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Analysis: Trump's Inauguration May No Longer Be a Bitcoin "Sell After Good News" Event

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2025-01-14 19:37:05
According to K33 analysis, after Trump's election, the price of bitcoin rose sharply due to his pro-cryptocurrency policy expectations, but since mid-December, the market has come under macroeconomic pressure, which has caused the market to cool. Although Trump's inauguration was previously expected to be a "sell after good news is fulfilled" event, analysts pointed out that as the inauguration date approaches, the gap between the market's policy expectations for Trump and the actual political process makes this strategy less appealing. Trump's trade rhetoric may bring inflationary pressure, but tax breaks and favorable crypto policies are expected to drive risk assets higher. Despite the short-term volatility in bitcoin prices, K33 is optimistic about Trump's long-term impact.
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