Bitcoin Goes Sky-High: Trump’s Bitcoin ‘Promise’ & Japan’s Crypto Call of the Century!

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Bitcoin just found itself in the max value zone, because, apparently, political leaders can’t stop hyping up crypto.

Bitcoin, the king of crypto, has now entered what analysts are calling “max value” territory. This milestone coincides with international politicians suddenly discovering their deep, unwavering love for digital assets. Never a dull moment in crypto, huh?

The almighty Bitcoin shattered some crucial price points, but don’t fret-some structural indicators are suggesting that long-term accumulation could be in your favor. The thrill never ends, folks. 🙄

World Leaders Are Suddenly Team Bitcoin

The former Prime Minister of Japan is out here making waves on social media. Pete Rizzo shared on X (yes, that’s still a thing) that the former PM described Bitcoin as a “once-in-a-century opportunity.” Classic. Guess this message is going to echo around the world, unless, you know, someone turns off Twitter. 😏

Source: Pete Rizzo X

And just when you thought this drama couldn’t get juicier, President Trump chimes in with some bullish enthusiasm. Apparently, the U.S. government sold off a ton of Bitcoin back in the day, and now, they’re regretting it because those coins would be worth billions. Billions! Ouch. CryptoRover posted this juicy tidbit on X.

CryptoRover X

Trump also announced a new policy for America: “Never sell your Bitcoin.” Classic Trump move-turn every situation into a motto. Maybe this is his way of staying relevant in the crypto world. 🤷‍♂️

You might also like: Bitcoin News: Bitcoin ETF Exodus: $3.5B Flee – Crash Incoming?

On-Chain Metrics Giving Buy Signals (But Who’s Counting?)

CryptosR_Us took to X to break down Bitcoin’s current status, and let’s just say things are looking a little bit chaotic. A savage decline, no doubt, but the price hasn’t gone below 2025’s all-time low, so there’s that. 🍿

Source: CryptosR_Us

Seven million BTC are underwater right now, and that’s a new record. We’re talking more than the all-time low of 2025. That’s like breaking a record no one asked for. 🤦‍♀️

New whale addresses are getting a taste of that underwater life too. They’re closing below their realized price levels, which screams “capitulation.” Sounds like it’s time for big holders to throw in the towel. Maybe they can use that towel to dry off all their losses. 🙃

You might also like: Bitcoin News: This Shocking Indicator Says Bitcoin’s Bull Run Ended

Critical Support Level Just Won’t Quit

Here’s a fun fact: one key support level managed to survive the selloff like a true warrior. According to CryptosR_Us, the price was recaptured by the anchored volume-weighted average price during Bitcoin’s halving. Honestly, if I were a support level, I’d want to go out with a bang, too. 💥

This, folks, is what they call “structural undervaluation,” and historically, it means long-term dollar-cost averaging might just be your best bet. The market cycles are ready for a refresh, and this support level is still standing strong. Let’s see if it holds. ⏳

U.S. Demand is Back (Maybe?)

Coin Bureau reported that the Coinbase Bitcoin Premium Index has flipped to positive. Yes, you heard that right-positive. After a solid month of negative values, American institutional demand seems to be re-entering the market. 🤑

Source: Coin Bureau X

For those who care about these things, the premium index measures the relative purchase pressure on Coinbase versus other exchanges. A positive value means American traders and institutions are showing up, so let’s see if this signals a lasting recovery. I mean, nothing says “recovery” like a bunch of investors suddenly waking up, right? 🛌

In short, the market’s watching closely to see if these factors combine into something solid. With political support, on-chain buy signals, and a touch of Trump magic, maybe this will be the catalyst Bitcoin needs to take over the world. Or, you know, just survive another crash. 🤞

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2025-12-01 07:37