date reached an ATH above $100k++ which even this price I hadn't thought about a few years ago.

This is the bitcoin cycle and this process is needed to make Bitcoin more valuable and achieve an even higher ATH.
The correction is just a sign that a big increase is also coming, so be prepared with your own bag.

It is true that Bitcoin is not a physical asset but in the future it becomes interesting for speculators and normally seen from the habits of Holders tend to actively follow and see price movements during a crash as an opportunity to get more coins at a cheap price. I think it all depends on the capital we have first and hopefully, when we buy back Bitcoin it is always when the price drops.

Only noobs would be seeing out that crashes and corrections are bad things, but for those who had been on this market for a while or long years then these are the moment on which this will be the best for them to accumulate more. If you do have that kind of mindset at the time that you do make out trades then you are really that prone into  such bad decisions specially on making up some panic selling on which this will really be that the usual case that will happen into a certain individual on this aspect but later on they will really be having such regret. Corrections or retracements are normal because market cant really be just that having that one direction.

[Rubel007]

I think it is normal if people expect much on Trump's speech in the day of his inauguration. It is because Trump made some big promises for crypto and Bitcoin industry. As Trump the president of US, he has a big power to influence the Bitcoin price. But it only can happen if Trump make any good statement for Bitcoin and crypto. Unfortunately, he said nothing about crypto or Bitcoin. However, it is true that Bitcoin doesn't depend on Trump.

The whole world was watching him make promises and now they all want to see if he was just blabbing or he want to make it possible for everyone to see crypto will rein in his regime but you know politics will play with people, he might have some pure intentions to make it happen but we know presidency isn't a one man thing to accomplish, it will take time.

I know that US adoption of crypto will play a huge role in the price of Bitcoin but we should also know that Bitcoin didn't start today, it started years back and it will continue to grow no matter the input of individuals or politicians, the value will always increase.

The price of Bitcoin will definitely increase, no government or anyone else can pull it down. Although it may have some impact for a while, it will be bullish in the long run. it is certain that if the newly elected President of the United States implements his promises about Bitcoin, then the Bitcoin price can reach other levels very quickly.  Bitcoin will not run depending on the words of a political leader. It is better to run at its own pace. Moreover, we are not yet seeing the implementation of those words as promised by Trump. He has just come to power, of course, it needs some time. Hopefully, he will soon move forward with his plan about Bitcoin.

[sampoerna]

The price of Bitcoin will definitely increase, no government or anyone else can pull it down. Although it may have some impact for a while, it will be bullish in the long run. it is certain that if the newly elected President of the United States implements his promises about Bitcoin, then the Bitcoin price can reach other levels very quickly.  Bitcoin will not run depending on the words of a political leader. It is better to run at its own pace. Moreover, we are not yet seeing the implementation of those words as promised by Trump. He has just come to power, of course, it needs some time. Hopefully, he will soon move forward with his plan about Bitcoin.

No doubt, just let it run according to its flow and current conditions. No need to worry. In every post I always believe that Bitcoin will rise again and reach its new ATH and the biggest one at its bullish peak. then with altcoin season too. Just need to be patient again and ignore all the FUD that exists. Stay alert is necessary, not panic. and now, the market seems to be quite sideways below $ 100k, no problem, just take advantage of it for traders to reap short-term profits. and take advantage of it for investors who do DCA or other strategies to increase their BTC accumulation, and just let it be in the wallet for hodlers.