Let's be honest here, this will be sell the news event. There is no direct reason why the price of BTC should go up, as such it will go sideways, and becouse it will go sideways people will sell and dump it. People are also too tense and act as if the bull market should end any moment, so they are easy to be manipulated by whales.The "Trump is president" pump happened on the election day already.The only situation in which BTC would pump is if Trump makes some pro-Crypto executive order - but he won't do that. That's another reason it will dump - he promised around 100 executive orders on day1, but he won't fullfil any of them on that day.So yeah...Day 1 = dump = bear trap, the last shake out. The market will pump later.But that's my opinion.
>>59601267here's my wild guessliterally hours before hes inaugurated, they'll start pumping cryptothen we'll crab to march and see another pump, if we're lucky by Jan 2026 the bull run will be over
To big of a risk to sell the day before the speech IMO. That guy is truly a wildcard and can say anything at any moment. All it takes is 1 sentence from him for btc to shoot up to like 105k. That being said the reverse can also happen. If there is no mention of btc or crypto in his speech then we might head back to 90k and people will say stuff like "he only talked about us for votes" etc.
>>59601315>he only talked about us for votesanon, i'm pretty sure every crypto holder from around the world isn't enough people to turn one site in his favor...
>>59601267Ever heard of "sell the news"?
>>59601267>this will be a sell the news event Yeah that’s what people were saying about black rock ETF and look how that turned out.You’re missing the forest for the trees.What happens on his Inauguration Day is irrelevant.What matters is that there is an incoming president who’s vocally been pro crypto to the point he made it part of his campaign, and views stock market performance as a marker of success.Believing trump will initiate a bear market is so retarded you have to do Olympic level mental gymnastics to explain how.
>>59601342>>59601341learn to read, holy fuck>>59601315stop day trading, holy fuck
>>59601342It initially was a sell the news event, just like the Trump speech at the Bitcoin event was.ETFs may want to take profits sooner or later.
>>59601350>stop making moneyNo.
>>59601267>The only situation in which BTC would pump is if Trump makes some pro-Crypto executive order - but he won't do that. That's another reason it will dump - he promised around 100 executive orders on day1, but he won't fullfil any of them on that day.Biden signed 17 executive orders on his first day and 37 in his first week. Why do you think Trump would sign ZERO on his first day?
>>59601396...it's Donald Trump, he will do fucking nothing. We already had 4 years of this. He will play gold, eat mcdonalds and post on twitter.
>>59601350Tongue my anus
>>59601433I don't believe that. It's just signing pieces of paper. He has massive corporate backing this time, it's all been prepared already unlike his first term.
>>59601433>eat mcdonalds and post on twitterBullish for Chainlink.
>>59601267Strategic Bitcoin Reserve on Day 1. I'm holding.
>>59601267Bitcoin is driven by hype, it's kinda annoying but that's how the thing woks, and whenever Trump farted or said bitcoin is cool, the price literally went up. The federal reserve is dubious but if he has workaround with taxes and other stuff the price might go up, dangerous because you can't trust the guy he might rug pull you.
>>59601493lol, bitcoin dumped when he took stage at the bitcoin event
>>59601267I'm not sure what it will be desu. I think you can argue that a lot of uncertainty in the market right now is because people are afraid Dems will try to fuck over the economy before Trump gets in. If that is true Trump getting in won't cause a substantial sell off
>>59601350>learn to readI know how to read, I just refused to read anything beyond your subject.
