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.

It's fantastic? I believe not ser. My personal prediction for Bitcoins's next all-time-high is $375,000 and I think that's very conservative if we consider that the institutions, business and government, are indeed coming in to buy Bitcoin for their reserves and their ETFs.

Plus I agree on "being careful", but because plebs like us can'r predict the market's price movements consistently, we merely should zoom out the chart to the maximum, and buy the DIP and HODL.