Answers to:

Question 1. That's not how the Crypto-currency market work. The submit hasn't yet yielded any effect on the market just yet. There are chances that I may have effect or it may not.

Question 2. I am not the one that appreciate the fact that actions of political leaders will determine the price movement of Bitcoin, looking at the bigger picture if this continues then Bitcoin market will be easily manipulated and this will be very bad, be careful what you wish all for quick pumps.

Question 3. I stand to be corrected but I don't think Trump has done anything concerning taxes on Bitcoin, but I am aware that he is standing strong that US won't be selling any Bitcoin.

1. It's quite common in the market, people sold the news after buying the rumor

2. Still bullish (keeping blatant manipulation constant)

3.No he hasn't, I doubt he would anytime soon. If he had, we could have seen a massive sell off from OG's that had been holding for years.

What trump signed up would boost the price of bitcoin and altcoins in long term. The reason why bitcoin price is volatile and dropping is not due to it being accepted as strategic reserve but due to the economic uncertainty that lies ahead. Which also is directly related to Trump who has started a tariff war which would make many countries suffer economically. I see this price drop as chance to accumulate bitcoin below 100K. Whether the market trusts trump or not is a short term problem, in long run, what he had done would have significance even after end of his presidency.

Crypto enthusiasts expected Donald Trump to announce that the US government would buy bitcoins on the free market. This would certainly lead to a sharp increase in the price of the first cryptocurrency. However, this did not happen.

Donald Trump decided that the bitcoin reserve would be formed mainly from confiscated coins. By the way, this could potentially lead to more such confiscations, and tighter control over the circulation of coins. Crypto enthusiasts are unlikely to like this.

In my opinion, the price will not increase in the near future. At the same time, I do not expect a global fall in price either. In my opinion, institutional investors are currently actively buying bitcoins, simultaneously holding down the price of the first cryptocurrency with the help of derivatives (the so-called "paper bitcoins").

They have recently created the appropriate infrastructure that is capable of performing this task.

The bitcoin market does not work like that all the time, sometimes it takes longer time to see the effect of a news on the market. Bitcoin spot ETF also took time before we saw the effect in the market and changed the pattern on which the halving and ATH do take place in the market from the way it was in the past. Some changes take effect immediately while some takes time.


Heading to the moon as anticipated. We cannot give the actual price it will go to from here but definitely political influence will be felt by the market even though it will just be for sometime. Regardless, Bitcoin is still going to achieve its course at the right time.


Since saying that, I don’t know if that has been effected already. People from that region will know better and acquired to it been actualised already or not.

1. Because it's anticlimactic. I'd say most folks were expecting USA to buy BTC, even better to DCA however, it turns out they're just gonna hold what they already have.

2. There's still lots of fear IMO. Price could end up going down more but I'm hoping it'll stabilize at 80's mark at least.

3. No that didn't happen. I'm not sure where the rumor originated but I wouldn't be surprised if it's fabricated by influencers with huge following lol. A lot tend to start misleading stuff lol.

The crypto market can always be manipulated that when investors are expecting much in a people of time based on speculations and using the media updates to analyze the future market price, they are mostly getting it the other way round because it can not be predicted.
So this is just what happened in the market action after Trump's proposed summit.