If Trump is elected, will Bitcoin rise to $100,000?
If Trump is elected, will Bitcoin rise to $100,000?
As the pro-crypto Republican Party, when Trump declared “Make Bitcoin a National Strategic Reserve” and “Make Bitcoin Great Again,” the crypto market responded positively. Bitcoin surged by over 10%, reaching $75,000. Dogecoin also experienced a rise of over 30%, surpassing $0.20. The market displayed a vibrant and optimistic performance. Given this trend, could Bitcoin really reach $100,000 in this cycle?
Since its inception in 2009, Bitcoin is now facing the fourth U.S. presidential election. Data shows that after the past three elections, the price of Bitcoin has increased. If this trend repeats, Bitcoin’s price could reach its peak in about a year.
After each election, Bitcoin’s price has been significantly higher than it was four years prior, but the rate of increase has gradually slowed down. The first-to-second cycle saw a 70% reduction in the rate of growth, while the second-to-third cycle showed an 87% decline. If this trend continues, the increase in the current cycle could be about 90% less, meaning a rise of approximately 47.8%. It is expected that by the fourth quarter of 2025, Bitcoin’s price could reach around $103,500.
00:00 Video clip
00:34 Trump wins the 2024 US election
02:14 Republicans’ attitude towards Bitcoin
03:51 Market predictions for Bitcoin
04:45 Seven valuation models for Bitcoin
07:32 End of video
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