🚀 Trump’s $3.3T ‘Big Beautiful Bill’ Sparks Bitcoin Rally — $120K by July End? 🌟

Bitcoin’s recent surge past $110,000 signals robust market momentum, fueled by Trump’s transformative tax reforms.

📊 Market Snapshot:

Current BTC Price: ~$108,000, consolidating after smashing through $110,527 resistance.

Market Dynamics: Trading volume and retail interest remain subdued, partly due to uncertainty around U.S. tariff policies kicking in August 1, targeting 14 countries.

💡 The Catalyst:

Signed into law on July 4, the One Big Beautiful Bill Act (OBBBA) is shaking things up. Per K33 Research, this bill could add $3–$4T to the U.S. deficit, driving:

Increased Money Supply: Looser fiscal policy fuels inflation, boosting BTC as a hedge.

Strong U.S. Stocks: Rising equities lift risk assets like crypto.

Expansive Fiscal Policy: More government spending could amplify market optimism.

🔥 Expert Take:

Bitget Research Chief Analyst Ryan Lee predicts BTC could hit $120,000 by July’s end, driven by these macroeconomic tailwinds. Despite low retail buzz, institutional demand and ETF inflows ($790M last week, per CoinShares) keep the bullish momentum alive.

⚠️ Watch Out:

New tariffs and global trade tensions could spark volatility, but Bitcoin’s resilience as an inflation-resistant asset shines through.

🌍 Why It Matters:

The OBBBA’s debt expansion may devalue the USD, making BTC, ETH, and XRP prime hedges for investors. Is this the start of a massive crypto bull run?

📈 Trade Setup (Speculative):

✅ Buy Zone: $108,000–$109,000

🎯 Targets: $112,000 | $115,000 | $120,000

🛑 Stop Loss: Below $106,500

Are you ready for the #BitcoinBoom? 🚀 #OBBBA #TrumpTariffs #CryptoRally $BTC $ETH $XRP

Source: Cointelegraph, FXStreet, K33 Research