Trump controls the market

[philipma1957]

It is sad if Bitcoin ends up falling to the $60k price area, when at first Trumpet was said to be a helper for Bitcoin but in the end it became the opposite, the price Dump after Trumpet was inaugurated and there has been no new ATH until now since he was inaugurated.

It only gives fundamentals that look real but will actually only make everything go down including the policy of some crazy import duty increases

But I don't really understand why we make it looks like Trump is trying to be the main man behind Bitcoin price. Remember that Bitcoin has always been a decentralized assets, no need for all these drama he has been creating, he has even try in my opinion even though he never did all he says he take it till he see no benefits from it on his election again.

What we should anticipate now is the continue adoption from other countries, time will come when Bitcoin will be global that people can't do without it, even now they can't really do without it but they don't just want to admit it.

Trump has clearly shown he can hurt prices of stocks and business.  Since crypto is more linked to stocks than many thought crypto has also been hit bigly.

But BTC still can be separate from mainstream maybe this is what happens.

I remind everyone that major miners are saying fuck this shit and keep adding more hashrate.


so hahsrate is bullish as fuck

https://www.coinwarz.com/mining/bitcoin/difficulty-chart

[ZAINmalik75]

Is it actually safe to say 'Trump is now the king of the market' because with what we have seen so far for days now he has actually shown that he is in charge and anyone trying to go against him will have himself to be blamed, i hope he settles the issue between him and the chinese president because it is affecting the market badly, if it continues, do you think we may see BTC at 40k?

It is possible that we may see BTC at $20k even after all that adoption and ETFs and reserve hype, it is possible for BTC to dump that much. It is crypto anything is possible it is a matter of selling pressure that everything can dump like hell.

If BTC dumps the whole market will dump which we all know so it could wipe out a lot of funds form the market, which Trump has already did, he already wiped trillions from the market with this tariff war and still want to continue although the shift to BTC as payment in between different countries is a bullish news.

[taufik123]

But I don't really understand why we make it looks like Trump is trying to be the main man behind Bitcoin price. Remember that Bitcoin has always been a decentralized assets, no need for all these drama he has been creating, he has even try in my opinion even though he never did all he says he take it till he see no benefits from it on his election again.
-snip-

It's about everyone's mindset and Trump is also the most viewed high-ranking person today, therefore when a word about crypto, especially Bitcoin, then it will become a trend and when Trump starts acting by taking actions that even go against the condition of crypto then it will make crypto bad.

But of course this won't happen continuously, this is just because Trump was inaugurated when Bitcoin was about to go to ATH but after that the price of bitcoin has continued to fall until now.

Gradually the influence of a trump will no longer be a trend, as happened to Elon Musk who did it first, but then Elon is no longer a trend for Bitcoin or crypto, it has faded.

[jeraldskie11]

But I don't really understand why we make it looks like Trump is trying to be the main man behind Bitcoin price. Remember that Bitcoin has always been a decentralized assets, no need for all these drama he has been creating, he has even try in my opinion even though he never did all he says he take it till he see no benefits from it on his election again.
-snip-

It's about everyone's mindset and Trump is also the most viewed high-ranking person today, therefore when a word about crypto, especially Bitcoin, then it will become a trend and when Trump starts acting by taking actions that even go against the condition of crypto then it will make crypto bad.

But of course this won't happen continuously, this is just because Trump was inaugurated when Bitcoin was about to go to ATH but after that the price of bitcoin has continued to fall until now.

Gradually the influence of a trump will no longer be a trend, as happened to Elon Musk who did it first, but then Elon is no longer a trend for Bitcoin or crypto, it has faded.

Trump is taking advantage of the opportunity because people are looking up to him now especially among crypto investors. Trump is a very influential person, he can change the price trend in the market with his words. But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

[Gurujebs]

Trump is taking advantage of the opportunity because people are looking up to him now especially among crypto investors. Trump is a very influential person, he can change the price trend in the market with his words. But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

What does politicians does other than takes the advantage of things they see around especially the one that will go viral. He hasn't in his life for once want Bitcoin, it has always been a hate upon hate that you will think it was personal but come his next election, he saw the opportunity and seize it immediately for his campaign till the end of the election.

I like how he is doing his things now, he has close the gap between normal people and the rest of the politicians because there is nothing other ones will come and say if he doesn't do the things he promised the Bitcoin community.

[taufik123]

-snip-
But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

As I have already said, gradually trump will have no effect whatsoever when he is not in line with Bitcoin and more bad things happen.
there are more factors influencing Bitcoin's price rise, Trump is just a part and fundamentals are quite hype at first, but when it's saturated enough then there's no more influence on Bitcoin or crypto.

But yes the policies of the governments of developed countries have always been in the spotlight around the world, because they are very powerful and have more power, such as in the ongoing tariff war between America and China.

[Mate2237]

-snip-
But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

As I have already said, gradually trump will have no effect whatsoever when he is not in line with Bitcoin and more bad things happen.
there are more factors influencing Bitcoin's price rise, Trump is just a part and fundamentals are quite hype at first, but when it's saturated enough then there's no more influence on Bitcoin or crypto.

But yes the policies of the governments of developed countries have always been in the spotlight around the world, because they are very powerful and have more power, such as in the ongoing tariff war between America and China.

