Bitcoin Price Tracking & Discussion -- 2025

[raiders72001]

Will they all be wanting 5x by XMas and panic sell at the first dip, like what happened in 2017?

I think we'll see that with every pull back. But then they'll come back or we'll get new ones. A lot of new people lose money during these runs.

The app jumped from a ranking of 435th on the day before the U.S. election on Nov. 5 to 8th on Wednesday as the price of bitcoin reached new all-time highs above $93,000. It is currently ranking at 9th in the "Free iPhone Apps" category, according to The Block’s data dashboard. Cash App, which offers bitcoin support, is currently ranked 30th, and crypto and stock trading app Robinhood 13th.

[Optional]

https://www.theblock.co/post/326545/...mber-1-financeCoinbase surges back into US Apple App Store top 10, hits number 1

Will they all be wanting 5x by XMas and panic sell at the first dip, like what happened in 2017?

[raiders72001]

Coinbase surges back into US Apple App Store top 10, hits number 1

https://www.theblock.co/post/326545/...mber-1-financeCoinbase surges back into US Apple App Store top 10, hits number 1

[raiders72001]

Never trust politicians. He is saying so to get your votes!

I'm normally in the I'll believe it when I see it but I think this one is true.

• The Bitcoin Act of 2024 proposes a US Strategic Bitcoin Reserve to strengthen the dollar and maintain crypto leadership.
• The proposal includes acquiring 1 million Bitcoins over five years and using Federal Reserve remittances to fund the program.

Senator Cynthia Lummis has introduced the Bitcoin Act of 2024, which is now in the initial stage of the legislative process.
For the proposal to become law, it must first pass through the Senate and the House of Representatives before reaching the President for approval.
Although the bill was introduced in July earlier this year, renewed interest has surged following Donald Trump’s recent election victory and his comments supporting the creation of a Strategic Bitcoin Reserve.
This momentum has grown further with Bitcoin reaching an all-time high of $93,000 earlier this week.
With Trump’s pro-crypto stance, there is anticipation that the legislative process for the bill could advance more swiftly.
The Bitcoin Act, officially titled the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024, proposes a Strategic Bitcoin Reserve to hedge against inflation and bolster US financial leadership.
Senator Lummis announced the plan at a July Bitcoin conference, emphasizing its role in fortifying the dollar.
The Strategic Bitcoin Reserve, managed by the Treasury, would feature secure, decentralized storage across the US, including provisions for forks and airdrops with a five-year retention period.

The bill proposes a Bitcoin Purchase Program to acquire up to 1 million Bitcoins over five years, held for at least 20 years, with transparency ensured through independent proof-of-reserve audits.
It also allows states to store their Bitcoin in segregated accounts and outlines cost-offset measures, including adjustments to Federal Reserve remittances.
To offset costs, the act proposes using Federal Reserve remittances to the Treasury, with the first $6 billion of annual remittances from 2025 through 2029 allocated to the Bitcoin Purchase Program

https://cryptobriefing.com/strategic...in-reserve-us/

[Sawyer]

Trump says, "never sell your bitcoin".

https://www.youtube.com/shorts/U9O5eKhUxcA

Never trust politicians. He is saying so to get your votes!

[raiders72001]

I wasn't a fan of ADA until recently. Charles and Elon seem buddy buddy.

Pennsylvania may be buying up bitcoin as a reserve. If the US starts buying up bitcoin, China and other countries will follow.

[raiders72001]

Been watching a lot of videos the last few weeks. A few comments:
1) Trump victory seems to have created a lot of pro-Bitcoin buzz. Even more than I might have anticipated.

2) I now hear a lot of people talking about the USDollar with resignation. The % of people that talked about the USD as a de-basing fiat currency used to be very small. I now hear more and more people talking about the USD with acknowledgement that the money system needs reform.

Trump says, "never sell your bitcoin".

[ChuckyTheGoat]

Been watching a lot of videos the last few weeks. A few comments:
1) Trump victory seems to have created a lot of pro-Bitcoin buzz. Even more than I might have anticipated.

2) I now hear a lot of people talking about the USDollar with resignation. The % of people that talked about the USD as a de-basing fiat currency used to be very small. I now hear more and more people talking about the USD with acknowledgement that the money system needs reform.

[ChuckyTheGoat]

MSTR video:

[ChuckyTheGoat]

So much buzz now:

(4:10) Saylor says $100k on New Years Eve.

[ChuckyTheGoat]

88k. Maybe the dip was foreseeable.

[raiders72001]

GEORGE Brett?

Brett is the first Meme on Base.

[ChuckyTheGoat]

GEORGE Brett?

[raiders72001]

Meme coins leading the way.

[ChuckyTheGoat]

One comment. People can do with it what they want:

*US inflation continues to go up. Despite any govt efforts to constrain Inflation.

Fair to say that Inflation is positively correlated to Bitcoin price? Looks incredibly bullish to me.

[Sawyer]

Think Bitcoin is too expensive now?
That's your brain stuck in the rearview,
comparing it to the past.

But the real question is,
Is Bitcoin expensive compared to where it's going?

[Sawyer]

We're approaching final phase of bull market.

At this pace, Bitcoin Bull Season should end around march 2025 in my opinion. If bitcoin goes sideways and chops for weeks, then there's a chance it may be extended 'til October-November 2025 but March 2025 is more likely if you ask me.

