A leading cryptocurrency company predicts that the price of Bitcoin will rise sharply next year, driven by President-elect Donald Trump's proposal for the United States Strategic Bitcoin Reserve Plan. Blockware Solutions stated that Bitcoin could reach $400,000 each in a bullish price trend if the reserve plan is implemented, or still reach $150,000 in a bearish trend if that does not materialize. The company emphasized that economic and political factors will shape the price of Bitcoin, including the Federal Reserve's policies under the Trump administration and acceptance from businesses. Currently, Bitcoin is trading at $92,880. Additionally, the U.S. is one of the largest Bitcoin holders, estimated to have at least $20 billion in Bitcoin. Scenarios from bear to bull markets are presented in Blockware's research report, with factors that could influence ranging from interest rate cuts to sell-offs by long-term investors.