Excitement rising
We already saw a really big rally in November after the Election and in the past days it seems that the sideways correction of Bitcoin could be over tomorrow. We came back to 89k during the past weeks but today we are within a few percent of the old ATH at 108k.
I think people are getting excited about tomorrow. Trump will get inaugurated with a huge event, flags everywhere and stuff and we can expect a lot of executive orders on Day 1 and the following week. I have the feeling this could become a huge „buy-the news“ event. You can see it from the price action already, Bitcoin is up +8% this week, the Trump team launched an official TRUMP Meme token which mooned in the past two days, also MAGA Coin is up big. Excitement is heating up. Bitcoin could not only see a new ATH monday but everyday next week. Trump Pump 2.0 if you want to call it that way.
Only thing imo that could stop this train is Trump not delivering. He promised a lot and now the crypto community wants to see is happen.
Do you also expect in a „buy-the-news“ event tomorrow? Or the opposite?