My Bitcoin Price Target is 50-60 Gold Ounce.

Just like you did DCA in 2022-2023, it's a good idea to make DCA OUT in 2025.

Don't get greedy in 2025.
If you don't take your profits from market,
Then market will take your profits from you.

[raiders72001]

I don't have this but there's a DOGE on ETH that's going crazy. Department of Government Efficiency. https://www.coingecko.com/en/coins/d...ent-efficiency

[raiders72001]

Raiders: Got your Peanut the Squirrel (PNUT)? lol.

I bought some today at $1.80 and, of course, it immediately went down to $1.50. Currently at $2.10.

If you haven't heard the Peanut the Squirrel story, look it up....Euthanized by the Gestapo....

Nice! These are fun to have since you never know. The volume keeps going up which is a good sign.

Elon Musk https://x.com/elonmusk/status/1856502075162800482

How Elon Musk boosted Peanut the Squirrel to a $2B memecoin

https://www.thestreet.com/crypto/markets/how-elon-musk-boosted-peanut-the-squirrel-to-a-2b-memecoin

[Arky]

Raiders: Got your Peanut the Squirrel (PNUT)? lol.

I bought some today at $1.80 and, of course, it immediately went down to $1.50. Currently at $2.10.

If you haven't heard the Peanut the Squirrel story, look it up....Euthanized by the Gestapo....

[raiders72001]

Polymarket now has it as a 71% chance that BTC hits $100k in 2024. https://polymarket.com/event/will-bi...=1731544866246

[raiders72001]

Robinhood lists XRP, Solana and Pepe. Pepe listed on Coinbase.

[Getch13]

Don’t let 30% crypto dips scare you!
Fun fact #1: In 2017 Bitcoin witnessed 12 big pullbacks
Fun fact #2: In 2021 Bitcoin witnessed 9 big pullbacks
Pullbacks are part of the game

[raiders72001]

Polymarket has 23% chance of hitting $105k in November. https://polymarket.com/event/what-pr...=1731474076222

[ChuckyTheGoat]

Great info. I may have to expand my horizons. Crypto and real estate is what I keep. Thanks

You bet, Raiders. I think MSTR will be one of the first options for guys who a) are looking for pro-BTC options in their portfolios and b) don't feel good about on-boarding to self-sovereign their coins.

*Just my opinion. Not to be construed as trading advice.

[raiders72001]

Salud, Raiders. I've been watching a lot of videos. Have been enjoying the Front Row seat on the daily returns.

A lot of things are crystallizing (in my mind). More and more people are realizing that 'Something is rotten in Denmark.'

You mentioned MSTR (above). I've watched a lot of Saylor video, I consider myself to be an expert in MSTR. I will say this:
*One would have to be insane to fade MSTR right now.
*It's not like a normal stock. Almost no one understands what Saylor is doing.
*Saylor is putting Bitcoin on the company balance sheet. He's using a strategy that MIGHT be adopted by companies/nation-states in coming years.

Traditional stock analysts will shy away from MSTR. The returns look too good, so they'll retort with "Sell Hi."
...Except in this case, that's not what's happening. MSTR is about betting AGAINST a de-basing currency.

Great info. I may have to expand my horizons. Crypto and real estate is what I keep. Thanks

[JAKEPEAVY21]

Oof, $92.4K.

Thinking everybody and their brother has got a sell order in @ $100K. Might be a tough nut to crack but who knows? It could just blow by that landmark.....

93.1k currently...


That 100k landmark is in our crosshairs now. The way things have been going, we might pass it this week.

[Arky]

Oof, $92.4K.

Thinking everybody and their brother has got a sell order in @ $100K. Might be a tough nut to crack but who knows? It could just blow by that landmark.....

[JAKEPEAVY21]

90.9k

[ChuckyTheGoat]

A bitcoin reserve may be set up. The US will buy 5% of all bitcoin.

https://cryptoslate.com/us-bitcoin-r...ynthia-lummis/

Salud, Raiders. I've been watching a lot of videos. Have been enjoying the Front Row seat on the daily returns.

A lot of things are crystallizing (in my mind). More and more people are realizing that 'Something is rotten in Denmark.'

You mentioned MSTR (above). I've watched a lot of Saylor video, I consider myself to be an expert in MSTR. I will say this:
*One would have to be insane to fade MSTR right now.
*It's not like a normal stock. Almost no one understands what Saylor is doing.
*Saylor is putting Bitcoin on the company balance sheet. He's using a strategy that MIGHT be adopted by companies/nation-states in coming years.

Traditional stock analysts will shy away from MSTR. The returns look too good, so they'll retort with "Sell Hi."
...Except in this case, that's not what's happening. MSTR is about betting AGAINST a de-basing currency.

[raiders72001]

https://bravenewcoin.com/insights/elon-musk-and-vivek-ramaswamy-to-head-d-o-g-e-trumps-bold-new-frontier-in-government-efficiency

[ChuckyTheGoat]

[raiders72001]

A bitcoin reserve may be set up. The US will buy 5% of all bitcoin.

US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia Lummis

The proposed legislation seeks to position the US as the largest government Bitcoin holder, echoing its gold reserve status.

https://cryptoslate.com/us-bitcoin-r...ynthia-lummis/

[raiders72001]

27% chance that BTC hits $105k in Nov. according to Polymarket. 63% chance of $95k.

[raiders72001]

The rumor is that the CFTC will regulate BTC.