Just a few days ago, Bitcoin was soaring to new heights, reaching a record high of $108,000 on Binance. But the market, as always, remained unpredictable: the price fell to $94,000. Is this just a temporary correction, or the beginning of a longer trend?
Donald Trump’s recent election victory and his return to the White House opens up new prospects for cryptocurrencies. His statements of support for Bitcoin and blockchain innovation have already sparked a revival among investors.
Trump and cryptocurrency: why does it matter?
Trump’s victory is not only a political event, but also a signal for the crypto community. His campaign promises indicate a clear shift in the regulatory approach to digital assets.
Trump's main promises:
Inclusion of Bitcoin in the US strategic reserves.
Refusal to implement central bank digital currencies (CBDCs).
SEC reform to ease the operating conditions of the crypto industry.
Creating a favorable environment for crypto investments.
We use $BTC to solve the problem of public debt.
Supporting blockchain innovation.
Protection of the right to mining.
Such promises sound like a dream for crypto enthusiasts, but their realization depends on many factors.
What will happen after January 20?
Donald Fredovich can start implementing his campaign promises. Let not everything and not at once, but then we will see a systematic growth and continuation of the positive. Trump can change the rhetoric or put the "crypto topic" on the back burner, then we will see serious corrections on unfulfilled hopes. That is why I would like to see a good pump even before the actual presidency begins.
No matter who says what, no matter who is elected president, Bitcoin and Ethereum still have a positive future. The only question is when it will happen.
What is happening in the market now?
Bitcoin’s decline may seem like a red flag, but the history of the cryptocurrency market shows that such corrections are part of the path to new heights. At the same time, the attention of big investors remains focused on key assets such as Bitcoin and Ether.
What is worth buying now?
For those looking for opportunities, the most obvious choice is Ether. Unlike Bitcoin, which is already reaching peak values, ETH has significant growth potential. Ether is the only crypto after Bitcoin that has an ETF launched and in which large capital can legally invest. Think about it too. Vitalik Buterin and his product seem to be completely satisfied with the US authorities, and this is expensive!
There was an attempt to launch an ETF on Solana, but it's still a long way off. However, I would definitely look at Solana ecosystem tokens, at least such as $JUP , $JTO , $PYTH , etc.
When to sell?
Every investor has their own strategies. If you entered the market at low levels, you can now lock in a profit. But for many, the goal is a 10x increase, especially for altcoins.
Why?
After the approval of the Bitcoin and Ether ETF, a lot of capital went into these assets. And retail investors, ordinary US taxpayers and pensioners. In some countries (we will not point fingers) it is customary to throw their investors and pensioners, but this is not the case in the USA. States are trying to protect their taxpayers and their assets. Yes, often this is done at the expense of other countries and their citizens, but these are details.
Should we start fighting Bitcoin now or create a negative environment around it? At the moment, this directly contradicts the interests of American capital. Will they do it? Think about it...
