- Donald Trump’s inauguration is coming
- Bitcoin is back to $104.5K, and XRP has hit highs
- Analysts predict Bitcoin prices between $150K and $1M
- Trump is considering creating an altcoin reserve
- He also released and will promote his memecoin on Solana
Donald Trump’s inauguration is just around the corner, after which he can fully take on his duties and start actively implementing his pro-crypto initiatives.
Meanwhile, the price of Bitcoin has returned to $104.5K, while Donald Trump himself predicts a price of $150K. Other analysts point to even more optimistic figures, up to $1M as early as 2025.
XRP has shown records and other altcoins also have a chance to rise, especially in the context that Donald Trump is potentially considering creating an altcoin reserve from US crypto projects like XRP, ADA, SUI, AVAX, SUI, and others.
Particularly noteworthy is Solana, where Donald Trump just launched his memecoin and is actively promoting it on social media.
More About Donald Trump’s Inauguration and Possible Active Initiatives
Cryptocurrencies are becoming a national policy priority for Donald Trump, as he announced recently. And this reinforces his promises, the realization of which will have to be evaluated after the inauguration.
We have already seen many pro-crypto initiatives on his part, such as multiple pro-crypto picks for key positions in his administration, such as the new chairmen of the SEC and CFTC.
He recently reminded the crypto community of his promise to prevent the creation of a central bank digital currency, as Scott Bessent, who could potentially serve as Treasury Secretary, points out.
Of course, the central issue in all also remains the creation of a national Bitcoin reserve, and now we see that the strategic Bitcoin reserve bill has already passed 10 states and now it is almost 20% of the U.S. territory.
But that could expand greatly in the context of Donald Trump’s priorities, which is very important because first of all they could be exempt from taxes and secondly they could become the national reserve of the United States.
For example, Trump intends to discuss new plans with the leaders of several major crypto projects and may then add their coins to the U.S. strategic reserve. We are talking about cryptocurrency of American origin and in other words, Trump is thinking about creating a strategic Altcoin reserve of the USA.
Namely, according to the New York Post other US crypto projects are being considered including Ripple, Solana, Hedera, Cardano, and many others which could change the crypto industry forever because if the US government starts buying for its reserve it could cause a very big dynamic in the market.
This is really huge news, because if all this is realized, perhaps other countries will follow the example of the United States, and for example, China could support Chinese crypto projects.
What do the numbers say about BTC, ETH, XRP, and others?
Against the background of all this, cryptocurrencies, especially American ones, are showing a noticeable growth. Against this background, analysts are already making forecasts for Bitcoin starting from $150K to $1M already this year. It is possible that people who are going to hold assets for 5-10 years can afford to buy in different price ranges and are not going to sell, but for shorter-term goals, it is worth paying attention to other options, and being careful with such unambiguous forecasts.
Bitcoin was down to $89K just a few days ago, but today it is already trading above $103K with more realistic targets around $112K and $123K.
Although it seems that we are literally in the final fifth stage of the cycle, if we compare it to the past cycles, we are in the green box, after which the red box and the start of a bear market.
But we must remember that Donald Trump can change everything and the four-year cycle we are used to will break this time, provided Trump fulfills all his promises regarding cryptocurrency during his presidency.
If Bitcoin reserve is indeed accepted, and maybe even Altcoin reserve, the cycle that usually comes after the fifth phase as we have seen in this chart may not start and instead we may see a Trump supercycle from 2024 to 2028 and then a huge crash that will start in 2029 when Donald Trump leaves the presidency.
But this can only happen if Trump fulfills his promise and the U.S. buys cryptocurrencies in large volumes during his term, otherwise, we will see a repeat of the four-year cycle and a red box after this green one.
Also worth noting is Solana as a potential option for the national reserve, and the big news is that Donald Trump just launched his memecoin on Solana. In just 2 hours this coin became the largest Solana network reaching a capitalization of $9B. However, since 80% of the stock of this memecoin is on a single wallet, you have to be extremely careful with it. After all, it always has two options, where the creator wants to limit its available supply in the market and second, the creator at any time can dump 80% of the supply in the market, which can lead to a collapse.
If we look at Ethereum we can see that Reload Zone is in the range of $2734 to $3050 and we pierced it with the big shadow of the candle, which could be a good entry point. Based on this, the targets for ETH can be set at $3781, $4051, and $4625.
XRP has finally reached a new peak, which it should have done back in 2021 but was then prevented by SEC Chair Gary Gensler.
Now we can see that the $4.3 target is potentially achievable this year, but special attention should be paid to the Reload Zone from $0.99 to $1.5. This is the zone where major players and institutional investors have already purchased XRP at 0.5 and this is where they will re-enter into this coin.
Of course, if we focus on the price above four dollars, the potential profit can be about 40%, but it should be taken into account that the potential losses can be from 55 to 65%.
XRP is particularly remarkable in terms of record on Google trends, much higher than in 2021 or 2017, and it looks remarkable in comparison with Bitcoin, whose popularity is on the decline, and Ethereum as if we are still in a bear market.
Also, we have a number of cryptocurrencies that are showing strong dynamics following XRP are ADA, DOGE, XLM, HBAR, and other American cryptocurrencies among which there is also Litecoin which looks promising.
Conclusion
The inauguration is just hours away, after which Donald Trump will be able to fully take office and prove his intentions. However, it’s likely to be something very big either way. Stay with us, and be aware.
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