Donald Trump surprised everyone during his presidential campaign in 2024 by adopting a pro-Bitcoin and pro-Crypto stance.
This was all the more surprising given that Donald Trump had asked whether banning Bitcoin during his first stint in the White House was possible.
Yet, in search of votes, Donald Trump and the Republican Party completely changed their strategy in 2024. Donald Trump promised to transform America into a haven for the Bitcoin and cryptocurrency industries.
Donald Trump had all the pseudo-Bitcoiners dreaming during the Bitcoin Conference 2024 when he spoke of America creating a strategic Bitcoin reserve.
This was to be accompanied by the preservation of the government's BTC holdings, the sacking of SEC chairman Gary Gensler, and an end to anti-crypto actions by federal regulators.
With Donald Trump's inauguration for his second term fast approaching, some are beginning to doubt his commitment to delivering on all these promises.
Bitcoin's price approaching $90K is a reflection of these growing doubts!
Austin King, CEO of Omni Labs, expressed his concerns: “It's clear that the Republican party has relied on a pro-crypto political stance to accumulate votes from citizens who hold crypto assets. What's not clear, however, is the likelihood that Trump will refer back to his promising, but vague, statements about his crypto policy plans once he's in office.”
Those hoping Trump would announce Bitcoin's strategic reserve for America on his first day in the White House may be disappointed ...
To anticipate the different scenarios this will induce for the Bitcoin price, I advise you to read my article below. In it, I analyze the different scenarios for the price of Bitcoin depending on what Donald Trump will do in the first few weeks of his arrival in the White House.