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Bitcoin’s on a tear, busting out a record high of $76,990 on Bitstamp right after Trump clinched the presidency. It’s price discovery mode full tilt, with traders scrambling to reprice Bitcoin for the next chapter. The vibe across the cryptosphere is that Trump’s crypto-friendliness might just grease the wheels for some wild moves ahead.

Analysts See $100K on the Horizon as Bulls Charge Forward

Analysts are lit up, calling for the next big leg up. Ryan Lee, Bitget Research’s head crystal-baller, sees Bitcoin charging to $100,000 sooner than later, thanks to juiced-up futures action and ballooning stablecoin reserves. “With the market cap of stablecoins hitting a fresh peak around $160 billion, there’s serious dry powder for leverage, which could rocket BTC to $100K in the next three months,” said Lee.

The surge in stablecoins isn’t just noise; it’s traders building ammo. Higher OI (open interest) means some heavy hitters are bracing for fireworks. And with Trump back in the Oval, there’s fresh fuel for a Bitcoin-friendly business climate, or so the bulls say.

Wedge Breakout Signals Potential Parabolic Flight to $200K Zone

It’s not just the macro setup either. Technical signals are blaring too. Gert van Lagen, crypto’s wedge-whisperer, flagged BTC’s breakout from the classic “Descending Broadening Wedge,” hinting at a potential ballistic move toward $200,000. “$BTC broke the reaccumulation ‘Descending Broadening Wedge.’ Looking ripe to parabolically tear through the $200k+ zone,” he posted on X. If Lagen’s setup plays out, Bitcoin might be moving into hyperdrive sooner than expected.

On top of that, Copper.co, a digital asset custodian, upped the ante with a November 6 call. Head honcho Fadi Aboualfa suggested Bitcoin’s $100K milestone might arrive even before Trump’s inauguration in January. “A $100,000 Bitcoin is quite possible by the time the 47th US President heads to the Capitol for inauguration on Jan. 20, with ETFs holding approximately 1.1 million Bitcoin,” said Aboualfa.

Inflation Fears and Stablecoins Pump Up the Leverage

But it’s not all easy sailing. Lee warns that Trump’s fiscal stance could fan inflation flames, keeping it above 3.5% in the medium term. For crypto watchers, though, that could spell more demand for BTC as the hedge of choice, especially with stablecoins flooding the market.

Crypto YouTuber Lark Davis has joined the bull camp too, betting that BTC sees $100,000 in just 90 days. “We’re most likely going to see a $100,000 Bitcoin in the next 3 months,” Davis said, hyping up the ecosystem to no end. With pro-Bitcoin energy from the White House and a tidal wave of liquidity, Bitcoin’s next act looks set for uncharted territory.