No doubt, the future looks bright for investors. The US accumulating 1 million Bitcoin as a reserve is already big news, but it doesnt stop there. With the US influencing other countries, we can all guess whats coming next. Thats why I think betting on Trumps administration, though he hasnt taken office yet, might be a smart move. Once hes in, and if he pushes for a bill supporting Bitcoin in every state, FOMO will hit hard.
Donald Trump will officially assume office on January 20, 2025, and considering the market is still bullish heading into early next year, its likely that the bullish run wont break. A pro-Bitcoin announcement from Trump could fuel even more hype and push prices higher.
Are you absolutely sure that Trump will push through such a bill? There is too much confidence in such an assumption. This old man has said a lot, but in reality he is not very successful in fulfilling his promises. Aren't you hoping too much?
It is possible that some states will go down this path with the Bitcoin reserve, but this is not certain. Still, we should wait for the inauguration of the gray-haired man. Only after that can we draw conclusions.
Isn't he the reason the market's bullish right now? This all started when he began winning the election. We're still living in a speculative world, so if you're asking if I'm 100% sure, the answer is no, but I'm definitely hoping he signs the bill. That would be a big win for Bitcoin, especially with its adoption gaining momentum.
There is a saying that goes that if he lost, then there would be a dump and then the bullish market anyways, and now it's vice versa - the correction - will - happen, albeit in the future, when BTC will break $100k+, in my opinion.
So, I do hope for a positive outcome of this situation too, but we need to wait to see the results.