Trump’s ‘Made in USA’ Bitcoin Is Promise Impossible to Keep https://finance.yahoo.com/news/trump-made-usa-bitcoin-promise-130000333.html .......... “It is a Trump-like comment but it is definitely not in reality,” said Ethan Vera, chief operating officer at Seattle-based Luxor Technology, which provides software and services to miners. .......... + + + Oh yeaaaaaaaaaaaa More like Reality-TV.
We will see. All I know is that him and his son are heavily invested in Bitcoin... We'll just leave it at that...
75k before 200k? We would still be in an uptrend...bitcoin has never been in a downtrend or "broken structure" lol.
No We held through the bear market lows of $14k, bitcoin is above $95k, lots of profits and even the new bitcoiners who purchased below $40k at the beginning of the year are doing very well Going by what happened in previous bitcoin bull markets, the peak will be next year, Nov or Dec, that's the time to sell I think bitcoin will be over $500k next Nov-Dec 2025 Some are good traders and will try to sell rallies and buy the dips but there's tax and other friction costs, it's better for most to just hodl
For once I agree with you regarding hodling...which is why I switched to etf's because its just easier to get in and out. However, I don't think you see 500k until after sub 50k. That is if, as you are saying, going by what has happened in previous bull runs. You keep omitting the downturn this round 400--->20k--->3k--->70k--->14k--->200k--->50k---> (you can do the math...this is factoring in diminishing returns each cycle) You can also look at 14k being 250% of 3k, so 14k + 250% =50k
There's a tax law for crypto gains right now, if you make under 47K then you don't have to pay capital gains taxes for 2024.
There is not going to be $200k, atleast not in the near future. Bitcoin is a scheme propped up by the leftist crime syndicate; blackrocks, soros,... They are trying to pitch this garbage as "digital gold" and ELon musk is like "haha doge to the moon" They lost the elections. It's over. Trump will take down the Tether $140B ponzi and you can say bye bye to endless bitcoin FOMO pumps by Tether fraud bucks.