Just as the title says, ever since Trump became president of the United States this is the very first All Time High we are seeing under his administration, the previous ATH was under Sleepy Joe and today which is the bitcoin pizza day bitcoin is on fire under the Musky Trumpeter leadership.
You will agree with me that after Trump Pro bitcoin campaign, bitcoin went so high and experienced a new ATH which was so impressive but however after being elected into power, trump took decisions which affected bitcoin so much (directly or indirectly).
He's Tariffs against several countries became a negative influence on bitcoin it crashed down to 78k or below as I can remember. It was a very unpleasant journey for bitcoiners as far as I'm aware but however some people saw it as another opportunity to buy more which I'm also part of those guys who bought more.
Hence it's very much impressive to see bitcoin hit new ATH under the Musky Trumpeter leadership. 112k as my new ATH probably the end for today, it's definitely a milestone.
I nrever panicked when Bitcoin dropped to $74k because from my analysis it told me $73 4k was the point to bounce off. The tariffs impact was only felt on the short term, whereas for the long term Bitcoin is going to do greater in number when we consider the US government Bitcoin strategic reserve, Institutional money coming in via ETFS and Grayscal future Bitcoin purchase.
During the pullback, There were a lot of panicking as whether the Bull was over when Trump started his trade wars with China and rest of other countries.