How high could BTC go short term if BTC SBR gets approved in January 2025

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fox42Member
Posts: 24 · Reputation: 200
#1Oct 2, 2021, 07:44 PM
Hey everyone So, if Bitcoin’s strategic reserve is approved in January 2025, maybe right at the start of Trump’s new term with an executive order, what kind of short-term price reaction can we expect for BTC in the following weeks? I’m not interested in the typical "we gonna moon, bro" chatter. Seriously, that stuff is just annoying. Has there been any smart analysis with actual data backing it up? Like, how high could the price go two to four weeks after the SBR is approved? Let’s say we start at 110K... could Bitcoin actually double to 200K in that time frame? I’ve seen some talk about 250K being possible. Samson Mow keeps mentioning this "omega candle," which he thinks is a 100K daily candle for Bitcoin. I’ve always found that kinda ridiculous, but maybe he’s got some insider info since his organization is out there lobbying for Bitcoin adoption. So, is he possibly onto something? That 100K daily candle sounds so wild that it makes you wonder if there’s something serious behind it. Did he crunch some numbers, or is he just making stuff up? Wasn’t so sure before, but now I’m reconsidering... Also, it seems like the UAE holds around 300K bitcoins or even more. Could the USA, China, or Russia jump in on the FOMO? Is it really feasible for the price to almost double from 100K to 200K within just a couple of weeks after the BTC SBR announcement in January? I’d love to hear any smart takes or analyses on this... any numbers to back it up?
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fox42Member
Posts: 24 · Reputation: 200
#2Oct 2, 2021, 09:02 PM
One thing ill mention, that i didnt found mentioned anywhere else: When Trump mentioned BTC SBR fist time in summer (?) of 2024 (i think in Nashville(?)) i was like – omg this is so stupid, hes just going after the votes of bitcoiners, thats all, he just promisses sh*t for votes (every politican does that) and i did NOT at all understand the enthusiasm in BTC community, i found them NAIVE to the max… Trump was just posturing for votes and NOT planning to go ahead with it… Bitcoiners were just another voting block he was after , or so i thought… But then he got elected… IF (!) he didnt mean to go through with the SBR, you would expect him and his circle to slowly „quiet“ the converstaion about the BTC SBR down, tone it down a lot, dont speak about it at all and slowly let people (hopingly) forget about it… YET (!) we have seen NO such thing (!). On the contrary, he (and his circle) go on and on about it… This is NOT (!) what you should do if you are planning to NOT pass the legislation (!). You want people to forget about what you promised and not to remind them by you speaking about it (!). Thats was the 1st realization, 2nd is that an awful lot of people from his upcomming administration seem to be pro crypto… Might be a „coincidence“, but i dont think so…. Also why consult with CEO of Coinbase for your cabinet picks… (!?) That was like a WTF moment for me… 3rd realization is that Trump SUPPOSEDLY mentioned „Bitcoin is the new oil“… That was also quite WTF for me (Google the significance of this if you do not understand, 4th realization is Trump is NOT (!) that wealthy for him to pass on possible bitcoin gains (!). Trump is what, like measly 5,5 billion net worth (and is that NET?) how much of that is „real“, how much of that is liquid… My point being Trump is NOT (!) so wealthy that he could ignore BTC (like MUSK for example) and i believe he looks at BTC as many „normal people“ do – as a Fo*king opportunity to at least DOUBLE his bags (!). I believe Trump IS IN BITCOIN in some way and will HUGELY benefit if he passes SBR… And now he has a SHI* TONE of PERSONAL,motivation, PURE and TRUE motivation to actually pass SBR… This is a point i have NEVER heard anywhere else (!). All this in conclusion – i really think we are getting SBR… Maybe even in January… Maybe even on day 1… Trump has his OWN, PURE, MOTIVATION – MONEY (!). (and greed, and there is nothing wrong with that, it just makes the whole scenario MUCH more likely and realistic (!).
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sam.bullSenior Member
Posts: 390 · Reputation: 1323
#3Oct 2, 2021, 09:09 PM
You can never find any data or accurately predict it because it has never happened before There's no historical data to predict the price The highest that can be said is super bullish Minimum of $150K in the first week Imo but it's baseless and centered on speculations. If you finding the top so you can know when to sell or how much you would gain Then I would have to advice against that The implementation of the policy is a start there's also the stage when they start actively buying.
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hodler2019Legendary
Posts: 2182 · Reputation: 12913
#4Oct 2, 2021, 11:52 PM
First off there has been a fail. What is that fail Trump could not get rid of the debt limit . For his plans to work the debt limit must go by by. The problem is a lot of powerful people have bet on the dollar for decades. If they did not hedge with btc and other crypto they have zero interest in a SBR move. So the idea that Trump makes SBR on day one is not going to happen. The next shot to lift the debt limit is March. It must be done lifting the debt limit would be the single best move Trump can do to set a proper foundation for the SBR. It allows trump to weaken the dollar bigly as he trades it for btc. No way to predict what the SBR will do today. Unless you want a lot of ifs. If one in March he gets the debt limit lifted for 2 years. If two he passes the SBR in April or later. If three he makes legislation saying a USA 🇺🇸 taxpayer pays zero tax if the sell their BTC directly to the SBR. those all happen we will go over 200k by the summer with ease. But they are big ifs.
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boss23Full Member
Posts: 107 · Reputation: 398
#5Oct 3, 2021, 03:49 AM
Not sure if you heard about what Fed chair said about it, https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-dips-below-96000-as-jerome-powell-dismisses-speculation-on-bitcoin-reserves/articleshow/116492380.cms?from=mdr However, with it without it, I think we will be fine and we could be at least continuing on our massive pump next year. My personal prediction is still around $150k-$180k. But I wouldn't be surprised if we can go as high as $200k as Trump other policy, like putting crypto friendly to lead like the SEC chairmanship as it's crucial for us. And then advisers as as well with a lot of experience in digital or blockchain sector. But I do still hope that they can make BTC as SBR, probably there will be concessions between the President and Powell or not sure if he can replace Powell too as chairman of FED.
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