With bitcoin off to the races and now coming in at over $84,000 people are speculating moon shots once again of a 1 million dollar bitcoin or somewhere around $500,000 per bitcoin.
Personally for myself I'm holding a more reserved price target of $114,000 this was a price target I called years ago for the next bull run. Now some things have changed since then in terms of a rather bullish presence for bitcoin and crypto with Trump now being elected. However I'm not 100% sure how much he's going to hold on to his word for it and when it might actully come into play.
So far we really haven't heard anything more about crypto from him. Instead it's been all about the boarder, immigration and restructuring the USA government. And well honestly I think the USA needs a major shake up. It's actully become one of the most corrupt places ever with crazy over spending and abusing it's citizens it's only gotten worse.
Now sure some people will say he's over stepping and so forth and while I agree with that I would also counter it with democrats over stepping for many years as well. However this overstepping is geared more towards previous years overstepping and should I hope make people less reliant on the government, the government taking less money and so forth. Because to be honest with you it's gotten WAY out of control.
People need to seriously stop looking to their government for everything and start taking care of themselves, their families and their communities. We have gotten so disconnected from that and so focused on working and for what. To never spend time with our kids, to work all our lives and seriously question if we can even afford to retire in our old age where we are so out of shape that you don't really want to go anywhere, travel etc. It's down right crazy we give up not some but ALL of our best years to a system that cares little about you.
I don't feel like trumps going to do too much in terms of crypto and bitcoin regulations at least not at first. We could go through most of 2025 where crypto isn't even really talked about until he restructured those in power to pass laws to be able to start making moves on that.
Until I hear some action plan and then actully see that action plan go into play (depending on what it is) my target price still remains at $114,000 for bitcoin and honestly we still have $30,000 more to go which is huge in itself.
Where would you put bitcoins bull run average at?
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