Donald Trump has nothing to do with Bitcoin and bitcoin is going down because of the tariff effect on dollar and bitcoin is pair with dollar in the stock market. Even though we sell bitcoin with our local Currencies but it is calculated with dollar and it is the dollar rate is the calculated to pay the seller and for that whenever dollar is affected in the international market it affect bitcoin as well. Donald Trump is fighting to save the dollar because BRICS NATIONs are trying to form a BLOC against the US dollar. And that is the tariff war. But in this time of the tariff war, if US didn't apply good tactics, he might not survive this because there was a serious gang up against them.

Drop does not control the bitcoin market but fiat exchange market and bitcoin is tied to that.

[0t3p0t]

Is it actually safe to say 'Trump is now the king of the market' because with what we have seen so far for days now he has actually shown that he is in charge and anyone trying to go against him will have himself to be blamed, i hope he settles the issue between him and the chinese president because it is affecting the market badly, if it continues, do you think we may see BTC at 40k?

Trump has the power to manipulate the market depending on how he will do it but what had happened is just temporary and we all know that manipulation, trend and hype is also temporary because everything will go back to normal anytime soon.

[vegasus]

Trump is taking advantage of the opportunity because people are looking up to him now especially among crypto investors. Trump is a very influential person, he can change the price trend in the market with his words. But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

I agree with you, however, Trump is a businessman. and he is very capable of utilizing the momentum and also his achievements as president, one of which is for this. Because crypto business is one of the most promising businesses, and he has power, his name is very influential, so he has the opportunity to optimize his current condition and position for several things related to crypto business. and in the end, yes for much greater profit for his party.

But, on the other hand, this also has a positive side to its influence on crypto, yes there are pluses and minuses. so when we are able to be in a position that can take advantage of the moment too, then yes we will be able to get a pretty good profit too.

[Blaze]

Trump is taking advantage of the opportunity because people are looking up to him now especially among crypto investors. Trump is a very influential person, he can change the price trend in the market with his words. But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

Oh yes, the sentiments do have a large impact on the crypto market and this is something that we have known for quite some time now, however, this does not rule the fact that price movement does not solely depend on sentiments alone. Often, when a certain influential figure gives a speech, it has an immediate effect but the cryptocurrency market does not act on a short term basis, it has certain characteristics that are technological apportion, regulation, and other factors as well as behaviour of other big investors. The features of Bitcoin, for instance, such as its price volatility may be dictated by the global events like monetary policies or significant actions of financial institutions. This clearly demonstrates that the crypto market has a lot of volatility as well as crisis tendencies, which cannot be regulated by anyone.

[doc]

Trump is taking advantage of the opportunity because people are looking up to him now especially among crypto investors. Trump is a very influential person, he can change the price trend in the market with his words. But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

I agree with you, however, Trump is a businessman. and he is very capable of utilizing the momentum and also his achievements as president, one of which is for this. Because crypto business is one of the most promising businesses, and he has power, his name is very influential, so he has the opportunity to optimize his current condition and position for several things related to crypto business. and in the end, yes for much greater profit for his party.

But, on the other hand, this also has a positive side to its influence on crypto, yes there are pluses and minuses. so when we are able to be in a position that can take advantage of the moment too, then yes we will be able to get a pretty good profit too.

As a businessman, Trump understands the benefits of investing in bitcoin, because crypto technology will be more popular and needed in the future. With his position as US president, of course what he does will affect many people and many countries, by saying that as a crypto supporter this has a good impact on the growth of crypto in the future.

[jeraldskie11]

Trump is taking advantage of the opportunity because people are looking up to him now especially among crypto investors. Trump is a very influential person, he can change the price trend in the market with his words. But that doesn't mean he always control the market because it's impossible to happen, even for himself the price will not always follow his wishes especially if what he says is not in line with the price trend in the market. Many things can affect the price of Bitcoin such as ETFs, not just only with influential people.

I agree with you, however, Trump is a businessman. and he is very capable of utilizing the momentum and also his achievements as president, one of which is for this. Because crypto business is one of the most promising businesses, and he has power, his name is very influential, so he has the opportunity to optimize his current condition and position for several things related to crypto business. and in the end, yes for much greater profit for his party.

But, on the other hand, this also has a positive side to its influence on crypto, yes there are pluses and minuses. so when we are able to be in a position that can take advantage of the moment too, then yes we will be able to get a pretty good profit too.

As a businessman, Trump understands the benefits of investing in bitcoin, because crypto technology will be more popular and needed in the future. With his position as US president, of course what he does will affect many people and many countries, by saying that as a crypto supporter this has a good impact on the growth of crypto in the future.

That's right. And since Trump supports crypto, it's a big advantage for investors. I'm sure Trump has a lot of investments in crypto, he's just not revealing everything. So we don't have to worry that the market might return to bearish because we still have a time that can change the situation. There's not much good price action the days, maybe in the next few days there will be a news that will affect the market positively. Let's just stay tuned!

[PX-Z]

$40k is too far from happening. Bitcoin price won't reach that again not unless big institutional whales like Microstrategy sells their holdings on this current state which is impossible to happen. As far as i read, they buys another set of bitcoin again.

This price dumps have nothing to do with trump but its effect on some ways on the minds of traders, nothing else.

[JollyGood]

I do not believe that one man controls the market. There are far too many variables involved to affect the market in a meaningful manner therefore it is beyond the control of one man. It is clear that Trump has affected the market but he certainly does not control it.