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Bitcoin Set for a Surge? Trump's Criticism of Interest Rates Hints at Major Shift
Bitcoin analysts are abuzz as President-elect Donald Trump voiced strong disapproval of the Federal Reserve’s current stance, labeling interest rates as “far too high” despite ongoing inflation concerns. Speaking from his Mar-a-Lago resort, Trump remarked, “We are taking over a challenging situation from the previous administration,” while accusing officials of seemingly trying to complicate matters for his incoming team.
These pointed comments, delivered just under two weeks before his inauguration, have fueled expectations of a potential pivot in U.S. monetary policy and sparked speculation about a potential boost for Bitcoin and other risk assets in the year ahead.
A Flashback to 2017: Weaker Dollar, Stronger Bitcoin?
Despite the changes in the economic and geopolitical landscape since Trump's initial term, some observers draw parallels to his rhetoric from 2017. At that time, Trump criticized the strength of the U.S. dollar, which he believed was detrimental to American competitiveness. The U.S. Dollar Index (DXY) peaked near 104 in early January 2017, followed by a downward trend that saw it dip to around 98 by early 2018.
This significant drop in the dollar coincided with a broader risk-on sentiment, driving rallies in both equity markets and the cryptocurrency space. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), highlighted this comparison on social media.
“The last time Trump mentioned something being ‘too high,’ it was the dollar in January 2017, just before his inauguration,” Bittel noted. He recalled Trump’s statement: “Our companies can't compete now because our currency is too strong. And it's hurting us.”
Trump's recent comments about the dollar’s strength being a “tremendous burden on U.S. businesses” suggest he remains acutely aware of the impacts of a strong dollar, similar to how high interest rates can affect exports, corporate earnings, and economic growth.
Potential Implications for Bitcoin and Crypto Markets
Bittel concluded that the last significant decline in the dollar set the stage for one of the most critical macroeconomic moves in recent years, spurring a surge in risk assets. “Could history repeat itself? We might see something similar unfold,” he speculated.
DXY Patterns: 2017 vs. Today
Bittel isn’t the only expert eyeing a potential peak in the DXY, reminiscent of its 2017 trajectory. Steve Donzé, Deputy CIO for Multi Asset at Pictet Asset Management Japan, shared a chart illustrating similar patterns in recent DXY movements compared to early 2017, suggesting a possible impending decline.
Financial analyst Silver Surfer (@SilverSurfer_23) also noted an intriguing timing parallel, highlighting that the DXY peaked on January 3, 2017—18 days before Trump's inauguration. In contrast, it appears to have peaked on January 2, 2025—19 days before his upcoming inauguration. He described this as “remarkable history repeating,” suggesting a correlation between the DXY’s behavior before both inaugurations.
Such observations are fueling predictions that another dollar downturn could create favorable conditions for risk assets. If the dollar indeed begins a new downtrend similar to 2017–2018, Bitcoin could benefit from increased liquidity and speculative interest.
At the time of writing, Bitcoin is trading at $94,950.

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Dogecoin rides Bitcoin’s rally to set a short-term target – Details

Dogecoin is currently in an accumulation phase, with market signals hinting at the potential for a significant rally that could push the asset to a new all-time high.
Recent data showed a notable spike in large transactions and trading volume for DOGE, reaching its highest levels last week.
DOGE’s price movements maintain a strong correlation with Bitcoin.
Following a month-long rally where Dogecoin [DOGE] climbed 131.22%, its upward momentum has slowed over the past week. During this period, the asset recorded modest but positive gains of 3.27% over the week and 1.87% in the last 24 hours.
These developments indicate that bullish sentiment persists, with investors engaging in accumulation—a strategy involving increased buying activity ahead of a potential breakout.
This behavior supports AMBCrypto’s hypothesis that a major price move could be imminent.
DOGE records a major spike in large transactionsIn the last 24 hours, DOGE has seen a significant surge in large transactions. This surge has reached its highest levels in the past week, even surpassing previous records from recent years.
According to data from IntoTheBlock, transaction volume soared to 60.9 billion DOGE, equivalent to $23.35 billion. This was driven by a remarkable 9,410 large transactions within this period.
Large transactions are typically conducted by market participants holding at least 1% of the asset’s supply.
These players, often referred to as whales, have a substantial influence on market trends, triggering either rallies or declines.
Correlation with BTCDOGE has shown a strong correlation with BTC, the cryptocurrency with the largest market cap of $1.97 trillion, according to CoinMarketCap data at press time.
This correlation, measured at 0.97, indicates DOGE is closely mirroring BTC’s price movements. With Bitcoin recently achieving an all-time high of $104,000 and expected to see further gains in upcoming trading sessions, this correlation could positively impact DOGE’s price trajectory.
Furthermore, the holding time for transacted DOGE has surged. Over the last seven days, holding time increased by 301.99%, while a 90-day increase of 526.74% pushed the average holding duration to approximately four months.
This trend suggests that recent accumulation by larger traders reflects growing confidence in DOGE as a long-term investment.
These recent buyers, categorized as whales by AMBCrypto, are prepared to hold their positions for about four months. Interestingly, the 30-day holding metric deviates, showing an average holding time of two months before trading activity resumes.
What’s next for DOGE?A technical analysis of DOGE suggests that the asset could achieve a significant gain of 81.08%, potentially trading at $0.84. This projection aligns with DOGE’s current position in an accumulation phase on the chart.
This accumulation phase is characterized by a horizontal resistance level and a converging diagonal support. Historically, when such patterns follow a strong upward rally, there is a high probability that the asset will replicate its previous upward momentum.
If this scenario unfolds, the memecoin could see a breakout in upcoming trading sessions, driven by market whales.
Once the accumulation phase is breached, the anticipated rally may materialize, pushing the price to new heights.
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Human Logic: A Future Perspective on Bitcoin's Status
Bitcoin (BTC)$BTC , the leading cryptocurrency worldwide, has been a central topic of debate over the years. It is hailed by its supporters as the future of the global financial system, while critics view it as a volatile and unsustainable asset. Amid global economic and political shifts, questions arise about Bitcoin's future in the coming period.

Factors Influencing Bitcoin's Status
1. Global Economic Conditions

With rising global inflation and slowing economic growth, many investors see Bitcoin as a hedge against inflation. However, this depends on continued trust in Bitcoin's ability to maintain its value, which is affected by its sharp price volatility.
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2. Monetary Policies and Regulations

Regulations play a crucial role in shaping Bitcoin's future. In countries like the United States and the European Union, stricter laws regarding cryptocurrencies are under discussion, including tax policies and anti-money laundering requirements. Conversely, nations like El Salvador have adopted a more supportive approach, even recognizing Bitcoin as legal tender.

3. Technological Developments

Bitcoin faces challenges in keeping pace with technological advancements. The emergence of new blockchain projects with faster and more efficient systems, such as Ethereum and Solana, puts pressure on Bitcoin to innovate or risk losing its leading position.
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Experts' Predictions on Bitcoin

Predictions for Bitcoin's near future vary widely:

Some believe Bitcoin could reach new record highs if major institutions continue adopting it as an investment asset.

Others warn of potential price declines if regulatory pressures increase or market confidence significantly wanes.

Bitcoin Between Hope and Fear

From a broader perspective, Bitcoin is more than just a financial asset; it represents a revolution in the global financial system. Its biggest challenge in the near future lies in meeting the expectations of its users while addressing technical and regulatory hurdles.
In conclusion, Bitcoin's future depends on the interplay between economic, regulatory, and technological factors. People must weigh the ambition Bitcoin represents as a liberating project against the risks posed by market volatility.

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