Markets are anticipating high volatility post-election, potentially driving Bitcoin to reach $100,000 before 2025. The recent presidential victory for Trump could set the stage for a significant Bitcoin rally, with implications for the crypto market.
Analysts suggest that with Trump’s win, there may be a surge in Bitcoin’s price, as seen in the aftermath of the election. His forthcoming presidency, coupled with a Republican-controlled Senate, might lead to favorable crypto regulations promoting blockchain innovation.
Trump’s policies, however, could also mean sustained inflation rates for the US economy. Despite this, optimism remains high in the crypto market, with Bitcoin ETFs recording substantial net inflows following the election results.
Wall Street institutions are showing increased confidence in the market outlook, with expectations for Bitcoin’s price to remain strong in the future. This positive sentiment is reflected in the long positions taken by institutional investors in the futures market.
