Bitcoin’s Post-Election ‘Trump Pump’ Almost Fully Gone: What Now?

Bitcoin (CRYPTO: BTC) has struggled to sustain upside momentum, with the post-election “Trump rally” almost entirely retraced.

Sell-The-News Takes Hold

Prominent analysts Crypto Cred and DonAlt argued in a podcast update that the much-anticipated “crypto presidency” has played out as a classic sell-the-news event, with price action failing to reflect bullish political narratives.

A move into the $68,000 to $71,000 range would represent a full reset of election-driven speculation and mark the first zone where a high-conviction long could make sense.

Despite pro-crypto rhetoric, the analysts said the asset class has …

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