Bitcoin Price May Surge to $150K Due to Trump’s Big Beautiful Bill
- Bitcoin could reach $150,000 following Trump’s new spending bill.
- Historical trends show Bitcoin gains following increased US debt.
- Trump’s spending initiative sparks bullish optimism among crypto investors.
- Predictions reflect Bitcoin’s potential large gain within weeks of legislation.
- The global M2 money supply’s rise correlates with Bitcoin’s price movements.
Trump’s Bill Could Catalyze Bitcoin Price Surge
Bitcoin’s price is poised for a significant surge, possibly hitting $150,000 in mere weeks, driven by the anticipated signing of President Donald Trump’s “Big Beautiful Bill.” This legislative package echoes previous strategies, namely a spending bill from late 2020 during which Bitcoin price skyrocketed by 38%. Crypto enthusiasts are cultivating optimism as they scale their investments, anticipating a similar bullish trend with this new initiative.
Increasing National Debt Drives Bitcoin Optimism
The context for this projected price increase lies heavily in the increasing national debt, which experts anticipate will soar to $40 trillion by 2025. A rapid increase from the $23.2 trillion recorded at the start of 2020, this new national debt level represents a staggering $17 trillion rise over a mere six years. The boost in U.S. borrowing, particularly in times of economic uncertainty, has historically triggered positive reactions in Bitcoin’s growth, suggesting that the crypto market might have similar reactions to the “Big Beautiful Bill” as it did in the past during previous stimulus initiatives.
Correlation Between Bitcoin and Global Monetary Trends
Additionally, an expansion in the global M2 money supply further bolsters these bullish sentiments surrounding Bitcoin. Historical data has shown that Bitcoin tends to follow M2 trends almost in sync but with a slight delay. Just recently, global M2 reached an unprecedented mark of over $55.4 trillion, which positions Bitcoin favorably amid these economic shifts. However, industry specialists, like trader Rekt Capital, suggest there could be a rise in M2 that continues even after Bitcoin potentially peaks, adding a layer of complexity to the outlook for crypto investors.
As Bitcoin positions itself for what could be a change in the market landscape, fueled by Trump’s ‘Big Beautiful Bill,’ investors remain hopeful for a repeat of history’s bullish trends. The expectations around national debt and M2 money supply provide some context for this projected growth. Yet, as always, caution is being advised given the inherent risks in investing in cryptocurrencies.
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