I mean, just look at what happened, when he announced the tariff, Bitcoin dumped hard because people speculated that it would cause inflation, limiting investment capacity. We saw a major sell-off for days. Then, last night, Trump suddenly posted about crypto becoming part of the U.S. national reserve, and Bitcoin instantly bounced back like nothing happened.
I have talked about this before and am sure the crypto market is becoming manipulative where speach made by US president Trump us shaking the market. Well it's not a new thing any longer. Because From the previous years there where forces that push Bitcoin so high till this current price, and same thing has happen in Trump tenure, which made Bitcoin reach this level but it just baffles me that we are stucked to this Trump price. Except there is another thing that will motivate people to increase adoption.
If this trend continues, it seems like the market is reacting directly to whatever Trump says which could mean his influence is stronger than we thought when it comes to crypto.
I think that's just what is happening right now
What do you guys think? Is my observation valid, or am I just overthinking it?
You are right and not overthinking.