Bitcoin’s Dip Defies Trump’s Crypto Push—Is a $200K Target Still in Play?

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Bitcoin’s drop despite Trump’s pro-crypto stance has left many scratching their heads.

The idea of a U.S. strategic Bitcoin reserve isn’t just talk—it’s gaining traction. While the government isn’t buying BTC yet, that could change soon, bringing institutional legitimacy and long-term price support.

Meanwhile, the Stablecoin Bill is moving through Congress, signaling a major shift toward a blockchain-based financial system.

Some big names, Elon Musk included, are exploring their own stablecoins, and Trump’s team sees stablecoins as a way to protect the dollar’s global reserve status.

Then there’s the economy. Scott Bessent’s talk of a “detox period” suggests a controlled downturn might be ahead.

If that’s the case, Trump’s playbook seems clear: blame the recession on Biden, use tariffs and crypto narratives to manage costs, and push for lower interest rates to fuel tech and AI growth. Short-term pain, long-term gain—that’s the strategy.

Regardless, I don’t see BTC falling below 70k, possibly 73-78k which is a solid time to enter for any buyers on the fence.

In the next 1-2 years, BTC at 200k isn’t as far-fetched as most would think.

Gracy Chen, CEO at Bitget

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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