Bitcoin Price And The Trump Effect: Here’s What Happened The Last Time Donald Trump Was President

Bitcoin price rose to new all-time high, Driven by the resulting bullish sentiment The influence of Donald Trump After the US presidential elections that just ended. The last time Trump won the US election in 2016, Bitcoin saw a similar bullish reaction, rising to new ATHs around that time.

Trump’s effect on the price of Bitcoin

Cryptocurrency analyst Mags has moved to X (formerly Twitter). Discusses Bitcoin’s bullish reaction to Trump’s latest presidential victory In the American elections. According to the analyst, the last time Trump won the presidential election in 2016, the price of Bitcoin jumped by 2,700% and peaked in just 400 days.

This historical range is not only Bitcoin’s position strengthened In the mainstream market but it also highlighted the huge impact that specific political changes have had on the value of cryptocurrency. Based on Mag’s analysis, Trump’s return to the White House after his victory in the recent US presidential elections could once again stimulate… Bitcoin bullish wave.

The leading cryptocurrency is already witnessing A huge rise in prices after Trump’s victory. However, the analyst expects a higher bullish outlook for Bitcoin. Mags revealed that if history repeats itself in this cycle, Bitcoin could peak around December 2025 or sometime in the fourth quarter of next year.

In 2026, Bitcoin price It was about $145 to $215. However, after that Mass march because of Trump In 2018, the value of the cryptocurrency rose to $16,000. In contrast to this historical increase of 2,700%, Mags expects a smaller increase in Bitcoin prices this cycle.

The analyst predicts that if Bitcoin sees a modest run rate of 240% this cycle, the cryptocurrency could see a significant rally. The price reaches the peak About $250,000. Mags highlighted the equalizer Higher price jump In the price chart, indicating a possible rise towards the $420,000 level.

Following the analyst’s bullish forecast and analysis Future Bitcoin price movementsmany members of the cryptocurrency community shared different views. One member revealed that if Bitcoin can see half the growth it saw after Trump’s win in 2016, that would mean Bitcoin may be able to see half the growth it saw after Trump’s win in 2016. Next highest cryptocurrency price It will be “huge”. This would represent a 1,350% increase, pushing Bitcoin’s price to approximately $1,215,000 from its current value.

Another member of the cryptocurrency space took a more realistic approach, revealing that a 2,400% rise in Bitcoin was impossible at its current level. However, a price rise of $250,000 was a more reasonable overall target for the cryptocurrency.

BTC leads ATH by more than $93,000

According to market intelligence platform Santiment, the price of Bitcoin has risen topped With a new ATH price of about $93,490. This massive price increase is attributed to the growing hype across various social media platforms following Trump’s victory in the outgoing US presidential election.

Because of how fast and powerful it is Bitcoin’s bullish momentum is increasingSantiment revealed that the most important indicators point to this Future prices rise above $100,000. As of writing, Bitcoin’s price has fallen slightly to $89,763 after rising nearly 20% in the past week.