Trump will be inaugurated as President of the United States on January 20, and the countdown has already begun, with only 17 days left.
He will give a speech at the Capital One Arena in downtown Washington, D.C. at midnight Beijing time on January 20, 2025. This will be his major public speech before taking office.
The market is beginning to anticipate whether Trump will mention Bitcoin and cryptocurrencies in such an informal setting.
Currently, the main driving force in the crypto market remains sentiment, and the biggest source of that sentiment is Trump's power transition.
If the U.S. election is the first wave, the power transition is the second wave, and the next wave will be Trump's realization of his commitments to the cryptocurrency industry.
As long as there is no economic recession in 2025, Bitcoin may enter a long-term bull market similar to gold during Trump's four years in office.
After Trump takes office, once the Bitcoin Strategic Reserve Act is passed, many countries will follow suit. There are only 21 million Bitcoins, and about 3.7 million may have been permanently lost. In the future, only about 6 million Bitcoins may be left for ordinary investors.
If sovereign funds from various countries start to follow suit and buy in the future, the supply and demand dynamics will drive Bitcoin prices to continue rising. It’s just a matter of time before Bitcoin reaches $1 million.
In the next 5-10 years, Bitcoin has a high probability of increasing more than tenfold; in 10 years it could reach 10-15 times, and in 20 years it could reach 50-150 times. It's very difficult to beat Bitcoin in the long run.
For ordinary people, holding 0.1 Bitcoin gives a chance to reach A7, holding 1 Bitcoin offers a chance to achieve A8, while large holders with 10 Bitcoins can reach A9.