🌞Despite recent political uncertainties involving former President Donald Trump and Elon Musk, Bitcoin bulls remain focused on the $120,000 price target. Analysts attribute this optimism to several factors:
A U.S. federal court's decision to block most of Trump's tariffs has improved market sentiment, leading to increased institutional investments and ETF inflows into Bitcoin.
The Bitcoin 2025 conference in Las Vegas highlighted tensions between crypto purists and political supporters of Trump, especially concerning the issuance of a Trump-themed memecoin.
Despite these political dynamics, the crypto market continues to show resilience, with Bitcoin's price currently at $101,737.
🌞 Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions.