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Author Topic: A new Bitcoin Bull Run is going to begin!  (Read 568 times)
john_egbert
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December 06, 2024, 07:53:26 AM
 #21

If there is anyone that will be forever remember in the crypto space is nobody but Donald Trump
What?

Satoshi, as a Bitcoin inventor? nope.
Hal Finney, as a Bitcoin developer, the first person who received Bitcoin by Satoshi, the first person who run Bitcoin node? nope.
Laszlo Hanyecz, the first person who use Bitcoin to purchase something? nope.

While Donald Trump, not a Bitcoin developer, was once not a Bitcoin supporter and say Bitcoin isn't a money, but now claiming to support Bitcoin because he want to get votes from Bitcoin enthusiast.

Agreed.
Trump is a politician. And a businessman.
He is not an enthusiast at least to be called in the history of crypto.

pakhitheboss (OP)
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December 06, 2024, 10:21:10 AM
 #22

While Donald Trump, not a Bitcoin developer, was once not a Bitcoin supporter and say Bitcoin isn't a money, but now claiming to support Bitcoin because he want to get votes from Bitcoin enthusiast.

While I agree with your point that Trump's support for Bitcoin is only to make money from it. I do not think you understand that Trump was never after Bitcoin for votes as his campaign was largely funded by the Church and a few entrepreneurs who are inclined towards Bitcoin. What we are seeing now is how a capitalist democracy like the US is now shifting its focus to Bitcoin other than oil. This means Bitcoin price will go up and up in his tenure and there will be regulation coming into implementation as soon as he takes office.

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bettercrypto
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December 06, 2024, 10:24:55 AM
 #23

The new President of the USA recently posted the following statement on his own social media account known as Truth Social.



It seems he is very much invested in Bitcoin, and this could trigger another bull run. News of him winning the election has already triggered a surge in Bitcoin's price. As a Bitcoin holder, I believe that a new rally is coming, and I anticipate that the price of Bitcoin will surpass $150,000 before the end of 2024.

We've already seen how Bitcoin reached several new all-time highs as soon as the news broke out of the new President of the United States. The counting of votes is still going on in several states but the majority that he got suggests he is the new President of the USA. I am considering Trump as the new President of the US, who has the power to promote Bitcoin and make it a new option to USD.

Do you think in the same way as me?


Nope, I don't think the same way like you do op. Although, I believe that bitcoin will reach the price value of $150,000 but not this month before the end of 2024.
The size of the retracement that I see this month, and it just tried to reach the price of $100k, is obvious, and after reaching $100k, the speed at which the market retracement occurred in its price was also evident.

And now it is in a range, moving between support and resistance, so if it exceeds resistance, there will be an uptrend and if support is broken or broken, there will be a downtrend.

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fikrett
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December 06, 2024, 10:27:52 AM
 #24

While Donald Trump, not a Bitcoin developer, was once not a Bitcoin supporter and say Bitcoin isn't a money, but now claiming to support Bitcoin because he want to get votes from Bitcoin enthusiast.

While I agree with your point that Trump's support for Bitcoin is only to make money from it. I do not think you understand that Trump was never after Bitcoin for votes as his campaign was largely funded by the Church and a few entrepreneurs who are inclined towards Bitcoin. What we are seeing now is how a capitalist democracy like the US is now shifting its focus to Bitcoin other than oil. This means Bitcoin price will go up and up in his tenure and there will be regulation coming into implementation as soon as he takes office.

Digital gold takes the place of the real one.
I do see it, but I don't believe in it yet, because honeying word is the bread and butter of any politician.
Let's see the term of Donald and judge afterward.

john_egbert
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December 06, 2024, 10:31:10 AM
 #25

The new President of the USA recently posted the following statement on his own social media account known as Truth Social.



It seems he is very much invested in Bitcoin, and this could trigger another bull run. News of him winning the election has already triggered a surge in Bitcoin's price. As a Bitcoin holder, I believe that a new rally is coming, and I anticipate that the price of Bitcoin will surpass $150,000 before the end of 2024.

We've already seen how Bitcoin reached several new all-time highs as soon as the news broke out of the new President of the United States. The counting of votes is still going on in several states but the majority that he got suggests he is the new President of the USA. I am considering Trump as the new President of the US, who has the power to promote Bitcoin and make it a new option to USD.

Do you think in the same way as me?


Nope, I don't think the same way like you do op. Although, I believe that bitcoin will reach the price value of $150,000 but not this month before the end of 2024.
The size of the retracement that I see this month, and it just tried to reach the price of $100k, is obvious, and after reaching $100k, the speed at which the market retracement occurred in its price was also evident.

And now it is in a range, moving between support and resistance, so if it exceeds resistance, there will be an uptrend and if support is broken or broken, there will be a downtrend.

I don't see the reasons for it to break out to 120k-150k yet, but it will happen.
The BTC DOM is still strong and steady, and we are yet to see the bullrun at its fullest potential.
But probably in 2025. The sentiment is strong, but maybe the barrier in the heads of the people and the market will be too strong to breach it till the end of 2024.

