Looking at the current situation, Bitcoin seems like it will remain hot for a while longer!
According to Axios, Trump is very confident about the future of Bitcoin, expressing his eagerness to see Bitcoin break the $150,000 mark at the beginning of his term!
Moreover, sources reveal that Trump views Bitcoin as 'another type of stock market', hoping that cryptocurrency will become a new investment craze during his presidency.
Will the Bitcoin bull market continue?
Reviewing since Trump announced his election, Bitcoin has soared from $68,000 to $103,000, creating a new high. Trump not only shared the news of Bitcoin surpassing $100,000 on Twitter but also confidently hinted that he played a significant role in boosting this wave of market activity!
However, although Bitcoin has been surging, the crypto market has also experienced some fluctuations recently. Yesterday's 'flash crash' caused a brief drop in Bitcoin, but today the price has been oscillating around $97,000, still looking full of potential.
From Trump's statements, it seems that cryptocurrency, especially Bitcoin, will undoubtedly become an important focus for his new government.
If Trump can really push Bitcoin's price to $150,000 when he takes office next month, not only will he be happy, but even investors will probably burst out laughing!
Do you think Trump's '150k Bitcoin' will really explode at the start of his term?