Everything looks possible during the hype and government attention is always there when there is profit to made. Although there are lots of possible things when government and politics are involved especially on the adoption and acceptance of the masses, there is always a catch in this. I will not fully celebrate that there are more and more countries getting interested in Bitcoin because whenever the government steps in, there is always this rules and regulation not saying the taxes they will implement from one's profit gain.
Yes Bitcoin might be up to 150k before the bull run ends, but I hope countries who got interested and decided to take advantage of the opportunities and technology Bitcoin brings will be fair enough to implement laws and regulations that is crypto-friendly.
Topic: What’s NEXT FOR BITCOIN (Read 28 times)
Everything is getting crazy! The $98,000 mark alone is wild, and now $100K is literally within touching distance. The Trump factor here is interesting too. If this administration is going full pro-crypto, with moves like appointing crypto-friendly officials and creating a national Bitcoin reserve, that's next-level bullish that will make people buy more bitcoin. Imagine other countries following suit and adding BTC to their reserves, this could really solidify Bitcoin as the global standard.
I’m still surprised that altcoins didn’t move much, though. Usually, you’d expect at least some of them to follow Bitcoin’s pump. Instead, BTC dominance is just climbing higher, it feels like we’re heading back to the 'Bitcoin is king' days. I’m holding too much ETH and SOL. Luckily, SOL is following in Bitcoin's footsteps, but ETH is taking a lot longer to catch up. Hopefully, I’ll see both of them on top soon.
I’m still surprised that altcoins didn’t move much, though. Usually, you’d expect at least some of them to follow Bitcoin’s pump. Instead, BTC dominance is just climbing higher, it feels like we’re heading back to the 'Bitcoin is king' days. I’m holding too much ETH and SOL. Luckily, SOL is following in Bitcoin's footsteps, but ETH is taking a lot longer to catch up. Hopefully, I’ll see both of them on top soon.
This is relatively just the beginning for bitcoin. I do not delude my self that I'll ever see bitcoin as a globally legal tender, but I know there's a lot in stor for bitcoin.
So many people expected bitcoin to just be something that will die down in a few year, but they've been proven wrong. The rest that expected bitcoin to keep crashing are surprised it's getting to 100k now With time more people are going to realise that bitcoin exactly what it says it is and they will start t embrace it.
Trump openly hated on bitcoin and crypto in 2019, but in 2024, he seems like the biggest fan of bitcoin.
Even if it is politically motivated, the fact that bitcoin is big enough to make politicians feel that can use it to sway votes is a win. All that's needed is just and bitcoin will keep getting bigger.
nex - 200k in 2025 year.
Since the emergence of Trump as president elect bitcoin price has risen by more than 30%.
As the day goes by, it keeps showing strength.
According to fundstrat’s Tom Lee who says he sees bitcoin hitting $100k before the end of the year and $150K soon after. He said this few weeks ago.
Last night, Bitcoin reached a new all-time high above $97,800, in the last 24 hours, positions of overzealous traders who went short have been liquidated.
Now $100,000 is just around the corner.
Most altcoins did not react to the rise of the leading cryptocurrency, and as a result, BTC dominance increased to 60.6%.
He also says “bitcoin is becoming more and more a hallmark of this next administration and can help solve some of the deficit concerns”
We can all see that this Trump administration will favour us as crypto enthusiasts and the projection of bitcoin hitting 200K next year is feasible.
- With the Appointment of pro-crypto officials as SEC Chair and U.S. Treasury Secretary under a new Trump administration.
- Establishment of a national strategic Bitcoin reserve in the U.S.
- Relaxation of industry regulations;
- Fulfillment of several of Trump’s campaign promises related to mining, stablecoins, and more.
These are key factors that will drive the price more bullish in the coming year.
With the establishment of the National Strategic reserve in the US, soon other countries will start adding bitcoin to their strategic Reserves.
We might even see more countries adopting Bitcoin as legal tender in the near future.
China has already started changing its mind about bitcoin, as it has lifted its ban and acknowledged bitcoin as a legal digital currency.
There’s still MORE that will happen with and around Bitcoin.
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