I don't know if we fully realize what good times have come for
BTC. 4-5 years ago we dreamed of ETFs and that one day the US would consider Bitcoin as similar to gold. ETFs have been a reality for a long time now, and the huge influence in this market is evident. I generally do not approve of Trump as a person and because of his policy towards Ukraine. But it is a fact that this is the first president to speak out in favor of Bitcoin and promising to make it a national reserve asset. This is already happening in the state of Pennsylvania. Coincidentally or not, it was precisely the state that decided the battle in his favor. I think it's safe to say that Trump won thanks to the votes of bitcoin holders as well. What's next - first for it to actually happen in the US. If the bill to buy 1 million bitcoins is approved, it will have a "huuuge" (
) impact on the market. Soon after, Europe and China will follow suit. I am absolutely convinced that Germany will one day buy the same bitcoins that it sold at many times higher price. All this makes me happy and proud that hodlers like us, the WO gang, have always been visionaries and envisioned things long before they happened. And this is rewarded with the profit we have.
Trump is completely unpredictable in this case because he was the president of the US from 2016 to 2020 and at that time he said that Bitcoin was a scam - and towards the end of his term he passed some very unfavorable laws for Bitcoin which were then mostly revoked by the Biden administration, and it should also be taken into account that futures and spot ETFs were approved precisely during the mandate of the Biden administration.
Trump doesn't have to
"thank" anyone except those with big wallets who financed his campaign, and ordinary people served the purpose of voting anyway, and for the last time as Trump promised them.
Even if the US starts buying BTC for its reserves, I don't believe that the EU would follow that example, let alone China. The ECB with Lagarde at the head has an extremely negative attitude towards Bitcoin and cryptocurrencies in general, while China with its communist ideology does not want anything it cannot control, and even less something in which the US will have a large share.
As for Germany, it was not the German government that seized or sold BTC, it was a German province where the seizure took place, and they only followed the law in liquidating the seized funds. In addition, I think that the member states of the Eurozone cannot make any investments of this type without the ECB - a few years ago, the question of selling part of Italy's gold arose, considering that at that time they were the third country in the world in terms of gold reserves. As far as I remember, the ECB commented that selling gold to refinance debts is not an option.
Every number from 41k to 93k = Joe Biden
Trump and Musk could be setting up the big short.
Then when all is dumping btc down to 35k and D the shitmcoin down to 2 cents come back and sweep in tons of discount coins.
I am not particularly pro or anti Trump. But he cut all crypto hard and stocks too with his like kind trade rules put in on Jan 1 2018.
I do think we will survive the insanity of the next four years.
I guess I will need to learn more German and Russian to get along.
back on point how high does btc need to go to-in the next 60 days
But for today my L7 burning 3000 watts earns more btc than my four t21s burning 12000 watts.
I watched this game a long time. That 3000 watts earns as much as 12000 watts will shift.
There are a few ways for it to shift. one of the shifts possible is BTC runs up to 180k in the next 60 days.
I honestly think that a run up to 150k before they swear in Trump is the most likely way that earning disparity changes.
oh to duderino 95k by sunday night.