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.
It is a good milestone bitcoin has achieved, $112k is no joke, it further demonstrates the superiority of bitcoin to other digital assets that exists.
Trump crashing the markets with his tariff bullshit was more political than actual, I can remember one of his tweets that says "Its time to buy" even before he relaxed the tariffs, more like he intentionally pulled the stunts to crash the markets as a settlement to those that supported him to get back in power so they can buy back cheaper. Those who bought the dips are in good profits already and I advise them to hold for longer.
With the way things are going now, I see an ATH of $115k before the end of the month
If not for Trump's controversial statements i think the price of bitcoin would have skyrocketed above $120k by now but each time the market is bullish that is when he brings up his tariffs drama but do we need to take his tariffs serious anymore? it is completely visible that Trump is just trying to spark an economic war that will crash the price of bitcoin but that is not gonna happen. Seems Trump is using his Tariffs to manipulate the market but investors are now being cautious not to sell even if the price falls because many people sold at lost when the price went down after he imposed tariffs on Chinese goods and some other countries, after the price got an ATH of $112k, most of those who sold their bitcoin then lamented their pain and now a lot of people are HODLing despite his treats to impose 50% on EU goods.
We can actually reach an ATH of $115k before the end of the month, the market have shown every indication of further bull run, we all just need to be patient and watch the price break more ATHs.