Post
Topic
Board Trading Discussion
Re: BTC falls below $92 in the last 24 hours
by
suzanne5223
on 15/01/2025, 22:25:16 UTC
And just after 48 hours, Bitcoin has recovered. While some alts are also doing it, it's all thanks to BTC's movement and resiliency.



From what i see this is Bitcoin trying to chase lower prices by trying to break $90k which turned out to fail again, retailers or investors do not want to lose this moment, they think this is a good price that may not be repeated again, so the price of Bitcoin is pumping again in just a few hours plus soon it will be ahead of Donald Trump inauguration, this is a breath of fresh air for investors who decide to put their money on Bitcoin, hopefully at the time of Trump's inauguration will say something positive related to Bitcoin so that it will trigger the price back up even more. 
I also think that this has something to do with Trump getting in the office next week. It's only a few days from now and that's why there is this rally that we're seeing from the market.
Guys, it is not every bullish trend the market experiences this day has to do with Donald Trump's inauguration there are a lot of things going on behind the scheme. Things like
1 Osprey Funds seeks SEC authorization to reverse its Bitcoin trust to an exchange-traded fund (which means more accumulation of BTC).
2 El Salvador working on widespread Bitcoin adoption and installing BTC nodes in every home.
3 BlackRock to launch iShares Bitcoin ETF in Canada which will make another milestone.

However, this positive movement may have been triggered by the Trump inauguration due to his positive stance towards Bitcoin, and his plan on BTC as a reserve strategy.