Trump will be inaugurated as President of the United States on January 20, and the countdown has already begun, with only 17 days left.
He will give a speech at 12:00 AM Beijing time on January 20, 2025, at the Capital One Arena in downtown Washington, D.C., which will be his large public address before assuming office.
The market is beginning to anticipate whether Trump will mention Bitcoin and cryptocurrencies in such an informal setting.
Currently, the main driving force in the crypto market remains sentiment, and the biggest source of this sentiment is the transition of power from Trump.
If the U.S. election is the first wave, the transition of power is the second wave, and the next wave will be Trump fulfilling his promises to the cryptocurrency industry.
As long as there is no economic recession in 2025, Bitcoin may enter a long-term bull market similar to gold during Trump's four years in office.
Once the Bitcoin Strategic Reserve Act is passed after Trump takes office, many countries will likely follow suit. There are only 21 million Bitcoins, and 3.7 million may have already been permanently lost. In the future, only about 6 million Bitcoins may be left for ordinary investors.
If sovereign funds from various countries start buying, the supply-demand relationship will drive Bitcoin prices to continue rising, and reaching $1 million for Bitcoin is just a matter of time.
In the next 5-10 years, Bitcoin has a high probability of increasing by more than 10 times, potentially reaching 10-15 times in 10 years and 50-150 times in 20 years. It is very difficult to outperform Bitcoin in the long run.
For ordinary people, just holding 0.1 Bitcoin offers a chance to reach A7, holding one Bitcoin offers a chance to achieve A8, while large holders with 10 Bitcoins can reach A9. #BTC☀
