I couldn’t care any less what’s happening with Bitcoin right now, all I know is, the little I’ve been able to accumulate on my portfolio is showing values that I’m okay with. This is the time that, investors smile at the decisions they made to invest in Bitcoin. People speculated a drop to below $90k but Bitcoin being Bitcoin would always chart a course of its own in the opposed direction and we haven’t seen its end just yet.
It's great to hear that your portfolio is performing well. Bitcoin definitely has a way of surprising everyone. Here's to hoping it continues on this positive trajectory for all of us.
Here are my quick guesses
1. Increased institutional adoption
3. Trump's crypto-friendly endorsements
I'll take those two reasons as valid, but for me, the main driver here is really institutional adoption...that’s the strongest signal that the Bitcoin market is becoming more trustworthy and mature. When people see big institutions buying in, it boosts their confidence and encourages them to follow the same path.
This current rally feels different from the past ones, it’s no longer just about manipulation or hype. It looks more solid and sustainable. The only downside for me is that I probably won’t get the chance to buy cheap BTC again if there's no major dump coming. That part kinda sucks.
Lol I feel you buddy. We may never get to buy BTC cheap again. Currently standing at $117,800 I also feel we might never get the chance of getting it cheap.