Trump tends to reach for the easy button to make people happy or make money. I am rethinking my stance if bitcoin at 145k as my target. Instead, I am revising to 400k-500k as a 2025 target. Specifically I am thinking bitcoin will hit upper bound of this chart.
https://websurfinmurf.blogspot.com/2024/11/bitcoins-end-game.html
Bitcoin may become an asset banks will allow loans taken against it as collateral. Whenever this does happen, that should indicate a top will be approaching. I suspect bank loans will be on the next wave, but it’s difficult to see how bitcoin as an asset changes under Trump.
I cancelled my bitcoin sell order at 145k. If bitcoin approaches the upper bound of the chart above, please consider selling if the money will make a positive impact to your life.