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December 06, 2024, 12:03:15 PM
 #26

While I agree with your point that Trump's support for Bitcoin is only to make money from it. I do not think you understand that Trump was never after Bitcoin for votes as his campaign was largely funded by the Church and a few entrepreneurs who are inclined towards Bitcoin.
Sometimes I really don't like to argue in discussions concerning the view of politicians towards bitcoin that's because even if they have enthusiastic or profit minded intentions , time will actually tell. Anyways judging based on the hype on social media platforms like twitter, Trump seemed to have had bitcoin in mind even before the election. Also based on this, and also on how rapid and strong the pump and momentum has been, it's easy to say he's a supporter.

Some people till now still have the opinion that bitcoin will still create another ATH before the year runs out and there is actually still a chance that it might happen. Everyone has profit in mind but it's not nice if it's you sole purpose as a big firm without recognising the effects of your actions on the network.

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hero_the_bossman
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December 06, 2024, 12:45:36 PM
 #27

While I agree with your point that Trump's support for Bitcoin is only to make money from it. I do not think you understand that Trump was never after Bitcoin for votes as his campaign was largely funded by the Church and a few entrepreneurs who are inclined towards Bitcoin.
Sometimes I really don't like to argue in discussions concerning the view of politicians towards bitcoin that's because even if they have enthusiastic or profit minded intentions , time will actually tell. Anyways judging based on the hype on social media platforms like twitter, Trump seemed to have had bitcoin in mind even before the election. Also based on this, and also on how rapid and strong the pump and momentum has been, it's easy to say he's a supporter.

Some people till now still have the opinion that bitcoin will still create another ATH before the year runs out and there is actually still a chance that it might happen. Everyone has profit in mind but it's not nice if it's you sole purpose as a big firm without recognising the effects of your actions on the network.

We can see what Trump does with something in the space as with WLF, and it was no good as far as I know.
So, Trump is no messiah. He is just a figure on the chessboard.
And big firms will not be that too - they will squeeze the profit when the time comes, just like with the dip today.
Marvelockg
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December 06, 2024, 01:11:09 PM
 #28

The bull run is already here, and I don't anticipate or expect much from what we all are expecting from Bitcoin after his winnings. $150k is a price we can reach in due time; it's just a matter of time before we can get there.
 
The push up yesterday to this morning was unpredictable for me, and it even moved to the level of $104k before I could even realise that we had touched $100k. If the pump continues with this speed, we might reach $110k even before we get to the 3rd week of this month.

As you've seen - there would be dips that would halt that new ATH that we anticipate, but I think it will be to no avail, we will still get there eventually.
it's never been a linear movement right from time and even if it will get to $120k before the end of the year, we will continue to see some level of correction along the way which are all pointers to how volatile bitcoin is. a lot of people were surprised by the push and definitely didn't know how best to react. the most exciting thing about what is happening is that the bull is not a manipulated one and looks like the start of a long bullish journey.

for those that have been holding for previous bull up to this moment and for the others that are very much enthusiastic on bitcoin that are not willing to sell even if we get to $120k at the end of the year, the ride still continues, and the pumps and correction will continue being a part of the journey until the goal is attained.

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December 06, 2024, 02:49:01 PM
 #29

I have once predicted $170000 which is still very possible. But I later think bitcoin may not get more than $149000. I still think bitcoin will be between $149000 and $170000 before the next bear market will begin.

Same thought here since I am thinking/speculating of $155k possible Bitcoin ATH this bull run which is in between of your predicted Bitcoin ATH range.  The number is thought due to the degenerating ratio of the previous ATH from 2013, 2017 and 2021. Although this cycle might be special due to the involvement of certain government as they openly accept Bitcoin and even thinking having Bitcoin reserves.

Only time can tell us if their support at the current stage is genuine or part of their plan to get rich. Wink
Their support at this current stage is genuine even if some of their plans like bitcoin as strategic reserve fails if many Americans opposed it.

The support might be genuine but I believe we still have to see the promise and plans realized to end our doubt about it.

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December 06, 2024, 08:23:06 PM
 #30

When Donald Trump was president in 2020-2021, the Bitcoin gained value and that was a bull run, now he's president once again, and bull run is going well and Bitcoin crossed $100k mark. He's truly auspicious type of person for Bitcoin. Hope in this bull run Bitcoin reaches very high values.

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December 06, 2024, 08:37:34 PM
 #31

This is courageous because I have not seen any president of the federation that congratulated massive increase of bitcoin except Donald Trump, so I believe that with Donald Trump interest on bitcoin it will make many people from other countries that have no interest on bitcoin to have interest, so I believe that we have to understand that bitcoin is the most currency that people dislike during the time it was introduced, so it's obvious that bitcoin investment is good one but intercontinental doesn't want embrace Bitcoin as a legal tender in her countries, but with help of Donald trump before his tenure will be elapsed many nations will embrace Bitcoin, so I think that it's what Donald trump help and do.

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.Duelbits PREDICT..
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.WHERE EVERYTHING IS A MARKET..
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Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
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