Trump’s Crypto Push Could Be the Catalyst for Bitcoin’s $100K Breakout
- Trump’s crypto push and Treasury moves are fueling Bitcoin’s sharp breakout.
- Clarity Act set to bring clearer crypto rules and further boost market confidence.
- Traders are watching ETF inflows and policy progress for signs Bitcoin can reach $100K.
After Bitcoin spent six weeks stuck in a tight band between $62,000 and $66,000, the price is now on a historic breakout.
The range broke this week as President Donald Trump’s renewed push for crypto-friendly legislation, alongside a major move from the U.S. Treasury, sent Bitcoin sharply higher and put the $100,000 target back on the table for traders.
As of press time, Bitcoin was trading around $79,500, up sharply from around $62,000 just days earlier. The question now is whether this is the start of a real trend reversal or just another sharp bounce inside a longer sideways range.
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