Bitcoin price can hit $150K in weeks thanks to Trump's 'Big Beautiful Bill'
2025-07-04 10:14:52
Main Idea
Bitcoin could surge to $150,000 in weeks following the signing of Trump's 'Big Beautiful Bill', based on historical trends of BTC price increases after major US debt-boosting bills.
Key Points
1. Bitcoin gained 38% after Trump signed a major spending bill in late 2020, suggesting potential for similar gains with the 'Big Beautiful Bill'.
2. The US national debt is estimated to reach $40 trillion, a significant increase from $23.2 trillion at the start of 2020, which could fuel Bitcoin's price rise.
3. Crypto commentators highlight historical correlations between Bitcoin price surges and increases in US borrowing and global M2 money supply.
4. Global M2 money supply hit a new all-time high of over $55.4 trillion, further supporting the potential for Bitcoin price appreciation.
5. Analysts note that Bitcoin's price may peak before global M2 stops rising, indicating a possible short-term surge followed by stabilization.
Description
Bitcoin has historically made double-digit gains in weeks after major US debt-boosting bills are signed — will history repeat in 2025?
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