Post
Topic
Board Trading Discussion
Re: If Kamala wins, how'd impact the crypto market and traders.
by
fuguebtc
on 07/11/2024, 15:52:11 UTC
Sorry but BTC has proved more than 5000 times that doesn't bother who is saying what. At all! So, you shouldn't be so pessimistic. The King will hit another ATH before the end of this year and... Merry Christmas to all!  Grin Cool

If the US government is not friendly and strict towards bitcoin, they will issue policies that prevent institutions from investing in it. Do you think Bitcoin can reach $100k or will it continue to grow?


Things have changed a lot and you need to adapt, bitcoin has become more popular and is getting the attention of governments. The government is no longer turning a blind eye to its growth and I don't believe it can continue to grow or become more popular if the government doesn't want it to.

For example, if the government did not approve bitcoin ETFs, where would we get the billions of dollars that flow into the market every day and push bitcoin prices to the high levels they are today ?  Also , without the impact of Trump's victory, what caused Bitcoin price to increase from $68k to $76k in just 1 day? What was the driving force behind that?