How Do You See the Bitcoin Movement After Trump Assumes Office?

Lately, I’ve been thinking about how Bitcoin might react as President-elect Trump takes office. It’s trading around $97,000 right now, and analysts like Lark Davis are pointing out some interesting similarities to its behavior during the last election cycle. He’s highlighted three distinct phases Bitcoin went through back then, and with Trump’s pro-crypto stance, it feels like history could “rhyme” again.

What really grabs my attention is Trump’s plan to reshape crypto regulations and even build a national Bitcoin reserve to tackle the $36 trillion debt. It’s a bold move that could bring more confidence to the market, something we didn’t see with the previous administration.

On the technical side, Doctor Profit is optimistic too, saying Bitcoin needs to hold above $95,900 and break $97,500 to keep its momentum. With BTC already up 3% in the last 24 hours, the $100,000 mark doesn’t feel so far off anymore.

I can’t help but wonder if this is Bitcoin’s moment to shine. What’s your take? could this political shift push BTC to new heights?