Bitcoin and Political Expectations

🟠Bitcoin (BTC) recently reached a record high of $108,364 but dropped to $92,118 within three days. The decline coincided with the looming threat of a U.S. government shutdown.

🟠Arthur Hayes predicted a “brutal dump” ahead of Trump’s inauguration, while Martin Shkreli warned of potential long-term BTC instability. Despite skepticism, Trump supporters are anticipating the “God candle”—a sharp, single-day price surge.

🟠Trump’s potential return to office and the rise of crypto-friendly politicians could fuel market recovery. However, Bitcoin’s short-term trajectory remains uncertain as the crypto community watches events unfold.