Quote from: zuzie on Today at 03:31:38 PM

Quote from: Ale88 on December 22, 2024, 10:00:28 PM

Quote from: CryptoBullFLA on December 22, 2024, 12:23:22 PM

At this point I think it's one of two options.

1- Trump and Musk start using government money to build a "strategic reserve", and the BTC price goes way beyond 350k.

2- They decide not to, and we enter a vicious bear market.

A bear market just because the USA decide not to use bitcoin as a strategic reserve? So pretty much the whole bitcoin world is just waiting for Trump to make a decision? It doesn't make any sense. If it happens, good, if it doesn't happen, well, I'm pretty sure bitcoin will survive also this time, just like it always did in the past. I feel like that the US strategic reserve is becoming the new "China bans bitcoin" fud.

Yes, currently Trump has a big influence on bitcoin's future decisions whether bitcoin will go down or the price will go up. Moreover, Robert Kiyosaki has a very surprising view in the future that the price of bitcoin will reach $350k which is really fantastic, but of course there will be reconsideration because it could be just speculation and as investors we must remain careful before making decisions and acting.

If that is really happen, I am sure many small Bitcoin investor will be rich. Although they don't have many Bitcoins, they will take their position to make a big profit especially for those who sell at that price. They will think that what they invest in a few years ago will not disappointing them because now they are making a lot of money from their Bitcoin investment.

But we don't know when that will happens so that makes us still waiting for more. The price now below $100k so that still far away from what Robert Kiyosaki say. Perhaps that will happens in the next 1-2 Bitcoin cycle and that will be the big moment for us who holds Bitcoin.

Trump could give influence for Bitcoin price so we can hope that Trump will still do his promise. We all waiting for the next things from Bitcoin but if in this moment Bitcoin needs to gets deep correction, that will be a good moment for us. We can buy back for more at a low price.