Post
Topic
Board Bitcoin Discussion
Re: Where do you see bitcoin heading since Trump signed an execetive order?
by
Orpichukwu
on 08/03/2025, 18:03:31 UTC
1) Why would bitcoin price drop a little since the crypto summit last night.  Shouldn't it have gone up?

Price did not go up because Trump did not come out and say we already have plans to buy so-and-so amount of bitcoin, or we already bought this amount and the rest of them. The market reaction is just a clear indication that the information from summit was not as expected.

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2) Where do you see it heading in price from here?

Just as always, we can't clearly predict the future of the market, but it needs time sometimes before it will recover from whatever is keeping it at that level, but pretty soon it will point to the green level.

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3) Has Trump removed taxes yet from crypto when selling and/or tranferring from one crypto to another
I don't know about the taxes being removed, and I don't even know if there was any law that charged holders a fee for sending from one wallet to another. If there is any such law, please point me to it.