ggl
@ggl
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1080 Followers
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Cryptocurrency mining company Blockware has stated that the price of Bitcoin could increase by up to four times by 2025, or in the worst case, by 58%, depending on Donald Trump's strategic Bitcoin reserve plan and the policies of the Federal Reserve. Blockware stated that if Trump does not implement the strategic Bitcoin reserve plan, the bear market target of $150000 may be achievable, and the industry hopes that this result will appear during the early stages of Trump's administration. As a 'base case', Blockware's goal is $225000, assuming that the US government converts its holdings of Bitcoin into strategic Bitcoin reserves, the Federal Reserve cuts interest rates as scheduled, and businesses continue to adopt Bitcoin at the 'current pace'. Blockware stated that if three factors are consistent, a "bull market scenario" of $400000 in Bitcoin price is possible. @yofurusho 0 reply
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Zhou Lele, Deputy Chief Operating Officer of Shengli Securities, analyzed in a post that the macro and high-level negative impact risks in the cryptocurrency market have passed, and the risks are more focused on expected fulfillment. For example, the US Department of Government Efficiency (DOGE) led by American entrepreneurs Musk and Ramaswami only saw a 5.7% increase in Dogecoin ($DOGE) after media reports, while Dogecoin rose 83% in the week when the US announced election results. Last week, the net inflow of off exchange Bitcoin ETFs was $1.67 billion, and the holdings of exchange contracts and CME contracts remained high. However, Funding halved and fell back, indicating that the short-term direction of Bitcoin is not one-sided, and bears are also accumulating strength. @fturhmnassydq 0 reply
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