Bitcoin Will Rise So Much That: If the Psychological Barrier is Overcome, a New Summit is a Matter of Time! - Coin Bulletin

According to experts, the decrease in inflation fears and strategic Bitcoin reserve plans could allow the price to reach new records by surpassing the psychological and technical resistance of $100,000.

The increasing optimism in the crypto market and the easing of inflation concerns have created a strong foundation for Bitcoin to surpass the $100,000 level.

21Shares Crypto Research Strategist Matt Mena said in a statement:

The disappearance of inflation fears allows Bitcoin to rise above the strong $100,000 resistance before Trump's inauguration. This level is not only a psychological threshold, but also important technically. Breaking this threshold will pave the way for Bitcoin to surpass its previous peak of $108,000 and set new record levels.

Bitcoin Reserve Strategy Demand Can Explode

Two Prime Chief Investment Officer Nathan Cox also noted that Trump's announcement of creating a Strategic Bitcoin Reserve on his first day in office could have a significant impact on the markets.

Even if > Trump does not state that he will implement this strategy on his first day, such a statement could lead to asymmetrical price discovery. Once Bitcoin surpasses the previous peak of $108,000, there will be no limit to how quickly the price can rise due to the unparalleled demand for Bitcoin reserve strategy on a global scale.

Experts from leading crypto finance institutions such as 21Shares and Two Prime agree that Bitcoin could reach record levels by meeting global investor demand.