What do you think is moving bitcoin this high; Trump policies or other factors?

[S-Mars]

Bitcoin hit an all time high yesterday. Funny enough, when it sold and went to $70K+ and came back to $90K, I told my brother to buy some bitcoin and hold, that we are about to see it hit $120K now. Funny it is at 111k now and we are still going up. What do you think is pushing it this high; Trump policies or other factors?

NB: Yes, am very good with technical analysis.

 

[jddavid]

I think it all comes to down to the premise of the bitcoin. You have a finite amount of bitcoins and a constantly growing community that wants them. If you were to search "Number of identity-verified cryptoasset users", you would find that in the last few years the community grown by a few hundred millions of people. When there is more people wanting to buy bitcoins or any other cryptocurrency than sell, the price increases. Obviously, other factors like Trumps taxes do have an affect, but I believe it's short lived. In my opinion, looking in a long-term perspective, the price should grow even more.

 

[Ariel-ActiveRevenue]

What do you think is pushing it this high; Trump policies or other factors?

great points—scarcity plus growing adoption has always been Bitcoin’s backbone. Institutional demand, global inflation concerns, and broader crypto exposure through ETFs are likely bigger drivers than any short-term political influence. That said, hype around economic policy shifts can definitely fuel temporary surges.
for marketers in the crypto space, this momentum is gold. If you're looking to capture some of that attention, ActiveRevenue offers a self-serve DSP where you can run CPC and CPM traffic to token pages, exchanges, or crypto tools with precise targeting.
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[Swok1950]

Bitcoin’s recent surge is largely fueled by policy tailwinds, like Trump’s executive orders enabling crypto in 401(k)s and backing a federal strategic reserve, but institutional demand and ETF inflows are also playing a major role.

 

[LocoYoko Coffee]

Solid call on the move. I think it’s a mix of factors rather than just one catalyst. ETF inflows, reduced sell pressure post halving and improving macro sentiment are playing a big role. Politics may add fuel but structurally this feels more like supply/demand + institutional positioning than pure policy driven price action. Curious to hear what your TA is signaling for the next resistance zone.

 

[lorena_trejo]

Solid call on the move. I think it’s a mix of factors rather than just one catalyst. ETF inflows, reduced sell pressure post halving and improving macro sentiment are playing a big role. Politics may add fuel but structurally this feels more like supply/demand + institutional positioning than pure policy driven price action. Curious to hear what your TA is signaling for the next resistance zone.







Tach, ich spare schon länger auf eine neue hochwertive Kaffeemaschine, aber es ging einfach nicht voran. Ein Kumpel meinte dann, ich solle mal bei Winaura vorbeischauen. Hab mich angemeldet und direkt einen Slot mit hoher Volatilität ausprobiert. Nach vielen kleinen Verlusten hab ich dann mehr riskiert und plötzlich eine Bonusrunde mit dicken Multiplikatoren geknackt. Der Gewinn war genau das, was mir zur Kaffeemaschine fehlte. Finde es übrigens stark, dass der Support auf Deutsch schnell und hilfreich war. Hat sich definitiv gelohnt.

Spot on. The supply crunch post-halving is real, and ETFs are basically vacuuming up everything that hits the exchanges.

From a TA perspective, now that we've cleared the psychological hurdle of $110K, I’m looking at the $118K - $122K range as the next major resistance zone. If we see a weekly close above $112.5K, the path to $120K looks fairly frictionless.

I'm watching the RSI on the daily—it's getting spicy. A brief consolidation here would actually be healthier than a vertical moonshot. You seeing any bearish divergence yet?

 

[Graybeard]

Bitcoin (and all cryptocurrencies) have no intrinsic value — just Demand, FOMO and YOLO.
Other hard assets like Gold, Silver and LITHIUM have gone up a lot.

 

[JupVPN]

I think it’s a mix of several things, not just one factor politics can influence sentiment, but lately a big driver seems to be institutional demand and ETFs bringing more money into the market also when Bitcoin breaks previous highs, it creates a lot of FOMO and momentum buying, which pushes the price even further, so it’s probably a combination of macro factors, institutions, and market psychology