The price of #BTC might hit 100k if us strike iran and here is why I think so The United States dollar is one of the strong pillars that usa has. The value of this dollar is driven by the demand ( how many people want it mostly for business), If many people want its value increases. If the dollar increase in value #BTCUSD price fall, think of it as how many mangos you would buy in the market if your currency has much value, they would be many than usual right? The same applies to number of btc you can buy if the $ value is high So what happen when if the $ value crash? The bitcoin price will go up since you will need much dollars than usual to buy it This why I think #US war on #iran will lead to increase in btc value 1) investors will fear to store their assets in dollars as the country is engaged in war, they will fear to continue investing in American companies since their growth might be affected by war, this will reduce the dollar value making btc price rise 2) people will demand btc much more to do trade as it is not controlled by any government 3) iran currency has fallen meaning they will need a way to buy ( trade) war material internationally and of course they can't use dollar they might need crypto as it is accepted internationally and more secure
DOGE could test the $0.50-$0.60 range this month: Here is why
🌍 Political Climate
1) President Donald Trump who promised to support Crypto will take office on Jan 20.
Remember what happened on the price of Bitcoin when trump won elections, it hit 100k USD for the first time in history.
Crypto Currencies tend to move a lot by hype. This month just like other presidents we are expecting trump to remind his citizens all the goals he has in this 4 year mandate which include supporting crypto.
A large number is expected to buy crypto after trump encourage them to do so.
2) Elon musk will also take DOGE (Department of Government Efficiency )office this Jan. A lot publications reported musk own 28% of Doge coin, basing on that the owner of DOGE coin is expected to use his Governmental new position to advertise his asset bringing more buyers ( more buyers will increase the price)
If Doge coin price double, Elon who hold large percentage will automatically break the Manser Mussa record of being the most richest person to ever live on the planet earth as his net worth will cross 500 B
💡 What to Watch:
Support Levels: DOGE is holding strong near $0.35. A breakout could take it to $0.50 or beyond. Adoption Trends: More businesses are beginning to accept Dogecoin, further solidifying its place in the crypto space. Volatility Ahead: Stay cautious crypto markets are highly dynamic, and price swings can happen rapidly.
🔮 Our Prediction: If bullish trends hold, DOGE could test the $0.50-$0.60 range this month.
🇺🇲TRUMP CABINET PICKS LINKED to #crypto : Key Players (Analyzed)
1. #Elon Musk (Department of Government Efficiency)
Elon Musk has been a vocal supporter of cryptocurrencies, particularly Bitcoin and Dogecoin. His tweets and statements have significantly influenced the prices of these digital assets.
For example, Musk's promotion of $DOGE coin earned him the nickname "Dogefather" and drove significant market activity
His involvement with a governmental entity like the Department of Government Efficiency could allow blockchain technologies to influence public-sector efficiency.
Musk's expertise in tech innovation, particularly around decentralized technologies, aligns well with efforts to reform government operations
2. #Jay Clayton (U.S. Attorney for the Southern District of New York)
During his tenure as the SEC Chairman, Clayton led the agency through a period of increased scrutiny on Initial Coin Offerings (ICOs) and digital assets.
He focused on regulating fraudulent ICOs and clarifying the distinction between securities and cryptocurrencies.
His legal expertise in crypto regulation makes him well-suited to handle cases involving blockchain fraud and digital currencies
3. #Vivek Ramaswamy (Department of Government Efficiency)
Vivek Ramaswamy has expressed a broader interest in blockchain and decentralization as tools for enhancing transparency and efficiency.
His pairing with Elon Musk in a department focusing on reducing government waste suggests that blockchain's ledger-based transparency could be part of the initiative.
This alignment indicates a strategic use of blockchain to tackle inefficiencies in governance, though direct applications remain speculative at this stage.
As a hedge fund manager with extensive experience in global financial markets, Scott Bessent's role as Treasury Secretary positions him to influence crypto regulation and adoption.
$Doge is predicted to hit one 1$ in January after trump's take over and here is why:
After the election of Trump as he said he will support crypto the price of bitcoin hit 100k usd, and if you look well the graph of bitcoin and doge the very related as both seems to go with hype from people with big names such as elon musk
As doge is a coin that goes with hype during these days of November and December is predicted to not do any big surprise regarding the increase as musk is predicted to not show social dominance till he sit on his Governmental position same as Trump.
The hype is expected to be high not only in crypto space but also in the tech space after the 2 sit on the position
the first days will be full of motivation words more than it was in election period, and daily celebrations of things achieved in that short period on power to attract huge audience.
Musk being the owner and holder of 28% of doge coin will be obligated to use this time not only to brand doge coin but also his all activities
Trump being a media king is also predicted to support musk activities on public
trust me a word from US president matters alot on the activities and decisions of general society and we have already seen that (price of bitcoin)
my advice is this " buy doge coin now and don't be distracted by the falling price, soon you will be happy for that decision thx "
سجّل الدخول لاستكشاف المزيد من المُحتوى
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية