Are we close to a new Bitcoin rally? I wish I knew because I would invest a lot more but nobody knows that so we have to wait for it to happen. But we can know what has happened in the past and act accordingly. Although as I always say, investment is a very personal thing and each person must have their short, medium and long term objectives very well defined before acting.
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The arrival to power of the new American administration has brought a lot of noise and headlines to the crypto market, particularly to Bitcoin. But the reality is that beyond a curious meme coin with the face of the new American president, not much has happened.
But perhaps the pressure is just building up for a next bullish exit. If I'm honest, I thought that after the inauguration we would have a fall. It's that thing of buying with the rumor and selling with the news. Yes, I know, I'm old and this is not the stock market.
Anyway, I don't expect too much from regulations. Sometimes they are necessary but they always kill the market and never end the bad actors.
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