Quote from: Promocodeudo on April 25, 2025, 04:14:49 AM

Quote from: Gozie51 on April 24, 2025, 08:19:33 PM

We have been seeing bitcoin price appreciate since Trump cut down on tariff and there have been speculation that exporters, importers or investors alike have found loose profit to push into btc. Also, institutions have started hodling more btc with the US strategic plan that have built trust and go ahead to shaky hands all the while.

So what do you think about the bull going from here, we are on $92+, can we hit 100k anytime?

I believe you understand what Bitcoin is capable of doing when the market is pushing with much barriers, I think as it stands now, Bitcoin going to $100k or more is no longer a big deal, currently as I write Bitcoin price is $93k+ meaning that we may get to the price you mentioned before next weekend, the perceived decisions that led to the temporal dip we experienced few weeks back is been reviewed to an extent so we should be expecting more goodnews in regards to the price of Bitcoin, have we now seen the reason why it is good for every bitcoiner to utilize every given opportunity to buy more Bitcoin, sometimes I see some actions or decisions taken by some powerful world political actors as a deliberate act so that some shaky investors can decide to sell prematurely unknowingly to them that people like micro strategy, other whales and individual investors who understands whats expected to happen next will be buying aggressively to keep hodling for a long-term.

It will shock you to see Bitcoin sits at $93k by next weekend after making some moves.

If I am not mistaken you are pointing to the discussion around the trade wars and tariff reductions that is the reason for the favorable increase in the Bitcoin price, but I think that may not be the right reason. Still few weeks ago, there was a huge flow of funds into Bitcoin ETFs, where billions of dollars were pouring in. I feel it is the main factor for the increase since institutional investors had a renewed coincidence and decided to put more money into Bitcoin. That also attracted new investors to invest into the institution.