We've been through this before, so I will make it brief. Bitcoin is controlled by the market, namely buyers and sellers. And the greed and fear that drives the market will never go away IMO. As such, bull market will be followed by bear market, and back and forth, ad nauseam. Lastly, my job as a trader is not to impose my own thinking and belief on the market. It ain't like it will listen to me anyway, right? So why fight it?
LOL sleep well tonight Bitcoin lover Larry Fink is Donald Trump’s pick for US Treasury Secretary (msn.com)
Generational Bitcoin short is coming, pay attention. There is not going to be a bitcoin reserve, don't be silly. The current administration is letting this scam infested industry thrive. The first thing Trump will do when he comes in office is clean up the house. Say goodbye to Tether, Bitfinex and endless pumping that came with it.
I dont think we'd put it past him to load his bags and those of everyone he knows and then 'regulate' accordingly. Same as when he goes to North Korea to broker a peace deal,most of the time will be spent negotiating mutually appealing resort developments along the coast. Not a political commentary,I just dont think you can take the wheeler and dealer out of the man or the family.
There's more:- With Trump Still Speaking, the Bitcoin Conference Bolsters Security Efforts (coinage.media) Clean house. More like drain the ..... piggy bank. lol
it baffles me how this ponzi scheme is still on-going. Biden situation was absurd, Bitcoin is just as absurd if not more (but in it's own way). In the end common sense will prevail. Until then, Tether can still print fake dollars and pump the price some more.
Frankly, you've been baffling a lot of us for a long time. Be that as it may, just accept the fact that BTC will be heading higher for a while.