Quote from: AprilioMP on July 31, 2024, 08:30:45 PM

Quote from: Obi-Ejike Banito on July 16, 2024, 08:12:22 PM

Bitcoin has suddenly springed in the last couple of hours breaking the 65,000$ Mark. This was observed to happen immediately after the attack on Donald trump, the Presidential candidate of the United States of America.
Without drawing much attention, could it be because he is fully in support of cryptocurrency?. I would like to hear others opinions.

There are times when we will be shocked again with reality that is not in accordance with the price predictions that have been taken because of an action taken by someone who has an influence.
I support Donald Trump's ideas related to Bitcoin and because of Donald Trump's campaign, the Bitcoin price market has good support in terms of price. Hopefully what he says is not just political nonsense.
Do not 100% believe in the factors that have the effect because we could just one day the thing that was thought did not happen.

He could be the one that might push this Bitcoin rally to $100k or higher this year and to the next year. But not going to be easy and there could be a lot of surprises a long the way. The Trump campaign will take months, election is on November, so there could be news that will push the price again or market just really going up because of the economics of Bitcoin, law of supply and demand.

So again, we should be really going long or look at the bigger picture. Currently after peaking at $70k during Trump's speech, the price decline again to $64k. So there are still people who sells and try to make profits instead of HODLing so we can't blame them for that. But at least we should stay in the market and I'm expecting that we might see $80k-$85k at the end of the year and for sure others too have this prediction in hand.