Quote from: Baofeng on Today at 01:02:58 AM

Quote from: LogitechMouse on November 06, 2024, 06:32:13 AM

Quote from: rdbase on November 06, 2024, 04:26:12 AM

Bitcoin has officially reached it's all-time high and is surging forward currently $74,900 closing in on $75,000 due to the way the election results are going in favor of a Trump victory very soon.

https://cointelegraph.com/news/bitcoin-new-all-time-high-united-states-elections-donald-trump-kamala-harris

For those traders out there, get ready for a roller coaster ride. Cheesy

Just a few hours after the huge lead from Trump, we've seen the price going up already and reaches as high as $75,000 then consolidated a bit back to $73,000.

By the time I'm posting this, Bitcoin reached another ATH again at $75,208 on Coinmarketcap ($75,300 on Coingecko), and I expect more upwards pressure in the upcoming days and weeks before having a short correction. I guess it's safe to say now that Trump won the Election now, eh? As for us Bitcoin holders, investors, or anybody that's using Bitcoin, can we consider the win of Trump a win for Bitcoin as well? Why or Why not? Sorry for the question, but it just popped out on my mind as soon as I'm making this post. Cheesy

And it is still $75,331 as of this moment, so after a correction, maybe there are speculators who sold and take small profits, and there could be reports that it is still very close fight between Trump and Harris. However, it's very clear that Trump had won already, so the price keeps pushing up and hitting another all time high. So now, we will wait how big this rally will be for us.

Remember that this is just the beginning, or this could be the news that we all have been waiting to see. Maybe some of us here doesn't want Trump to win, but it is what it is. The Americans have spoken, so let's see if Trump will make his promise to make Bitcoin or crypto his centerpiece or US will have a relax regulations. Congrats those who are still holding by this time and seeing their wallet grows x folds by now. But we should keep holding as next year if Trump officially sits at the White House, we might see 6 figures already.

Gotta laugh at all the BTC haters who say stuff like "Oh but BTC is too volitile"