#NewsAboutCrypto š„š„š„š„
aCould Bitcoin reach $100,000 following Trumpās election victory ā and is now the right time to invest?
Bitcoin surged to a record high of $76,420.0
as Donald Trumpās lead in the U.S. presidential race
pointed towards a win, peaking early Wednesday
before settling around $73,759.29 by midday.
Following Trump's confirmed victory,
which includes a pledge to reduce crypto regulations,
investor enthusiasm surged, leading to increased
values across cryptocurrencies and related stocks,
with Ethereum up 8% and Dogecoin up 18%.
Trumpās support for a decentralized approach
to cryptocurrency, alongside plans to remove
crypto regulator Gary Gensler,
is fueling optimism among crypto investors
for a favorable regulatory environment.
However Trump will face many road blocks
& to say another 4 year term will suffice
to knock them down.
It's safe to say that early high optimism
of Trump being elected & changes in the US government
is not the sole culprit for new ATH,
there's bigger elephant in the room
which I am surprise to say that we are failing
to acknowledge. Revolution & Renewed opposition.
Trump is not just another president of U.S,
he's hope for a change to traditional old corrupted
system & his radical yet common sense views
is the light at the end of the tunnel.
All around the world countries' citizens are rising up
to the old systematic structure & challenging it.
Are we heading towards a new revolution?
Let us know your thoughts in the comments.
Analysts like Simon Peters and Joel Kruger foresee $BTC
potentially reaching $100,000, driven by a āTrump tradeā
wave and anticipated Federal Reserve interest rate cuts,
positioning crypto for strong momentum as the year closes.
We have entered into the bull run phase after the 4th halving,
and therefore shall see $BTC rise hopefully.
However it's advised to consult your financial advisor
before making any investment.
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dr_mt