Trump, the most pro-Bitcoin president in history, wins, BTC exceeds $100,000 by the end of the year!
Trump was successfully elected as the 47th President of the United States. A historic moment has come for the cryptocurrency industry! Trump has made it clear that he supports Bitcoin and is expected to include it in the national reserve. This is undoubtedly a huge boon for Bitcoin! At present, Bitcoin has broken through its all-time high and entered a real bull market. Any pullback is a good opportunity to add positions. It is worth noting that although Trump has been elected, he will not be officially sworn in until January 20 next year, so the plan to include Bitcoin in the national reserve will take some time, but this good news will still drive the market forward.
Macro factors are positive for Bitcoin
First, the interest rate cuts by central banks around the world are extremely favorable to Bitcoin, especially the continued interest rate cuts by the Federal Reserve, which are expected to continue until 2026. This releases a large amount of liquidity, providing a strong impetus for the rise of Bitcoin. On the other hand, Trump has repeatedly stated that he regards Bitcoin as a strategic asset of the United States, which has greatly enhanced market confidence. If the United States establishes a strategic reserve of Bitcoin as planned, purchasing 200,000 Bitcoins each year for five years, demand will increase significantly, driving prices further up.
Don't forget that there will be a Fed interest rate meeting at 3 a.m. tonight, with a 100% interest rate cut, which should be a good thing. And the Fed will continue to cut interest rates in the next year, which creates an excellent environment for the start of the bull market in the cryptocurrency circle. And ordinary people like us must seize this trend to change our own destiny. You may be confused now, but believe me, hold on to your coins, and we will witness miracles together next year.
Market pattern changes: Bitcoin becomes a rising star in global assets
Trump's election means that the market has changed. The market value of Bitcoin has surpassed Meta and climbed to the ninth place in global assets. Bloomberg analyst Eric predicts that the growth potential of Bitcoin ETFs can reach three times that of gold ETFs. Although the current market value of Bitcoin is less than 1/10 of gold, it is possible to surpass gold in the future and top the global asset list.
With the increase in market certainty brought by Trump's election, the inflow of funds into spot ETFs is expected to hit a record high. In the past, market uncertainty led to capital outflows, but now with the return of certainty, the market will enter an upward channel. For investors, this means that they can enjoy the dividends of rising prices in the accumulation of the past bear market.
How long will the Bitcoin bull market last? 2025 may be a critical node
Whether the Bitcoin bull market will end in 2025 is the focus of the market. Although some analysts believe that the bull market may end in the first half of next year, I tend to think that this bull market will last until the second half of 2025. The CEO of Cryptocont pointed out that the "pain and pain-free phases" of Bitcoin are closely related to the holding period. We are currently approaching the bottom. Once the pain is alleviated, it may be time to gradually sell Bitcoin.
The growth potential of the cryptocurrency industry is huge
At present, the popularity of the cryptocurrency circle is still very low, and the market potential is huge. Every time a bull market starts, it will attract a large number of newcomers to enter the market. Moreover, not only venture capital, but also conservative pension institutions have begun to allocate Bitcoin. For example, the first pension institution in the UK has allocated 3% of its positions to purchase Bitcoin.
The pension fund in Michigan, USA, also purchased $7 million of Ethereum this week, and had previously allocated $10 million of Bitcoin. It can be seen that the traditional market is gradually accepting Bitcoin, and the adoption rate of the cryptocurrency circle is gradually increasing. Our generation of investors is the pioneer of the cryptocurrency circle and is in a period of huge dividends. In the next 5 to 10 years, the cryptocurrency circle will still have huge room for growth.
The next hot coins: Floki, Solana, Pepe
In the future bull market, I am optimistic about the strong performance of several currencies:
Solana: If Solana rises to $500, the profit will be 3 times, and WIF may also see a sharp rise.
Pepe: As a member of Dogecoin, it is extremely volatile and is expected to have room for growth of about 10 times in the future.
Ethereum is expected to see short-term popularity at the annual conference on November 12, and the real surge will occur in the Prague upgrade at the beginning of next year. Currently, Ethereum has broken through $2,880, and I think it still has room to rise further. Its support range is between $2,700 and $2,780.
Short-term opportunities: Dogecoin and Pepe
Some time ago, we took profit on Dogecoin at around $0.2, and then it soared to $0.22, and we easily earned 60% without leverage. Now, we are looking for new opportunities, such as Pepe. This strategy of buying low and selling high is very common in the cryptocurrency circle, and it is common for the market to double several times in a week.
On-chain data: The market is strong and funds are entering the market
Recently, Mentougou, which has been silent for a long time, began to sell Bitcoin, transferring 35,000 Bitcoins, worth about 2.3 billion US dollars. But even so, the market did not fluctuate significantly. When Bitcoin fell, large funds immediately entered the market to take over, showing the strong absorption capacity of the market. This is completely different from the pessimistic market sentiment a few months ago.
Currently, Mentougou still has about $2 billion worth of Bitcoin in stock, which will not pose much of a threat to the market. At the same time, FTX's $16 billion compensation case is coming, which may bring huge buying, further driving the market up. As these factors ferment, Bitcoin is expected to break through $150,000 in the next six months.
Summary: The bull market has started, and the next six months are full of opportunities
Overall, Bitcoin's on-chain data is healthy, and the market buying is strong. It is still in the red buying range at this stage, and large funds are continuing to accumulate chips instead of selling. Therefore, the currency circle has entered a bull market cycle. In the next few months, Bitcoin is expected to usher in a greater increase, and $150,000 is just the beginning. Now is a great time, hold the currency patiently and enjoy the upcoming wealth growth!
That’s all for today’s article. We are currently in a bull market, and things are turbulent. We share passwords every day.
