Quote from: harapan on February 20, 2025, 04:02:57 PM

Quote from: Asap264 on February 06, 2025, 08:45:20 AM

Hello everyone, are we going to see 150k this year because it seems Donald Trump does not have time for BTC again?

Why do people always think Donald trump have so much influence on Bitcoin based on the fact that he supports the crypto community doesn't necessarily give him power over it and at such he can't regulate the price, and if it goes up surely it would come down cause that's what categorise it. So if he doesn't have time for it it's definitely not affecting the markets and price but looking at it hitting 150k I ain't sure about that but we should keep our hopes high.

It's because he is the US president and they have so much influence in every market, not just in Bitcoin, but the whole financial world. So just a simply announcement from them, like the tariffs that he imposed on 3 countries, the price of Bitcoin plummeted from as high as $109k->$90k'ish. So that is a huge correction and I don't know if we can call it that way. Nevertheless since that announcement, right now the price has bounce back to $98k and hopefully we can maintain it and then at least before the end of the month, we will still be at the six digits so that $150k is still doable before the end of this year or at least when the bull run is over.