#Bitcoin Could Rebound After Trump's Inauguration#
Hot Topic Overview
Overview
There are currently two opposing views in the market about the trajectory of Bitcoin after Trump's inauguration. Some traders believe that the current market uncertainty and fear will dissipate after Trump's inauguration, leading to a potential Bitcoin rebound. They argue that the market may have overreacted to the Fed's hawkish comments and the potential Justice Department sell-off, and that Trump's inauguration could release positive news. Others believe that Bitcoin will continue to fall, but will not break below $91,000 to $92,000. They believe that the direction of Bitcoin after Trump's inauguration will depend on Trump's statements, and they are eager to see if he mentions Bitcoin in his inauguration speech to determine the short-term market trend.
Ace Hot Topic Analysis
Analysis
There are divergent predictions about Bitcoin's trajectory following Trump's inauguration. Renowned trader Ansem believes the market has overreacted to fears of hawkish Fed rhetoric and potential Justice Department selloffs. This uncertainty and fear may subside after the inauguration, depending on Trump's remarks. He recommends going long before the inauguration and observing market reactions. Some analysts anticipate a new ATH for Bitcoin after the inauguration, expecting favorable policies from the Trump administration. However, others believe the inauguration's mention (or lack thereof) of Bitcoin will dictate short-term market movements, with the ultimate outcome revealed on January 20th. Overall, there is significant uncertainty surrounding Bitcoin's trajectory after the inauguration, prompting investors to closely monitor market developments and exercise caution in their trading decisions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
After Trump's inauguration, market fears of hawkish Fed rhetoric and potential DOJ selloff may subside, allowing Bitcoin to rebound.
Bitcoin could see a new ATH (All-Time High) after Trump's inauguration.
Whether Trump mentions Bitcoin during his inauguration will determine the short-term trend.
After Trump's inauguration, policies that favor Bitcoin may be implemented, driving Bitcoin price higher.