It is like it's about to explode. Signals are showing signs of a soon kaboom!!!. Maybe we've stepped on another landmine. Have you seen a timebomb before? Trust me, I would want to see one. Activated or not it feels like a no go area. I have only seen them on movies and when the tempo gets higher and higher, the hero finally delivers the deadly blow, off he goes and then followed the 'Kaboom!!!'. Ahh!, this is me just remembering my favorite heros from when I was a kid. I could remember those cross finger scenarios that made the movie scene very tense. Have you ever spoken to your hero on TV? Of course he can't hear you, it's an already acted movie, who cares? I will be shouting out, there is a danger ahead, don't drink that, don't touch that. Hahaha, silly me, it was fun those days anyway.
How did I get here? Oh! the bomb, I was actually going to focus on the financial markets. I hope I haven't wasted much of your financial time (it's freestyle writing you know?). That said, we saw a glimpse of what is going to unravel soon. I talked yesterday about how Donald Trump's victory yesterday will affect the financial market. The one that is most interesting to me is the cryptoverse. Bitcoin is heading to new all time highs and this signals a big opportunity. A friend of mine gave me a call this morning about how bitcoin has increased after the US election. I was surprised he could correlate. What I mean is that he is not that much interested in crypto investment yet he could observe that move.
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It means there is a global shakings, perhaps he might have seen it on social media or news headlines from the local radio station. Information about cryptocurrency is spreading faster within two days of Trump's victory. Will the crypto market actually explode? He was looking for some financial advice too (maybe he doesn't know I am not even done advising myself). As funny as it sounds I have chosen not to draw anyone into cryptoverse just for green candles, anything is possible. I don't want to make new enemies or have a bad financial reputation, just showing up during green candles for advice is tactical for me. He asked if it was the right time to buy bitcoin. At 75K plus? Of course that price is out of his reach unless he wants to settle for fractions. I told him to eye the altcoins industry (I know he is here for quick gains) so I shouldn't even consider long term.
Nevertheless, there seems to be a pending market pump that will influence the entire cryptoverse courtesy of Trump's victory. money always enters from bitcoin and later spreads to the altcoin industry. Anyway, it is also something to question when seeing how bitcoin entirely dominates the crypto markets with no utility attached to it except as a medium of payments. We saw Microstrategy looking for means to acquire even more bitcoin. What happens when Trump finally incorporates bitcoin into the US government? We will sure be seeing a big unraveling by next year. The market is already getting back to life. The entire market is sitting at $2.48 trillion according to coinmarketcap.
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Can Trump Presidency influence a move to double digits in the coming years? Many are expectating 2025 to be a bull run year. There are a lot of things in place which seems will prove this true; bitcoin concluded halving which always takes effects the preceding year is one of those. Adding to that, institutional investors have stepped in, the likes of Blackrock and Wall Street in entirety shows industry movers are here.
Although it has been something that has been debated to possibly shift the attention of crypto (bitcoin to be precise) from its decentralized nature. Here comes the new US President promising much for crypto, this is a right timing, of course we will be siding with the altcoins, Wall street may not spare bitcoin for the ordinaries, hahaha.
To conclude, let me add, we are seeing another phase of a market bull. Inasmuch and there is nothing wrong in uptrend crypto candles, there is a need to view this opportunity beyond just market price. I will always say, there is much to blockchain and crptoverse only if we could tune this industry into the right marketing models. It will be a good time to expose many to web3. If world power country gives that attention in the next 4 years, cryptocurrency can go a very long way. Those who bought bitcoin early will actually be waiting for just the right timing. It's never too late to join the crypto race, birds will be returning to the mountain, altcoins remains also a lucrative opportunity, do well to make the needed research.
Posted Using InLeo Alpha