Post
Topic
Board Bitcoin Discussion
Re: Some people are thankful to Trump for Bitcoin's price boom.
by
shield132
on 19/03/2025, 10:52:46 UTC
There is a significant change in the cycle compared to previous cycles that we need to acknowledge, bitcoin is becoming more politically driven and more economically dependent.

If you notice, not many people mention halving or its impact in this cycle. Most are only interested in news related to geopolitics, inflation, interest rates and government policies on crypto...Not to mention, bitcoin also hit ATHs before the halving and the catalyst is said to be the approval of bitcoin ETFs in the United States.
Also, Bitcoin is in a correction along with the stock market and the reason is said to be Trump's tariff war, and I don't think this is another coincidence. And I also believe that bitcoin will have a hard time continuing its rally if the Fed doesn't lower interest rates, the tariff war pushes the economy into recession despite the impact of the halving, and all of this is related to Trump.
The change in this cycle is that Bitcoin started to rise without halving's effect, that hasn't happened before. This year, Bitcoin started rise because ETFs got approved and it acted like a catalyst, then people had high expectations for Donald Trump and the price rose again after his win. I think that we haven't seen the effect of post-halving period to Bitcoin's price because Bitcoin spot etf approvals was bigger event than halving. Then there we have the potential of governments as powerful as the United States, creating a strategic Bitcoin reserves. There is also a space for FAANG companies to join the party and heavily invest in Bitcoin or accept Bitcoin payments. I think that slowly halving is becoming less important because other events are more serious and powerful.