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.

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!

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.

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. 

I don't think the court have agreed to discharge the case and they are doing it deliberately maybe to want to hurt trump but that dude is a strong man and I don't think they will be able to do anything to trump than to just allow him, and his already the president and they can not change anything about that so they have to leave with it and am sure even mister president those not care and is personality alone is somthing that will intrest you because is so full of initiative.

And I don't also think that is what affected bitcoin price because, bitcoin price have been very unstable this period and that is its nature we can not do anything about it, and those that are long time investors are suppose to understand and you will know that it is nothing to worry about and with the way the price is down you can actually buy and hold.

Every thing that happens in crypto, and we all have to understand that every single thing should not be underestimated so we have to keep out ears to the ground and you will know when to buy like periods like this and when it goes up a little higher you can make profit.

Is it really good to Bitcoin? Because there might be some bad implication especially that lots of people is looking for some updates about Trump's action towards Bitcoin and if people would see this news then it might effect the possible hype brought up by his inauguration day.

Currently we see Bitcoin dumping back but hopefully this is temporary occurrence then we see Bitcoin to reach back at $100k again this month.


Maybe nothing big will happen, but people speculating about something huge to happen especially if Trump will make Bitcoin reserve to happen in his first 100 days https://thecryptobasic.com/2025/01/09/crypto-leaders-lobby-donald-trump-to-approve-us-bitcoin-reserve-in-first-100-days-reuters-report/

Many crypto leaders and enthusiast are waiting for certain policy to happen and fulfill his promise. But if Trump fail to do some good implementation on that matters then expect that Bitcoin price would fall.

If you are lucky enough to buy at the bottom, that is surely going to be a worthwhile profit in the long run, but it is surely difficult to predict it, In my opinion, we are going to a slow movement in the market, we might not drop anymore to lower than 90k$ in the coming months, the thing is it might reach the top like 150k$ then drop to something like 80k$ that just means that its already bear season which is something that you dont want to happen since it would take a long time again to recover the price, I mean if you are aiming for long term I guess it doesnt matter.

I guess it is better just to DCA all the way, and diversify on other altcoins if possible, At least have some liquidity so that if a huge drop happened you could easily put some of your money on it easily, also in case it doesnt happens you also bought some using DCA, minimize your risk and could easily manage your entry point and exit point in case you want to take profit or buy.