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?
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.
I see the aspect of this your point but I still think it wasn't really Trump decision that made bitcoin to turn back. If we look at the history of bitcoin price after every halving season, we are going to observe that before the bear comes, the price of the previous ATH would have doubled but this time around we only saw around $107k or so before the correction started which was not not normal or completed yet. Although, Trumps diversion of interest to his memecoin might have slowed things for the price of Bitcoin causing the dip and correction that went on over the last month. But it is a given that the bull will resume until at least the price hit $150k above, and who knows if the price will stay that way despite expectation of bear season because institutions and
US plan to hodl btc.