Quote from: RaraAvis on June 05, 2025, 09:14:41 AM

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Why do you think?

We almost reached that price and that's because of the Trump-Musk drama that caused the price of Bitcoin to go as low as $100,000.

Well, it's not surprising that there's a huge buying pressure at that price because that's been considered as a psychological resistance, and many investors want to buy Bitcoin at that price. I already said it in the past, but I also believe that Bitcoin will try and go below $100,000 and it will also go as low as $97,000 like what you said before it goes up. We need another catalyst though before that will happen. We need another Trump and Musk drama again. If there's one person that would cause the market to plummet, it would be Trump yet AGAIN.

On the flip side, I might be wrong as well, and we might see $100,000 as a short term bottom then in the following days, we will see the market going up already and who knows. We might see Bitcoin reaching as high as $110,000 yet again, and potentially reaching new all-time highs. The market is starting to recover though after the drama.

Quote from: Marvell1 on Today at 02:39:03 AM

I'm even surprised that Bitcoin price dropped just because of the conflict between Trump and Elon, because it's a personal conflict, nothing to do with the economy.

It's quite opposite for me. At the end of the day, it's Trump who caused the drama, and whenever he caused a drama, it will automatically have an effect especially with the crypto market.