Bitcoin price is trying to gain 88 thousand dollars at the time of writing and there have been serious declines in altcoins. BTC price The surge was triggered by Trump’s endless demands. He is still making statements as the article is being prepared. An analyst with the pseudonym EllioTrades says the destruction is “deserved”.
Trump’s Latest Statements
Trump is in Davos today and is meeting with leaders and businessmen. He also had a 1-hour speech that we gave at the last minute. He is still making statements as the article is being prepared. His insistence on Greenland has been stifling for cryptocurrency investors. While the EU says enough is enough, Trump says “I need that place.”
“I think it’s a reasonable price for Greenland. NATO He wants security for everyone.
NATO Secretary General Rutte spoke well, his statement was good, but the USA needs Greenland.”
Image of Cryptocurrencies
EllioTrades believes that the image of cryptocurrencies today memecoins He said he was extremely badly affected by it. Therefore, the devastation experienced in most of the altcoins was a well-deserved collapse.
“Most of us thought, if you can’t fight them, we should join them. The move towards meme coins has clearly been bad for the industry.
This has led the general public to view the entire industry as a scam, when in reality there are many high-quality teams, developers, and protocols.
“It is sad, but good things will survive and thrive over time, thus rebuilding trust in tokens.”
The PumpFun platform enthusiasm at the beginning of 2025 caused new investors to suffer huge losses in their fill-and-empty tokens. While this group of investors wiped out all their capital in the hands of crypto’s biggest fraudsters in their first months, their vision of cryptocurrencies turned out to be nothing more than “gambling”. At that time, we mentioned that this was not sustainable and that although millions of tokens would cause a temporary liquidity increase, it would actually bring bigger problems.
Bitcoin (BTC)
Analyst with the pseudonym DaanCrypto of BTC It is not bothered by the fact that it is testing the annual opening level. The analyst, who thinks that the $ 84,000-94,000 range should be monitored, will take a position accordingly by looking at how the medium-term support point reacts. However, the $98,000 test aroused investors’ excitement that “this time might be different.” The fact that this causes disappointment means that a large capital must now raise the markets.
Individual investors are tired and worn out. Bitcoin Since it was doomed to failure in every attempt, no one could make a profit except those who had been short selling for a long time. If we are going to see a significant rally this year, it will be possible with a group of large investors lifting the market as smaller investors become more and more risk-averse while they have been dealt fatal blows.
