So Donald Trump won the election to be president of the United States for the next 4 years. After that the stock market boomed and along with the US stock market, bitcoin has boomed as well sending it to new all time highs.
The the BTC bulls are excited and people are excited to see Donald Trump become the President for a second term especially with Donald trump seeming to be a more Bitcoin and Crypto friendly president than he was in his last term.
I remember watching him speak at the bitcoin conference a few months ago with my corny chat people, and Trump said all the things that a Bitcoiner would like to hear. It was flawless political pandering to a group that had been overlooked up until this election.
He said a lot of things that were music to bitcoiners and altcoiners ears including that he would fire Gary Gensler day one! 🙏🏾
It all sounded good but we’ll see how high crypto related politics are on the list of things to do for the Whites House when Trump gets in office.
But just the news of Trump going into office was enough for the pump. Trump easily got the vote of a lot of single issue voters at the bitcoin conference and it now he’s got the speculators buying again too.
Its gonna be interesting to see what this next phase of the this bullrun will be like though…
Hopefully some of the alts will get some love in the markets as well. Having a crypto frindly president could help a lot of projects get more adoption in the US.
But regardless of how the alts do, Trump showing up at a bitcoin conference, adressing bitcoiners, then winning a presidential election is definitely bullish for bitcoin long term.
BTC is political now and were gonna start seeing a lot more political figures from the US and everywhere coming to bitcoin conferences to pander for HODLers votes.
Hopefully the world finds a path toward peace and the world economy holds up over the next 4 years so we can see some mega candles in the next leg of this cycle and over time as Bitcoin becomes more main stream…
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