So let us take advantage of the price right now, it's still below the 6 digits so this could be the last opportunity from everyone to get it cheap and at a discount before we can see another huge run and maybe touching another all time high very early around $110k-$120k.
It's always an opportunity when BTC drops but I would add not buying the whole available amount that someone has. However (and even if I don't like it), a possible bigger drop can occur thus and a better buy price.
If the announcement does not happen soon, nothing will happen to the Bitcoin price. What we will see is the usual up and down movement and the price will move sideways.
There is nothing wrong if Bitcoin stays the way it is. But there is hope that the Trump administration will announce their stance and intentions towards Bitcoin soon. Let's wait for that at least until the end of this month.
There is nothing wrong if Bitcoin stays the way it is. But there is hope that the Trump administration will announce their stance and intentions towards Bitcoin soon. Let's wait for that at least until the end of this month.
The dip happened probably due to the situation regarding the Silk Road, so there is that.
And I agree - we need a bit more time after the inauguration to see the effects of some promises that were made being acted upon. Otherwise, the sentiment would remain at the same level it is now.
Silk Road, Cryptopia liquidation, etc, of course, we have people who will sell. Especially at such prices. As for Trump's administration, I agree with both of you but let's not forget that has a lot to handle and a lot to spend. Needs money that is in front of their eyes and know that even one positive word/ proposal/ taxation/ etc can raise the price to the moon. Also (and without forgetting it), dollars are the ones that matter the most for them, not crypto. Pumping for selling higher, is very common in our universe...
