Some guys in the area are saying that Trump is the reason why Bitcoin got to $100k last year and even surpassed it this year. Do anyone of you here have same thought?
In my opinion, wiithout the US presidential election, Bitcoin would have still surge to $100k last year or this year. There's no reason to give unnecessary credit to Trump as the god that made it possible for Bitcoin to quickly catapulted to $100k. Do you agree with those people that are giving credit to Trump? What do you have to say.
Before the November elections, I already said that in order for Bitcoin to reach $100,000, we need a CATALYST/S that will push it's price to 6-digits. Not to brag, but I also said that Trump MIGHT be the catalyst that we are waiting for, and he really is the catalyst. While I'm grateful that he became the primary reason why Bitcoin went to $100,000, of course there will always be an opposite side of the story. There will always be people that will hate him because they might've lost their capital.
As for Bitcoin surging to $100,000 despite not having the presidential election, while this might be true, we need another catalyst that would push the prices, and at that time, there isn't any catalyst that can do it aside from him. I'll give credits to Trump and because of him, the sentiment of the investors turned way more bullish hence, it pushed the price higher, but still, let's not forget that he's also the reason why the market dumped heavily a few months ago because of this tariff drama that he also created.