When Trump takes office, the outlook for Bitcoin is expected to improve significantly. However, the U.S. economic data set to be released on Tuesday and Wednesday will play a crucial role in the short term.
If the data is positive, Bitcoin could experience a sharp rally. On the other hand, negative data might lead to a temporary pullback.
This analysis focuses on the immediate term, as in just about 8 days, with Trump assuming office, much of the uncertainty surrounding $BTC
and the broader cryptocurrency market could dissipate, paving the way for growth. 🚀