Post
Topic
Board Bitcoin Discussion
Re: What’s NEXT FOR BITCOIN
by
Ziskinberg
on 27/11/2024, 15:13:00 UTC
Think about it, Trump hasn't even stepped in as the President yet and the market sentiment has made Bitcoin go up to $100k USD. There is still 4 years of policies that Trump can make to strength the crypto economy internationally. America doing this first, other countries will follow.

Not sure if it still works, but I'm sure if you’ve been in crypto for a while , you’re probably familiar with the -- "buy the rumor, sell the news” --- strategy. Right now, it’s still a rumor since Trump hasn’t taken office yet and can’t act on the plans he mentioned during his campaign. As long as positive news keeps coming out, rumors will circulate, which will likely have a positive impact on the market.

That’s why now could be the time to buy, as Bitcoin is likely to increase. We’ve seen a recent dip, but it was minor, and Bitcoin has already recovered, trading at $94k. So maybe this time, if it rises, we won’t fail to break through the resistance wall.