Justin Verrengia
Bitcoin is in price discovery, hitting a new record high just days after Donald Trump emerged victorious in the United States presidential election as PlanBâs Bitcoin price roadmap to $1,000,000 starts playing out.
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Crypto analyst predicts Bitcoin is ripe for a final ascent to the $300,000 BTC price level with a post-election Trump Pump. A Bitcoin surge towards $300,000 will represent a 300% increase from the current price level.
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The 2024 US presidential election is decided with Donald Trump victorious, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance and economist Henrik Zeberg predicts a Blow-Off Top for Bitcoin in play at $123,000.
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Election day is finally here with the Bitcoin bulls predicting a decisive Trump win. Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that Bitcoin will reach $1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar.
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While predicting Bitcoin will reach $1,000,000 by 2025 might seem overly optimistic, several factors such as a Trump victory can make such a scenario plausible - the increasing adoption of Bitcoin, various countries approving BTC ETF, the weakening of traditional fiat currencies due to hyperinflation, and the rising profitability for BTC miners are key drivers that could significantly boost its value.
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Donald Trump says "Bitcoin is not threatening the dollar, the behavior of the current US government is really threatening the dollar" as Bitcoin price predictions show Bitcoin on path to $1,000,000 per BTC with a Trump election victory.
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Time for Trump to pledge to buy 20% of the entire Bitcoin supply which will send Bitcoin soaring to $240,000 per BTC. Trump urged to embrace Bitcoin, claiming crypto acquisition could address national debt while invigorating U.S. leadership in blockchain technology.
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The prospect of favorable regulations and Bitcoinâs hedge status mean that Bitcoin can weather any election result and even reach $100,000 per BTC.
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Michael Saylorâs MicroStrategy is gearing up to raise $42 billion over the next three years to accumulate more Bitcoin, the firm revealed. $42 billion in Bitcoin is equivalent to about 578,586 BTC, accounting for 2.7% of the total Bitcoin supply.
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Bitwise chief investment officer Matt Hougan said that Bitcoin can âmatureâ and become worth about half of goldâs total value, making one Bitcoin worth roughly $400,000.
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An 11 year old interview with Max Keiser has resurfaced, highlighting one of the earliest public BTC predictions of Bitcoin reaching $1 million per coin.
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