The Bitcoin price has soared to a new all-time high, driven by the bullish sentiment generated by the Donald Trump effect following the just-concluded US Presidential elections. The last time Trump won the US election in 2016, Bitcoin experienced a similar bullish reaction, surging to new ATHs around that time. 

The Trump Effect On The Bitcoin Price

Crypto analyst Mags has taken to X (formerly Twitter) to discuss Bitcoin’s bullish reaction to Trump’s recent Presidential victory in the US elections. According to the analyst, the last time Trump won the Presidential election in 2016, the Bitcoin price jumped 2,700% and peaked in just 400 days. 

This historic run not only solidified Bitcoin’s stance in the mainstream market but also highlighted the massive influence specific political changes have had on a cryptocurrency’s value. Based on Mag’s analysis, Trump’s return to the White House after winning the recent US Presidential elections could catalyze another bullish wave for Bitcoin.

The pioneer cryptocurrency is already seeing a massive price increase after Trump’s win. However, the analyst is projecting an even higher bullish outlook for Bitcoin. Mags has revealed that if history repeats itself in this cycle, then Bitcoin could hit a peak around December 2025 or sometime in Q4 of next year. 

In 2026,

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Author: Scott Matherson