BTCFuturesSurge

#btc #BitcoinSurge #BitcoinFuture #BTCFuturesSurge $BTC
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.

#btc #BTCNextMove #BTCFuturesSurge $BTC

Thiel Highlights Bitcoin’s Strong Historical Performance

Bitcoin (BTC) remains steady within the mid-$90,000 range, following a recent decline from its all-time high (ATH) of $108,135. While analysts closely monitor the cryptocurrency’s price movements, large-scale Bitcoin investors appear to be less focused on short-term volatility.

Thiel, referencing Bitcoin’s historical trends, encouraged retail investors to consider a long-term investment strategy. He noted that Bitcoin has ended the year with a lower price on only three occasions in its 14-year history, including during the height of the COVID-19 pandemic. Thiel shared this insight:

"My advice, for example, to my kids is to set aside a small amount each month in Bitcoin and forget about it. Over a span of two, three, or four years, it tends to grow—and that’s the approach people should take."

Thiel also underscored Bitcoin’s consistent growth over time, highlighting its average annual appreciation of 29% to 50%. Nevertheless, he acknowledged that Bitcoin remains a high-risk asset, which may deter cautious investors until it gains broader acceptance or official recognition from a leading global economy.

For example, the introduction of a strategic Bitcoin reserve by the United States could enhance its legitimacy as an asset class, potentially inspiring other nations to follow suit. Thiel suggested that such a move could serve as a major catalyst for Bitcoin’s price to reach new peaks by 2025.

Thiel further pointed to the increasing involvement of institutional investors through Bitcoin exchange-traded funds (ETFs) and favorable regulatory measures under the Trump administration as potential drivers for Bitcoin’s growth this year.

Retail Investors Increasing Bitcoin Holdings

Although Thiel’s advice was primarily directed at retail investors, recent data indicates many are already planning to expand their Bitcoin holdings. In a poll conducted by MicroStrategy CEO Michael Saylor, over 75% of the 65,164 respondents revealed intentions to own more Bitcoin by the end of 2025 than they currently do.

This optimism is fueled by several bullish events in 2024, including ETF approvals, the Bitcoin halving, and Trump’s victory in the November election.

Growing Corporate Adoption of Bitcoin

The trend of corporations adopting Bitcoin continues to gain momentum. For instance, MARA Holdings already includes Bitcoin on its balance sheet, while Hut 8, a competing crypto mining firm, recently increased its holdings to exceed 10,000 BTC.

Additionally, companies like Japan-based Metaplanet and Canada’s Rumble joined the Bitcoin movement in 2024. Bitcoin ETFs have also seen rapid adoption, accumulating over 1 million BTC within a year of their launch.

Despite this progress, skepticism persists. Japan’s Prime Minister recently expressed reservations about creating a strategic Bitcoin reserve, highlighting ongoing uncertainties in some sectors.

As of now, Bitcoin is trading at $97,229, reflecting a 0.7% increase over the past 24 hours.