The FED and Donald Trump are the formula to help Bitcoin reach $200K?!?
Following warnings of the collapse of the US Dollar, digital assets could benefit as investors and financial institutions look to other investment products. In this situation, Bitcoin is the preferred name thanks to the Spot ETF.
Donald Trump has changed his attitude from hostile to supportive of Bitcoin and crypto products. Notably, Trump really wants to bring crypto companies (like exchanges) back to the United States and retain the cash flow.
If Trump is elected US President, people's confidence in Bitcoin will increase and could bring this asset to a capitalization of 4 trillion USD, equivalent to $200K per BTC. The fact that the FED can reduce interest rates from the end of this year is also a huge motivation to help Bitcoin reach this $200K mark early in 2025, according to Forbes magazine.
Countries with Bitcoin-friendly ruling elites all have a high percentage of people investing in crypto. Therefore, Trump becoming President could bring a huge number of new investors from the United States.