Bitcoin posted its longest losing streak for the period since Donald Trump’s US election victory, following a failed run at $100,000 and amid cooling fervor over the president-elect’s embrace of crypto.

Now trading near the $100,000 mark, Bitcoin continues to set new all-time highs after the U.S. presidential election. As long as the Trump administration keeps its pro-crypto promises, the price of Bitcoin should continue to move higher.

Bitcoin is just a stop before further price increases, claim our nterviewees. The upcoming year will be crucial for the cryptocurrency market as the U.S. will be led by a pro-Trump administration. Six years ago,

MicroStrategy shares are a more popular bitcoin play than the cryptocurrency itself for many individual investors.

MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge fund proxy.

Bernstein analysts predict MicroStrategy will own 4% of the total bitcoin supply by the end of 2033, an amount they expect to be worth about $830 billion.