Bitcoin Forum

Abeg this thing don dey bother me to express in few days now since.
Una know or recall say our 9ja dey 6 position  (https://www.chainalysis.com/blog/2025-global-crypto-adoption-index/?) for global crypto adoptors in the current time of this 2025?

The bitcoin market bottom price dipped to $101,000 yesterday way be over 21% drawdown from the $126,000 Ath. Puting to considerations based on speculations say political and economy news get influence to manipulate bitcoin price, una no think say the news of Donald Trumps to invade our country to sanitize insecurities via the religious genocide, una no think am say onto say our country face show for global crypto adoption say this news follow for wetin dey drive this market decline?

As matter of fact, the matter don become global disturbance as China, Russia and other world class economy countries get interest for the matter, with our position for the crypto una no think say e dey contribute to the price declines? If na foreign country way this tin dey happen na so so all these oyibo people for forum go dey point had say na na Trump news over the country na em dey manipulate the market so.

Abi we dey downgrade our stance for the crypto industry? Abeg make we discuss.

Not the news about Trump telling the Nigerian government to address the What is happening to Christians in Nigeria no be wetin cause the down movement of Bitcoin, the news on its own is not something that can drive the Bitcoin market in any direction and it hasn't yet gotten that global interest that could cause anything yet.
Most times it is things that relates to economy, market, trade and so and that can either affect the Bitcoin market positively or negatively.

Bitcoin has been destined to hit that low, nothing more, and it even hit a lower level of below $99,000 on that day. That was crazy! But I do not see any link between this decline and Trump's threat on coming to Nigeria to rescue it from those who are using terrorism and banditry to terrorise the country.

Had it been you read the Bitcoin charts very well and are conversant with this time of its 4-year cycle, you would know that the sentiment of this time is weakening Bitcoin, and this aligns with the bearish pattern on its larger timeframes.

This has nothing to do with Bitcoin performance. October set the pace that we entering a bearish momentum.
To be sincere I doubt even if Trump declares war on Nigeria it would have any effect on Bitcoin.
Sometimes I feel we too accommodating and not prone to violence when it comes international
Which is good in a way.

I personally don't think these Trump/Nigeria situation have any impact on the Bitcoin's price movement. Bitcoin moves are based on global market factors, not one country's political news. What's affecting the market price is mainly from profit taking after the ATH ( All-Time High) and a lot of leveraged traders got wiped out. Nigeria's has strong adoption, yes, but it's still not large enough to swing the whole market. So in my view, this dip is just the market cycle, and not because of that news.

Talking about market fall, it's a general thing we have been seeing over time, this isn't the first time or neither would it be the last experience of it kind, last month we had it also and noe in this month we are on the same vein of sudden reaction over the market, which shows that it's not even about the ongoing threat to Nigeria by UD president, but the global economy isn't perfectly stable for now.

Bitcoin price no dey stable again since Trump just impose the task wey him impose on china, since that time na him bitcoin price no stable again. Trump don warn naija already, him talk say dem go invade us, Wetin I know be say Wetin dey happen currently na insecurity, and nothing like Christian genocide in dis country, Wetin dey na insecurity because people wey dey die no be only Christian’s alone, even Muslim’s are affected.

But I go talk say no be trump way wan invade naija cause  d dump, I feel say news like dis no fit dump bitcoin price, if na all dis big country’s now e fit happen, but no be wetin dump bitcoin price be that.