Is Bitcoin in trouble or under new regulate now that Trump is President

[spacelab]

I don't think there will be any problem with Bitcoin. But he is bringing new altcoins to the market and it can definitely get hyped in the future especially as long as he is in power. But one problem in the future with such coins is that any other government will actually have some influence that Bitcoin is unlikely to have. Which is why I don't think whoever comes to power can keep Bitcoin away from investors. He never gave any such message. Rather, I think his Trump-era Bitcoin will reach all-time highs. He will definitely do anything for Bitcoin that everyone will support. As he gave a positive view of Bitcoin during the election campaign itself.

Yes, In those days you also know that there was election in USA due to which Bitcoin and other markets along with it had to be taken down.  After that you know where the price of Bitcoin has reached new all time high cross $93,000. After that other major coins were also up taken up.  At the same time, Ethereum has also improved itself.  Trump made a decision and promised to fix it, that's what happening in crypto. If bitcoin is giving profit for many years, if 1 month will give loss then no issues at all it's up within time. In those days, only 3% go down, then the price was raised to 20% after trump Victory.

[FortuneFollower]

I don't think there will be any problem with Bitcoin. But he is bringing new altcoins to the market and it can definitely get hyped in the future especially as long as he is in power. But one problem in the future with such coins is that any other government will actually have some influence that Bitcoin is unlikely to have. Which is why I don't think whoever comes to power can keep Bitcoin away from investors. He never gave any such message. Rather, I think his Trump-era Bitcoin will reach all-time highs. He will definitely do anything for Bitcoin that everyone will support. As he gave a positive view of Bitcoin during the election campaign itself.

Yes, In those days you also know that there was election in USA due to which Bitcoin and other markets along with it had to be taken down.  After that you know where the price of Bitcoin has reached new all time high cross $93,000. After that other major coins were also up taken up.  At the same time, Ethereum has also improved itself.  Trump made a decision and promised to fix it, that's what happening in crypto. If bitcoin is giving profit for many years, if 1 month will give loss then no issues at all it's up within time. In those days, only 3% go down, then the price was raised to 20% after trump Victory.

It's either a fakeout pump of the price to $96-97k, then a correction to $85k, or a slow and steady middle price of 90-92k for the price to blow off afterward. That's how I see what will happen next, probably.

[Wexnident]

Is Bitcoin in trouble or under new regulate now that Trump will be President...I have heard that there is some new crypto that he and Elon
are trying to push. I must admit  that bitcoin value did rise once Trump won the election. Can anyone provide some clarification?

I mean, the market reacted really positive towards Trump winning, I'd say that speaks volumes about what most people think Trump would do for Bitcoin. At the very least, there's going to be a lot more involvement in the side of the US government with crypto and Bitcoin compared to the past. It remains to be seen whether said involvement is actually going to be positive or not, but well a lot of people are expecting it at least to be. I mean the man himself did say he was pro crypto for the most part. Whether it's just for show or not again, still yet to see.

[retreat]

Is Bitcoin in trouble or under new regulate now that Trump will be President...I have heard that there is some new crypto that he and Elon
are trying to push. I must admit  that bitcoin value did rise once Trump won the election. Can anyone provide some clarification?

I don't think Bitcoin will be threatened when Trump takes office. He promised from the beginning of the campaign that he would give the best to Bitcoin and there shouldn't be any serious problems. Even when they plan to release a new coin, I don't think it will be a threat to Bitcoin, unless they want to break their promise and issue regulations that block Bitcoin, which is very unlikely.

[EarnOnVictor]

Is Bitcoin in trouble or under new regulate now that Trump will be President...I have heard that there is some new crypto that he and Elon
are trying to push. I must admit  that bitcoin value did rise once Trump won the election. Can anyone provide some clarification?

Bitcoin can't be in trouble in the hands of Trump who is widely perceived as its messiah but regulation is not what he will do anything drastic about, he knows better to tread carefully not to hurt the crypto community and also his country.

As a whole, Trump will not do anything so important with crypto as widely believed and his cooperation with Elon Musk may not create a new crypto as you hinted. Though they are entitled to it, they will proceed carefully at this point.

On the other hand, Trump might make sure the US's CBDC is eventually birthed, that's the best I see in his administration. I hope it will not hurt the existing financial businesses in the US which is the concern of the present administration.