Post
Topic
Board Bitcoin Discussion
Re: Trump is a mistake for bitcoin?
by
EarnOnVictor
on 05/04/2025, 19:07:57 UTC

Your effort with the price range is okay, after all, the gist was well passed, but the accurate one was from $2750 to $2536, which was massive! But now, Gold hit the ATH of $3167 yesterday due to Trump's action.


I later discussed about it on the second page of this thread using gold daily chart on MT4: https://bitcointalk.org/index.php?topic=5536851.msg65228350#msg65228350
Oh, I will check it.

Quote
There is something strange about bitcoin this time around and it is because of Trump. It is never really correlate with stocks in long term. I hope this would be what will happen.
I think gold holders have more experience than bitcoin holders as they make gold stay away from politics.
Well, we can't say that the trump factor is not part of it because it's good for assets, and even companies to stay away from the frontline politics, otherwise, it may cause instability in price if linked to a certain political figure. Still, it's not the totality of it, Bitcoin is a risk-on asset, I don't expect it to react differently in the case of an economic uncertainty like this.