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eTheNomadic /
npub1k0v…95jw
2025-02-12 07:16:27

eTheNomadic on Nostr: I think President Trump and Elon could actually cause the Bitcoin bear market. If ...

I think President Trump and Elon could actually cause the Bitcoin bear market. If they're successful at reducing the spend through eliminating waste fraud and abuse they could ACTUALLY eliminate inflation, in the short term.

Banks can now custody Bitcoin but they're not ready yet. New countries aren't coming on board yet. Businesses (aside from a handful) aren't yet allocating aggressively and retail is still sleeping.

Could we see a slow bleed and long consolidation until the next halving?
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npub1k0vxlkylvkg2k8jnkhpr26j32w0kl4ay56gdm0kjamttdk4zu7vqx995jw