Bitcoin is currently trading at $68,040, just $5,740 away from ATH.
According to Santiment's data, the ratio of positive vs. negative comments toward Bitcoin has risen to its highest level since March 2023, as an all-time high is back on radars. Source
Former US President Donald Trump promised to build a "strategic Bitcoin stockpile" for the United States at the Bitcoin 2024 conference in Nashville on Saturday. And "I am announcing that if I am elected, it will be the policy of my administration, the United States of America, to keep 100% of all the Bitcoin the U.S. government currently holds or acquires into the future," Donald Trump said. In short, he says, never sell it.
I don't know if Donald Trump will be elected or not, but I do know that Bitcoin will hit higher highs one way or another. And the current data seems to be signaling a very strong bull season and I believe a new bull run could be much stronger than the previous ones. We'll wait and see.
This is not investment advice. Please do your own research before investing.
