Unfortunately, to date, since the election of trump to president, bitcoin has not even touched the price of $ 1500. I think, it only gives effect to bitcoin has a price above $ 1000. Well, but I hope the bitcoin price soon gets to the $ 2000 price in such a short time.
I dont get the point, how could election of Trump make bitcoin price go up to the 1500 or even 2000 USD area? It doesnt make any sense for me.
In fact, many people have said ( not only in US ) that we have a small panic on the markets because of the new president, whos decisions are not predictable.
Every single time close to the US president elections the United States Dollar chart is printing strange formations, many weird things occur sometimes, because nobody knows what will be the outcome of elections, and what the next president is going to do first.
I would stay away from any correlation between Donald Trump and bitcoinAnd that would be a very short-sighted approach
How come? While Trump can hardly affect Bitcoin directly, though he is pretty unpredictable starting from outright banning Bitcoin and all the way up to openly endorsing it. That said, his economic policies will certainly affect the value of the US dollar, and here is where you can't neglect or discard the indirect impact that Donald's policies will have on the price of Bitcoin. In other words, if the dollar depreciates, Bitcoin will certainly appreciate. But the reverse is not necessarily true since Bitcoin would likely still appreciate together with rising dollar, though likely less quick and steep
