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Prominent Bitcoin price predictions after Mr. Trump takes office
Just a few more days until Donald Trump’s inauguration as the 47th President of the United States. Here are the forecasts for Bitcoin prices after this important milestone.
Mr. Trump’s entry into the White House will be particularly beneficial for Bitcoin
On January 20, Donald Trump will officially become the new President of the United States. Experts believe that this event could cause profound changes in the current outlook, especially in relation to the stock market and Bitcoin (BTC).
The plans to reduce the tax rate of US companies from 21% to 15% will bring significant advantages to the profits of listed companies. This expanded policy direction, combined with new monetary stimulus measures that the FED may introduce in 2025, could potentially stimulate US stock prices.
On the other hand, Bitcoin is likely to see a new wave of investment in the context of the stock market performing well. Investors are actually tending to move their capital from bonds/cash to Bitcoin as the stock market moves in an upward direction.
In addition to positive views, some people believe that the event of Mr. Trump taking office on 20/01 could lead to a ‘Sell the news’ action for the price of Bitcoin. With recent developments, when the BTC price recorded a decrease of more than 10% in January, falling below the $90,000 mark before the current recovery, it seems that the short-term situation is seemingly in the hands of the bearish side.
Some analysts suggest that the price of BTC is in a head and shoulders pattern, with a forecast of a price decline in the near future. Furthermore, historical data in January also shows signs of a price drop. As BeInCrypto previously analyzed, there is a high probability that the price of BTC could experience a decrease of up to 25-30%, bringing the price back to the 7x range in the short term before showing signs of recovery.
Bitcoin price forecast for 2025: Targeting 140,000 USD
If everything goes according to plan, the Bitcoin price forecast will be very optimistic. Supporting this view, analyst Ali_charts believes that if Bitcoin breaks the current bullish flag pattern, it could reach new highs. Specifically, Ali’s target is to predict that the price of Bitcoin will target $140,000. This scenario will contradict the bearish idea we just discussed.
In addition to Ali’s forecast, most speculators in the market agree that 2025 will bring great excitement for Bitcoin holders. However, experts also agree that prices may experience short-term adjustments but still maintain an upward trend in the long term. Once the balance is restored after Donald Trump’s inauguration, we may see a quick ‘buy on the dip’ and the next price increase.
Unless we encounter serious obstacles such as the Fed’s reluctance to quantitative easing, or weakness in macroeconomic indicators in the United States… otherwise the market may witness the rise of Bitcoin as outlined.
Disclaimer: All content on this website is for informational purposes and not investment advice. Readers should conduct their own research before making investment decisions. We are not responsible, directly or indirectly, for any damage or loss arising from the use of or reliance on any content you read on this website.