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Topic: Trump Unconditional discharge in Hush Money Case- Good For Bitcoin (Read 51 times)

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Well, there was a fear in the market about the Hush money case but now he has been given Unconditional discharge in this case and due to this we see a market pumping right when this news was on air. The bitcoin market is fundamentally driven and any good or bad news has a serious impact on the market. With this news, i think we are back on track to a full-fledged bull season  Smiley
For sure market is gradually taking its feet back, but I don't think is only reason why bitcoin price have pulled back for some days now. We say there are other determinant factor or actions that reacts negatively to the market, though we can say it's only unavoidably in the market when news are flying from various sections and of course we would see dip which people could see that moment as an accumulation period so. Because mostly, those who didn't acquired enough volume of it wouldn't mind topping their portfolios, and those who trade on the market can actually stir up the uncalled correction in the market.
sr. member
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It's unfortunate that we are stuck in political statements or events so much on bitcoin this days, absolutely every big political action now has an effect on bitcoin and it seems to me that we're probably becoming more controlled with in this situation. Bitcoin independently making it's moves is now becoming hard except for news and trump activities..... so sad IMHO.
We are not just talking about any top politician from any small country; we are talking about the president-elect of a country with the largest economy and so much power. We are talking about someone who has promised the Bitcoin community a crypto-friendly governance.
 
I'm not fully in support of Trump, but in times like this I don't expect less. Take it or leave it; any news in respect of crypto that comes from the USA has more effect on the price of Bitcoin, both negatively and positively, more than any other factor you might think of. 
hero member
Activity: 1666
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It's unfortunate that we are stuck in political statements or events so much on bitcoin this days, absolutely every big political action now has an effect on bitcoin and it seems to me that we're probably becoming more controlled with in this situation. Bitcoin independently making it's moves is now becoming hard except for news and trump activities..... so sad IMHO.

Well basically I wasn't expecting anything against trump because he's so smart and wouldn't let himself get into anything that will push him away from his incoming position.

......✂️
This is English board man!
We haven't seen the last of it yet. There are lots of people who are waiting for January 20th I believe this is when Donald Trump would be sworn in as the president of United States of America. I would not completely say that politics has a very strong hold on crypto-currency, this wasn't the case with the outgoing government.
Donald Trump has already come out open about his interest in Bitcoin this has already ignited the spark and as he assumes office we should expect more changes.
sr. member
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......✂️
This is English board man!

Opps, thanks didn't notice that, Ill edit my post.


Not really using anything, I just mix up the local board with this one, so I thought I was posting on the local board, anyway edited it.
sr. member
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iF you using a Translator, it's not working well.
Only English allowed in this board.
Would be better if you edit so it won't get deleted.


Okay to OP, Pump associated with news like this tend not to last long.
That doesn't mean I'm suggesting that there's more dumps
But this news wouldn't help with pump that can span a week or so.
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It's unfortunate that we are stuck in political statements or events so much on bitcoin this days, absolutely every big political action now has an effect on bitcoin and it seems to me that we're probably becoming more controlled with in this situation. Bitcoin independently making it's moves is now becoming hard except for news and trump activities..... so sad IMHO.

Well basically I wasn't expecting anything against trump because he's so smart and wouldn't let himself get into anything that will push him away from his incoming position.

......✂️
This is English board man!
sr. member
Activity: 1876
Merit: 437
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Got what he deserved I guess, there was not really any huge movement on the market price of Bitcoin, because of the trump news, but I guess its still a good thing having good news since it can easily pump the market even though we are already on a rollercoaster but around 90k was still very high, lower than 90k for sure I'm going to buy Bitcoin, I mean that is just a huge discount in the market and that opportunity might not happened anymore.

Notice a lot of countries that are interested in using Bitcoin as their countries reserve this might be a huge catalyst in the coming months that could trigger Bitcoin bullrun, I mean were already in Bull run but it might be the top of the Bullrun if this country started actually to buy.

Fidelity predicts countries and central banks that once avoided Bitcoin will start buying it in 2025
More Countries to Establish Bitcoin Reserves in 2025, Fidelity Says
Bitcoin Reserve Proposals Hit Global Crescendo: Countries Exploring Strategic BTC Reserves
Nations States Turn To Bitcoin As A Strategic Reserve Asset

I would say that the market is in good condition and just waiting for it to skyrocket, looking back at the history, this was all going to a huge Bullrun!



hero member
Activity: 1386
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Well, there was a fear in the market about the Hush money case but now he has been given Unconditional discharge in this case and due to this we see a market pumping right when this news was on air. The bitcoin market is fundamentally driven and any good or bad news has a serious impact on the market. With this news, i think we are back on track to a full-fledged bull season  Smiley

 


You're right, the market is responding very well to the outcome of Trump's bogus witch hunt case. Trump is a victim here of political persecution and shouldn't be labeled a felon. The judge even wished him luck in his second term. Great way to start his term with another W. I think its pretty wild that while all this stuff is happening the Democratic state of California is literally on fire & dems are selling all the silk road bitcoin & sending unfathomable amounts of cash to Ukraine before the well runs dry. Crazy stuff happening in the world rn, man.
hero member
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Well, there was a fear in the market about the Hush money case but now he has been given Unconditional discharge in this case and due to this we see a market pumping right when this news was on air. The bitcoin market is fundamentally driven and any good or bad news has a serious impact on the market. With this news, i think we are back on track to a full-fledged bull season  Smiley

 
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