Not so long ago people were crying, saying that Trump ruined crypto, he triggered a bear market, crypto can’t recover from this etc
This is the most bullish US president the world will ever have probably and yet some people still can’t be happy about. This last bull run should be a nice slap in the face to those who had any doubts about the current administration.
And it only started a few months ago. I predict btc will see at least $500k/piece before Trump leaves the office.
This is the most bullish US president the world will ever have probably and yet some people still can’t be happy about. This last bull run should be a nice slap in the face to those who had any doubts about the current administration.
And it only started a few months ago. I predict btc will see at least $500k/piece before Trump leaves the office.
You're right about that. Donald Trump is the very first President to embrace crypto at its fullest. His policies will surely "pump" BTC's market price all the way to Mars. An ATH of $500k is good, but $1m is even better. Even if BTC doesn't go that high before the end of Trump's second term, many who bought before the 2024 election would already be in the "profit zone".
What I don't like is the negative effects of tariffs on crypto market prices. Maybe that won't be much of a concern to bitcoiners if trade deals are reached among the US' biggest trading partners. Trump already sat down with UK Prime Minster Keir Starmer to discuss a trade deal. Meanwhile, talks were settled in Switzerland with China for a potential reduction in tariff rates. These are all bullish signs for the whole crypto market. Would you imagine if Kamala won the 2024 election? Bitcoin would've had a hard time reaching a new ATH. The market would've been bearish by now. I think it's time to celebrate, right?
None of us can know what would have happened to the price of Bitcoin if Kamala had won the election. On the one hand, Trump has a positive impact on the crypto industry, but at the same time he creates uncertainty in the markets with his policies. I hope Trump will agree on the size of the duties with the representatives of other countries in such a way that it will have a positive impact on the geopolitical global environment. Then we will be able to see a new inflow of money into risky assets. Then we will celebrate, but now in my opinion it is too early to celebrate.