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Will Bitcoin price crash

Trump may use Bitcoin as US reserve asset on ‘day one’ — How high will BTC price go?

Trump's potential executive order making Bitcoin a US reserve asset may drive a $20 billion BTC purchase in 2025.

Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin (BTC) as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike.

In a podcast interview with YouTuber Tim Pool, Mallers explained that the president-elect could rely on provisions within a so-called "Dollar Stabilization Act," which grants him considerable authority to protect the US dollar.

“There’s potential to use a day-one executive order to purchase Bitcoin,” Mallers stated, adding:

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Bitcoin ‘ticking time bomb’ setup targets $150K by 2025

Bitcoin price technical setups, including a "cup and handle" pattern, suggest an explosive move to $100,000-$150,000 over the coming months. 

Bitcoin (BTC) is flashing signals that may indicate an explosive move to the $100,000-$150,000 range by the first quarter of 2025.

Bitcoin’s recent price action shows a confluence of technical indicators aligning with a breakout. The most notable pattern forming on the charts is the "cup and handle," a classic technical formation suggesting bullish continuation.

This pattern features a rounded bottom (cup) and a subsequent consolidation phase (handle). The handle’s formation signals a period of consolidation, often preceding a major bullish breakout.

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