- The Bitcoin Conference 2024 saw bullish promises for bullish US crypto adoption.
- Both Presidential candidates Trump and Kennedy and Senator Lummis are bullish on Bitcoin.
- Trump vows to end the anti-crypto crusade and fire Gary Gensler on his first day.
The crypto bull cycle is just entering the super cycle phase, a cycle filled with new all-time highs for Bitcoin (BTC), Ethereum (ETH), and many other altcoins in the space. Analysts across the world are sharing bullish price predictions for their favorite and most capable altcoins in the space.
Specifically for Bitcoin (BTC), one silver-tongued analyst known for his accurate predictions, says Bitcoin (BTC) has the potential to set a new ATH of $220,000 price this crypto super cycle phase with expectations of the coins surpassing $80,000 this quarter.
The End of Biden’s Tyranny Against Crypto
This sentiment is further bolstered by the massive support for Bitcoin (BTC) coming from the 2024 US Presidential candidates. Presently, Donald J. Trump, Robert F. Kennedy Jr. and Kamala Harris have all shared some version of positivity towards the US government embracing crypto adoption.
With the fall of Joe Biden’s reign against crypto powered by Gary Gensler’s rampage ending with Joe Biden stepping down from the Presidential race, the crypto industry now has a chance to thrive and give rise to a blossoming future.
Trump and Kennedy Open Doors to Abundant Crypto Future
In particular, the Bitcoin Conference 2024 saw some epic promises from US Senators and Presidential candidates Trump and Kennedy. During the conference both candidates shared their promises to make crypto great within the borders of the United States.
In fact, Kennedy says he was not a red or blue candidate but rather an orange candidate showing his dedication to Bitcoin (BTC). He says orange signifies integrity and freedom much like the Bitcoin philosophy itself and strives to reflect this sentiment during his Presidency.
To highlight, Kennedy hopes to put the US budget on the blockchain to deliver truth and honestly through transparency. He believes that US citizens should have the right to see where their taxes are truly going. Meanwhile, Senator Cynthia Lummis announced a bill for the US Treasury to buy 1 million Bitcoin worth $68 billion.
Trump Promises to Fire Gary Gensler
Indeed, the bullish announcements simply kept coming and what could arguably be the showstopper was Trump’s announcement. The former US President said that on his first day in Office, he will fire Gary Gensler and appoint a new SEC Chairman.
Trump Set to Make the USA the Crypto Capital
Following this epic statement, Trump went on to say that Bitcoin will go to the moon and advises holders to never sell their Bitcoin for Bitcoin will likely surpass the market cap of gold one day. He expects to make the USA the crypto capital of the planet and the Bitcoin superpower of the world.
No CBDC Under Trump’s Reign
In addition, he makes it clear that as long as he is in Office there will never be a CBDC in the USA and that Bitcoin does not and will never threaten the US dollar but rather that the current government is threatening the US dollar.
Trump Vows to Commute Ross Ulbricht’s Sentence
Moreover, he adds that the US will create a US Government strategic national Bitcoin stockpile if he’s elected and vows that the government will always hold 100% of its Bitcoin. He even promised to commute Ross Ulbricht’s sentence.
Bitcoin Stands for Freedom Reflecting True America
Finally, he ends his speech by saying that Bitcoin stands for freedom, sovereignty, and independence from government coercion and control. Lastly, adding his pledge to the Bitcoin community that when he takes Office, the anti-crypto crusade will be over.
All in all, it looks like the crypto bull market is heading towards an explosive super cycle phase. Will the US Presidential election lead to an explosive start to the super cycle? Will Trump deliver on his promises this time? It is certainly an exciting time to be in the crypto space as the dawn of the super cycle begins.
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