You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.
In fact, Trump is a fan of speculation. We all naively expected him to constantly point out the US leading to knowledge of the crypto capital of the world. But in fact, the real Bitcoin reserve was formed in North Korea)) Joke. So far, we have benefited from Trump in the growth of expectations, but then there were only one fall and fall.
And now, let the cryptocurrency have not fallen in price much, but still many traders are at a loss. It is clear that these guys bought crypto at the peaks in vain, but these were often conversations about Bitcoin about 150k, and they believed it.
There is nothing wrong with thinking bitcoin will be 150k one day, that is a true sentiment and will become a relaity. The problem is, they expected it too soon, because it is not happening right now. Will it happen in the future? Surely it will, we will see 150k eventually, could be in 3 months, could be in 6 months, could be in 5 years, we have absolutely no clue when it will happen but most assume it will be within one year.
So there was a smart reason to buy bitcoin and expect it to grow, nobody expected this drop and that is why we are here where we are at the moment. We need to just consider how it could move forward with the fact that everything will be confused on the long term if we just give up and sell and have no hopes for higher price in the future.