Trump and the Secret Deal with BlackRock: A Bitcoin Reserve as a $150,000 Play?
On X, discussions are heating up about Bitcoin’s recent surge to $92,000 (and rumors of a breakout to $100,000), suggesting it’s no coincidence but the result of a behind-the-scenes deal between Donald Trump and BlackRock. Conspiracy theorists claim that Trump, who has been advocating for a U.S. crypto reserve, allegedly struck a deal with major funds, including BlackRock (which manages the iShares Bitcoin ETF), to artificially pump the market.
Hypothesis: this is part of a plan to push BTC to $150,000 by summer 2025, reinforcing Trump’s image as the “crypto president.” The evidence remains weak—suspiciously large BTC purchases by whales coincided with his statements, but there is no direct proof.
However, this hypothesis will not materialize. In the upcoming articles, I will explain why this won’t happen and how the scheme for Bitcoin’s crash to $42,000 will unfold.
