#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
The price of Bitcoin has been steadily rising recently, breaking through $105,000 on the eve of Trump's inauguration, with a daily gain of over 5%. The market generally believes that Trump's administration will adopt crypto-friendly policies, including establishing a national Bitcoin reserve, which will further boost Bitcoin's price. Investors have high expectations for Trump's crypto policies and expect him to issue related announcements after his inauguration, triggering a "Trump pump" effect. In addition, recent inflows into Bitcoin ETFs have also provided support for its price rise. Although there is a risk of market correction, most analysts believe that Bitcoin still has room for growth and expect it to break through $128,000 in the next few months.
Ace Hot Topic Analysis
Analysis
Bitcoin recently broke through $105,000, marking a new high since 2025. This surge is primarily driven by expectations surrounding Donald Trump's upcoming presidency, with the market widely believing that Trump will adopt crypto-friendly policies, including the establishment of a national Bitcoin reserve. Additionally, the release of the U.S. CPI inflation report has eased concerns about further pullbacks. Bitcoin has surpassed last week's local high of $102,000 and also broken through the downtrend of consecutive weekly lows, aiming for the December all-time high. Some analysts believe that Bitcoin could reach $128,000 in the coming months. However, other analysts believe that Bitcoin could experience a significant correction if Trump fails to loosen digital asset regulatory policies as planned and begin increasing the BTC holdings of the national debt.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration is expected to drive Bitcoin prices higher
Trump may release policies in support of cryptocurrency, such as establishing a national Bitcoin reserve
Bitcoin broke through $105,000, setting a new high since 2025
The market is optimistic about the Trump administration's cryptocurrency-friendly policies