David Bailey, advisor to Donald Trump on crypto policy, has made a bold claim about Bitcoin's future price movement. According to Bailey, the only reason Bitcoin isn't already at $150,000 is because of two massive whales suppressing the price ยน.
The Whale Effect:
- Whale Pressure: A handful of giant holders have been offloading BTC, keeping the price suppressed.
- Market Impact: Once their selling power dries up, supply shock kicks in, leading to fewer coins available and stronger upward momentum.
The Trump Factor:
- Pro-Bitcoin Stance: Trump has been openly supportive of Bitcoin, which could accelerate adoption and institutional confidence.
- Strategic Bitcoin Reserve (SBR): Bailey suggests that if a major economy like the US adopts an SBR, it could trigger a domino effect, leading to global Bitcoin adoption ยฒ.
Market Impact: Once their selling power dries up, supply shock kicks in, leading to fewer coins available and stronger upward momentum.
The Big Picture:
- Potential Price Target: $150,000
- Catalysts: Halving effects, ETF inflows, and growing adoption could contribute to Bitcoin's next massive leg up.
- **Current Price
