Quote from: tvplus006 on Today at 08:36:57 PM

Quote from: Donneski on April 05, 2025, 09:46:04 PM

Why are just discussing about the negative effects of Donald Trump's decision to invest in Bitcoin and not talk about the positive effects. Before the bullish run late last year till the beginning of this year, I don't think there are people who thought that Bitcoin will hit the current ATH. It was after he publicly endorsed Bitcoin and disclosed his interest in hugely investing in Bitcoin that the price suddenly began to experience unusual uptrend movement. I'm not disputing the fact that his involvement in Bitcoin is beginning to regulate the activities in the Bitcoin market but I think it's just a temporary impact that'll soon be a history. The bull run we all are anticipating isn't here yet and I strongly believe we all are gonna smile at the end when we bull run kicks off

Trump's influence on the stock and cryptocurrency markets is vividly illustrated in the chart below. The TOP 10 coins are what has really been achieved since Trump's inauguration, that is, January 20, 2025.

This does paint a clear picture. Though this shouldn't come as any surprise. It was foolish for anyone to think that amidst all of the positive sentiment from so many groups of people and institutions, that it wasn't at least a local top. I feel sorry for anyone who was expecting a green candle to $1,000,000 after his inauguration...I know there were people who were on this page, sadly for them. Hopefully they don't sell low

Quote from: countryfree on Today at 11:03:49 AM

It's about time for BTC to stand on its own. I know BTC has been following stocks for years, but that has to stop.
Trump's tariffs will make German cars, French wine and Chinese clothing more expensive, but there's no relation those goods and BTC.

There's no tariff on BTC. We are BTC investors and traders, tariffs should have no effect on us.

It hasn't been following stocks. It's been following M2 money supply expansion. It will likely continue to follow it, and if M2 contracts (after a long period of expansion) then the USD will become stronger against BTC and stocks, likely trending them both downward. Bitcoin will shine during the next recovery/expansion.