 Trump win sets path to $100K Bitcoin price — Copper head of research 
2024-11-13

The recent United States presidential election, which resulted in a decisive win for former president Donald Trump, could pave the way for Bitcoin to reach $100,000, fueled by supportive pro-crypto regulations.
Fadi Aboualfa, head of research at Copper.co, told Cointelegraph in an interview that Bitcoin BTCUSD could hit $100,000 “by the time of the presidential inauguration” on Jan. 20.
The projected price target is supported by growing institutional demand, particularly through Bitcoin exchange-traded funds (ETFs), which brought in $2.6 billion in investments between Nov. 6 and 11.
Rising institutional demand
Copper.co’s analysis suggests that Bitcoin ETFs could play a key role in driving the cryptocurrency’s price upward, possibly reaching the predicted target by early 2025.
Aboualfa predicted in October that ETFs could collectively hold close to 1 million BTC — reflecting a massive influx of institutional demand — “under management by the time of the US elections.”
This prediction is based on “back-testing the ETF accumulation trend against potential price ranges,” reinforced by Trump’s promises to tackle “excessive US dollar strength while retaining the dollar’s world reserve status.”
Post-election regulatory shift expectations
With Trump’s victory in the US presidential elections, Aboualfa expects an “uptick in crypto advocates across various branches of governments,” which could pave the road to supporting crypto innovation.
The Copper.co head of research expects that “some elements of crypto regulation” will stay the same — for example, in the case of cryptocurrencies that have “the traits of a security,” which he said will be “treated as such.”
Will BTC hit $1 million?
Popular crypto trader and investor Van de Poppe also shared his thoughts on Bitcoin’s price trajectory during an interview for the Decentralize with Cointelegraph podcast series.
Poppe said he believes “we are on the verge of the perfect storm,” which he thinks will result in a longer cycle than the previous bull market cycle — ending up “in somewhere 2026.”
He warned that investors pay too little attention to the rising debt levels, which he said will “be recalled at some point,” resulting in “a debt crisis like we’ve seen in 2008.”
Despite expressing optimism for the crypto market, Poppe explained that a $1 million BTC could come alongside this broader debt crisis, resulting in havoc for all asset prices in the short term.